American Locker Group, Inc. (OTC: ALGI) is a premier metal fabricator producing secure storage solutions under the American Locker and Canadian Locker brands. The company’s proprietary offerings include coin-operated security lockers, employee lockers and computer-controlled keyless systems. Leveraging over 75 years of industry expertise, ALGI stands apart from the competition as the only locker company that manufactures and controls its own distribution of non-duplicative keys, locks and cylinders. In total, the company has access to 16 million unique key patterns with which to work in the future.
The company’s current offerings include a vast selection of fully-configurable locker solutions. Recently, ALGI built upon the success of its iconic security lockers through the release of four innovative product offerings. The E-CBU locker system is an electronic locker targeted at libraries to allow for ATM-style distribution through the use of unique codes that can be tied to library cards. ALGI’s stackable Laptop Lockers are a space-saving approach to the storing, recharging and management of virtually all mobile technology devices. The Keyless Mini-Check® lockers are an innovative self-service design allowing for the storage of cell phones, wallets and keys. Finally, the company’s Envoy lockers are high-end, all-welded employee locker systems that are among the most rugged on the market.
In addition to lockers, ALGI is approved by the United States Postal Service as a manufacturer of multi-tenant mailboxes, including those installed at apartment and commercial buildings. Through this product category, the company addresses a sustainable market within the residential and commercial construction industries. Additionally, ALGI offers contract manufacturing services for precision fabricated sheet metal parts and enclosures for original equipment manufacturers and third-party customers.
Moving forward, ALGI is in a formidable position to build upon its established presence in the secure storage industry. In addition to selling its lockers directly to end users, the company utilizes a proven distribution network to sell its mailboxes. Through these two primary channels, ALGI will look to realize improved financial results in the years to come.
For more information, visit www.americanlocker.com
