Strattec Security Corporation showcases innovation in vehicle access and security solutions in new investor presentation
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Strattec Security Corporation's investor presentation highlighted its financial performance with $578.4 million revenue for Q1 FY2026. The company focuses on cost savings, operational restructuring in Mexico, and expanding its North American customer base. Challenges include supply chain issues like aluminum fire and chip shortages. Efforts to enhance automation, modernize IT systems, and adapt facilities for better efficiency were detailed. Sales are linked to OEM production rates and U.S. automotive trends.
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