Schlage® Expands Commercial Portfolio with New Performance Series™ Locks
Allegion (NYSE:ALLE) has launched its new Schlage® Performance Series™ Locks, expanding its commercial portfolio with three new lock series: PM Series mortise, PC Series cylindrical, and PT Series tubular locks.
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Rhea-AI Summary
Allegion (NYSE:ALLE) has launched its new Schlage® Performance Series™ Locks, expanding its commercial portfolio with three new lock series: PM Series mortise, PC Series cylindrical, and PT Series tubular locks. The launch addresses market demands for mid-tier solutions amid rising construction and operating costs.
The new product line features 23 mechanical and three electrified functions for mortise locks, eight mechanical functions for cylindrical locks, and four mechanical functions for tubular locks. The series includes new decorative levers and will offer ProExpress™ priority delivery for select products starting November 2025.
Positive
- Introduction of three new commercial lock series addressing mid-tier market demand
- ProExpress priority delivery option available for select products
- Wide range of functions and design options to serve various commercial applications
Negative
- None.
Details
News Market Reaction – ALLE
On Sep 25, the day this news came out, ALLE closed 1.35% below the previous close.
Data tracked by StockTitan Argus for the Sep 25 session.
AI-generated analysis. How Rhea-AI works. Not financial advice.
New purpose-built locks provide stylish and secure options for everyday commercial spaces
"With the Performance Series, property teams can outfit every door with hardware that works as hard as they do," said Nate Spitz, general manager, Locks & Access Solutions, Allegion. "This portfolio expansion helps customers match the right product to the right performance need and application – without sacrificing the quality you expect from Schlage."
Meeting Market Demand for Mid-Tier Solutions
Non-residential construction costs have increased approximately 44 percent since 2020, putting pressure on project budgets. At the same time, rising multifamily insurance and operating expenses further squeeze net operating income (NOI). In this environment, owners, facility teams and developers are prioritizing faster installs and protecting NOI without sacrificing the resident experience. Performance Series delivers fit-for-purpose performance, streamlined installation and ProExpress™ priority delivery for select mortise and cylindrical SKUs starting November 2025, helping teams hold schedule and budget.
One Family, Three Locks, and a Wide Range of Applications
- PM Series™ Grade 1 Mortise Locks – 23 mechanical and three electrified functions
- PC Series™ Grade 1 Cylindrical Locks – eight mechanical functions
- PT Series™ Grade 2 Tubular Locks – four mechanical functions
In addition to the in-demand levers and finishes offered, two new decorative levers—Selena (contoured, round concave) and Playa (bold, rectangular)—plus a square rose (D) on PM and PT Series can help create a cohesive look from lobby to unit.
See the Performance Series in action at Yankee Security Convention Booth #107 October 24-25 in
Learn more about the Performance Series or connect with an Allegion expert at commercial.schlage.com/performance.
About Allegion
At Allegion (NYSE: ALLE), we design and manufacture innovative security and access solutions that help keep people safe where they live, learn, work, and connect. We're pioneering safety with our strong legacy of brands like CISA®, Interflex®, LCN®, Schlage®, SimonsVoss®, Von Duprin®. Our comprehensive portfolio of hardware, software and electronic solutions is sold around the world and spans residential and commercial locks, door closer and exit devices, steel doors and frames, access control and workforce productivity systems. For more, visit www.allegion.com.
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SOURCE Allegion US
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