STRATTEC Security Corporation STRT

Company Overview

STRATTEC Security Corporation is a U.S.-based automotive supplier specializing in vehicle access, security, and power access control systems for the global automotive industry. The company designs, develops, manufactures, and markets mechanical locks and keys, electronically enhanced locks and keys, passive entry systems, power liftgate systems, latches, and related security products used primarily by original equipment manufacturers (OEMs). STRATTEC operates within the broader automotive components and vehicle security industries, serving major automakers through long-term supply relationships and integrated product development programs.

The company’s primary revenue drivers include sales of vehicle access control systems and related components to North American and international automotive manufacturers. STRATTEC has historically differentiated itself through vertically integrated manufacturing capabilities, engineering expertise in automotive security systems, and collaborative development partnerships with OEM customers. Founded in 1995 following a corporate restructuring involving Briggs & Stratton Corporation, the company evolved from a traditional mechanical lock supplier into a broader automotive access and electronics systems provider with increasing focus on intelligent access technologies and power-operated vehicle systems.