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Last $0.01 USD
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ALGI On Other Exchanges
As of 8:10 PM 10/1/15 All times are local (Market data is delayed by at least 15 minutes).

american locker group inc (ALGI) Snapshot

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Day High
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52 Week High
10/14/14 - $0.65
52 Week Low
07/13/15 - $0.0082
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Average Volume 10 Days
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american locker group inc (ALGI) Details

American Locker Group Incorporated manufactures and distributes lockers, locks, and keys for various industries in the United States, Canada, Mexico, Europe, Asia, and South America. The company provides recreation lockers, including stainless steel, painted steel or aluminum, and plastic lockers secured by a mechanical lock for storage by patrons of amusement parks, water parks, ski resorts, and swimming pools; electronic distribution lockers used to distribute items, such as industrial supplies and library books using an electronic locking mechanism; and evidence lockers used by law enforcement agencies to securely store evidence. It also offers laptop lockers used by large corporations, libraries, and schools to recharge laptop computers in a secure storage environment; and mini-check lockers used by health clubs, law enforcement, and military and intelligence agencies to securely store small items, such as cell phones, wallets, and keys. In addition, the company provides coin operated keys and locks used in new lockers or for replacement in existing lockers; United States Postal Service approved multi-tenant mailboxes that are installed in apartment and commercial buildings; and private mail delivery mailboxes used for the internal distribution of mail in colleges and universities, as well as large corporate offices. Further, it offers contract manufacturing services comprising precision fabricated sheet metal parts and enclosures for original equipment manufacturers and other third-party customers. American Locker Group Incorporated sells its lockers directly to end users; and mailboxes through a distributor network. The company was founded in 1898 and is headquartered in DFW Airport, Texas.

120 Employees
Last Reported Date: 04/10/14
Founded in 1958

american locker group inc (ALGI) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $164.2K
Chief Operating Officer
Total Annual Compensation: $143.3K
Compensation as of Fiscal Year 2013.

american locker group inc (ALGI) Key Developments

Anderson Group Offers To Acquire Assets Of American Locker Group

The Anderson Group LLC offered to acquire assets of American Locker Group Inc. (OTCPK:ALGI). In a filing, American Locker Group said, "The Company has received an unsolicited, non-binding proposal from The Anderson Group, LLC. Anderson has proposed to acquire the Company’s assets on a debt-free basis."

Paul Luber to Resign as Member of the Board of Directors of American Locker Group Incorporated

On September 25, 2014, Paul Luber notified the board of directors of American Locker Group Incorporated of his decision to resign as a member of the board of directors, effective immediately. Mr. Luber was the chair of the company's Executive Compensation-Stock Option Committee and a member of the Nominating and Governance Committee.

Stephen P. Slay Notifies American Locker Group Incorporated of His Intention to Resign from His Position as Chief Financial Officer, Effective as of September 1, 2014

On August 27, 2014, Stephen P. Slay notified American Locker Group Incorporated of his intention to resign from his position as its Chief Financial Officer. His resignation is effective as of September 1, 2014. Mr. Slay has agreed to provide certain consulting services at a fixed hourly rate until his replacement is found and appointed to fill the position.


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