The Eastern Company

Climate Impact & Sustainability Data (2023)

Centralization of common departments such as HR & IT to increase employee engagement, focused disciplined training, and security
Centralized on-boarding process and standard training
Cross-functionally integrated IT systems

Executing Under New Leadership
Strong operational strength across our leadership team stemming down to each Division to execute on cost savings metrics and vertical integration
Strong capital allocation & strategic investments being made to continue driving growth using net present value, IRR, and short payback periods

Short-term Goals:

Add value through organic activities by standardization, capital investments, and strategic acquisitions

Higher raw material and component costs and cost inflation
Supply chain disruptions and shortages
Delays in delivery of products
Global economic conditions and rising interest rates
Reductions in production levels
Availability, terms and cost of financing
Potential impact of bank failures
Restrictions on operating flexibility
Risks associated with doing business overseas
Inability to achieve savings from global sourcing
Lower-cost competition
Inability to attain expected benefits from acquisitions
Costs and liabilities associated with environmental compliance
Impact of climate change, natural disasters, geopolitical events, and public health crises
Military conflict
Terrorist threats
Failure to protect intellectual property
Cyberattacks
Legal judgments, fines, penalties, or settlements

Continuously implementing rapid financial and operational improvements to prioritize stabilization across Divisions and deliver robust cashflow
Executing on a “One Eastern” philosophy of working together to create supply chain optimization and efficiency and leverage internal manufacturing capabilities across the entire company
Disciplined Capital Utilization
Focused Value-Adding Operations
Commercial Acquisitions & Business Vertical Integration
Standard workflows across organizations by sharing operational knowledge and capabilities
Standard systems across the company allow for continuous flow of information and real-time analytics
Strategic expansions and rationalizations within emerging markets with SKU rationalization
Utilization of manufacturing strategic bases in Reynosa Mexico and China
Consolidate spend activities and utilize world class manufacturing processes in Asia and North America
Focused on vertical integration acquisitions
Increase return by exploiting manufacturing excellence centers in Reynosa & China

Climate Change Data