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Best Access Systems
Best Lock Corporation was an American publicly traded Door furniture, door hardware and Lock (security device), lock manufacturer. Founded in 1925 as Best Universal Lock Company by Frank Ellison Best, the privately held company relocated from Seattle, Washington, to Indianapolis, Indiana, in 1938, where operations expanded and evolved. Product offerings are now marketed under the Best Access brand, which is one of several trademarked corporate divisions in Stanley Black & Decker#Mechanical Access Solutions (MAS), Stanley Black & Decker's Stanley Security group. Overview In addition to its associated commercial and architectural primary hardware components - such as locksets, padlocks, specialty locks and accessories - Best Access is primarily known for its "small format" interchangeable cores, which were introduced under Frank Best's direction in the 1960s as a replacement for the removable core keying configuration that he had first developed in 1919. Best Access products are ...
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Publicly Traded Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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