August2021 - 23
handles and locks for this purpose, "
said CompX's Larry Springgate.
CompX is a domestic lock
manufacturer that serves convenience
services and many other markets with
its standard locks and hardware, route
management locking systems and
high-security locks.
The company's roots as a security
leader trace back to 1903 when it was
founded in Rockford, IL, as National
Cabinet Lock. In 1982, its headquarters
moved to Mauldin, SC, and as
it acquired other lock companies,
including Chicago Lock, Fort Lock
and Timberline Lock, the company
added an additional lock manufacturing
facility in Grayslake, IL.
CompX Security Products manufactures
up to 75,000 locks a day and
serves more than 20 different markets
through its four brands domestically.
Its largest customers include
the United States Postal Service and
Harley Davidson.
" As a designated essential manufacturer,
CompX has not stopped
production during the pandemic, "
Springgate said. " Our experience offering
touch-free locking systems spans
various other markets and we have the
resources to provide this type of product
for the vending market, as well. "
He added that a good portion of
losses in vending businesses come
from internal theft, which CompX
addresses with its two mechanical
route management lock systems.
KeSet and System 64 provide up to 64
quick and easy key updates within the
same lock.
CompX also manufactures the
high-security TuBAR lock, which is
basically two locks in one, with highsecurity
features including precision
tumblers and springs that make picking
nearly impossible. The company
makes all of its high-security keys
exclusively in its factory and registers
the codes so only the authorized
operator can obtain keys.
August 2021 * VendingMarketWatch.com 23
Booth #1351
Unattended locations give thieves
the time they need to manipulate
low-security locks and steal operators'
profits. For this reason, more than any,
Springgate urges operators to upgrade
to high-quality route-management or
high-security locks that provide longterm
defense against attacks. ■
"
If they are picking locks, we
address that attack with our
high-security lock solutions. "
Larry Springgate, CompX
http://www.avscompanies.com
http://www.VendingMarketWatch.com
August2021
Table of Contents for the Digital Edition of August2021
Editor's Note
Industry News
The RX for success
Stepping Up Security
Emerging or Rooted
A Comeback as They Come Back
St. Louis Operation uses new dining platform technology to compete
Classifieds
Social Hubs
August2021 - PCOV1
August2021 - PCOV2
August2021 - 1
August2021 - 2
August2021 - 3
August2021 - 4
August2021 - 5
August2021 - Editor's Note
August2021 - 7
August2021 - Industry News
August2021 - 9
August2021 - The RX for success
August2021 - 11
August2021 - 12
August2021 - 13
August2021 - Stepping Up Security
August2021 - 15
August2021 - 16
August2021 - 17
August2021 - 18
August2021 - 19
August2021 - 20
August2021 - 21
August2021 - 22
August2021 - 23
August2021 - Emerging or Rooted
August2021 - 25
August2021 - 26
August2021 - 27
August2021 - 28
August2021 - 29
August2021 - 30
August2021 - 31
August2021 - 32
August2021 - 33
August2021 - A Comeback as They Come Back
August2021 - 35
August2021 - 36
August2021 - 37
August2021 - 38
August2021 - 39
August2021 - 40
August2021 - 41
August2021 - 42
August2021 - 43
August2021 - 44
August2021 - 45
August2021 - 46
August2021 - 47
August2021 - St. Louis Operation uses new dining platform technology to compete
August2021 - Classifieds
August2021 - Social Hubs
August2021 - 51
August2021 - 52
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