Strattec prepares to enter retail market with new Bolt locks

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Company hopes to have locks in retail stores by the end of the year.

This week, Milwaukee-based Strattec Security Corp. will unveil its first line of consumer products – its BOLT (Breakthrough One-key Locking Technology) series of padlocks.

The locks are being unveiled at the 2009 Specialty Equipment Marketing Association trade show, held in Las Vegas on Tuesday through Friday.

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Strattec’s BOLT locks use a vehicle key – by using a proprietary system, each lock “learns” a key the first time it is used. Once a key is “learned” by the lock, only that key can open it.

“We did some research and it showed that nearly half of adult car owners use a padlock for something in their life,” said Mike Long, director of new market development for Strattec. “That really motivated us to come up with a lock that would make the lives of our consumers more convenient.”

The company currently produces five models of the BOLT locks – a padlock, a cable lock, a trailer hitch lock, a spare tire lock and a motorcycle tire lock. All of the locks are built at the company’s Milwaukee facility, and Strattec hopes to begin selling them in retail stores by the end of the year.

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To see a video demonstration of the lock, click below.

Read more about Strattec’s BOLT locks in the Innovations column in the latest issue of BizTimes Milwaukee.

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