COMPX INTERNATIONAL INC
8-K, 1998-03-12
MISCELLANEOUS FABRICATED METAL PRODUCTS
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                       SECURITIES AND EXCHANGE COMMISSION



                             WASHINGTON, DC  20549



                                    FORM 8-K



                                 CURRENT REPORT



               Pursuant to Section 13 or 15(d) of the Securities
                              Exchange Act of 1934



                                 March 11, 1998
               (Date of Report, date of earliest event reported)



                            COMPX INTERNATIONAL INC.
             (Exact name of Registrant as specified in its charter)

           Delaware                1-3905              57-0981653
       (State or other          (Commission          (IRS Employer
       jurisdiction of          File Number)         Identification
        incorporation)                                    No.)



        200 Old Mill Road, Mauldin, South Carolina       29662
         (Address of principal executive offices)      (Zip Code)



                                 (864) 297-6655
              (Registrant's telephone number, including area code)



             (Former name or address, if changed since last report)

Item 5: Other Events

     On March 11, 1998, the registrant, CompX International Inc., issued the
press release attached hereto as Exhibit 99.1, which is incorporated herein by
reference.

Item 7:   Financial Statements,  Pro Forma  Financial Information and Exhibits

          (c)  Exhibit

          Item No.     Exhibit Index
          ----------   ------------------------------------------
          99.1         Press release dated March 11, 1998 issued by CompX
                       International Inc.

                                   SIGNATURES


     Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                COMPX INTERNATIONAL INC.
                                (Registrant)




                                By:  /s/ Bobby D. O'Brien
                                    -----------------------------
                                    Bobby D. O'Brien,
                                    Vice President and Treasurer


Date:  March 11, 1998








                          PRESS RELEASE


                                   CONTACT:

CompX International Inc.                     Joseph S. Compofelice
200 Old Mill Road                            Chief Executive Officer
Mauldin, South Carolina 29662                (281) 423-3303



             COMPX ANNOUNCES CLOSING OF ITS INITIAL PUBLIC OFFERING



     MAULDIN, SOUTH CAROLINA ... March 11, 1998 ... CompX International Inc.
(NYSE: CIX) announced today the closing of its initial public offering of
5,980,000 shares of its Class A Common Stock at an initial offering price of $20
per share, including 780,000 shares sold pursuant to an over-allotment option,
through an underwriting group managed by Salomon Smith Barney.  All of the
shares are being sold by CompX and result in net proceeds to the Company of
approximately $111 million.

     CompX is a leading manufacturer of ergonomic computer support systems,
precision ball bearing drawer slides and locking systems.


                                   * * * * *





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