UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

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

Date of Report (Date of the earliest event reported)
December 22, 2004
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CompX International Inc.
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(Exact name of Registrant as specified in its charter)

Delaware                       1-13905                     57-0981653
-------------------            ------------------             -----------------
(State or other                 (Commission                  (IRS Employer
jurisdiction of                 File Number)                 Identification
incorporation)                                                     No.)

5430 LBJ Freeway, Suite 1700, Dallas, Texas                     75240-2697
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(Address of principal executive offices)                      (Zip Code)

(972) 448-1400
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(Registrant's telephone number, including area code)

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

Check  the  appropriate  box  below  if the  Form  8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2):

[   ]    Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)

[   ]    Soliciting material pursuant to Rule 14a-12  under  the Exchange Act
(17 CFR 240.14a-12)

[   ]    Pre-commencement communications pursuant to  Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))

[   ]    Pre-commencement communications pursuant to Rule 13e-4(c) under  the
Exchange Act (17 CFR 240.13e-4(c))

Item 2.05      Cost Associated with Exit or Disposal Activities.
Item 2.06      Material Impairments.

As previously  reported,  the registrant has for some time been  evaluating
the  strategic  role of its Thomas Regout  operations  in Europe,  including the
possible sale of some or all of such  operations.  As of December 22, 2004,  the
registrant's  board of  directors  committed to a formal plan to dispose of such
operations.  As a result,  the  registrant  anticipates it will incur a non-cash
charge of approximately $14 million in the fourth quarter of 2004,  representing
an impairment of goodwill  associated  with such  operations,  to write-down its
investment in these operations to its estimated realizable value. The registrant
currently expects to close the sale of the operations in 2005.

As  provided  by the  safe  harbor  provisions  of the  Private  Securities
Litigation  Reform Act of 1995, the  registrant  cautions that the statements in
this  Current  Report on Form 8-K  relating to matters  that are not  historical
facts are  forward-looking  statements that represent  management's  beliefs and
assumptions based on currently available information. Forward-looking statements
can be  identified  by the use of words such as  "believes,"  "intends,"  "may,"
"should," "anticipates," "expects" or comparable terminology,  or by discussions
of strategies or trends.  Although the registrant believes that the expectations
reflected in such forward-looking  statements are reasonable, it cannot give any
assurances that these expectations will prove to be correct.  Such statements by
their  nature   involve   substantial   risks  and   uncertainties   that  could
significantly  impact expected  results,  and actual future results could differ
materially from those described in such  forward-looking  statements.  Among the
factors  that could cause actual  future  results to differ  materially  are the
risks and  uncertainties  discussed in this Current  Report and those  described
from time to time in the registrant's other filings with the U.S. Securities and
Exchange Commission, including but not limited to:

o    the  inability of the  registrant to come to an agreement on the terms
of the sale of the Thomas Regout operations; and

o    the inability of a purchaser to obtain the necessary funds to purchase
the Thomas Regout operations.

Should one or more of these risks  materialize  (or the  consequences  of such a
development worsen) or should the underlying assumptions prove incorrect, actual
results  could  differ  materially  from  those  forecasted  or  expected.   The
registrant  disclaims any  intention or obligation to update  publicly or revise
such  statements  whether  as a result  of new  information,  future  events  or
otherwise.

Item 7.01      Regulation FD Disclosure.

The  registrant  hereby  furnishes the  information  set forth in its press
release  issued on December  29,  2004,  a copy of which is  attached  hereto as
Exhibit 99.1 and incorporated herein by reference.

The information, including the exhibit, the registrant furnishes under this
item is not deemed "filed" for purposes of section 18 of the Securities Exchange
Act of 1934,  as  amended,  or  otherwise  subject  to the  liabilities  of that
section.  Registration  statements or other  documents filed with the Securities
and Exchange  Commission  shall not incorporate  this  information by reference,
except as otherwise expressly stated in such filing.

Item 9.01      Financial Statements and Exhibits.

(c) Exhibits.

Item No.       Exhibit Index
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99.1          Press Release dated December 29, 2004 issued by the
registrant.

SIGNATURE

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/ A. Andrew R. Louis
----------------------------
A. Andrew R.
Louis Secretary

Date:  December 29, 2004

INDEX TO EXHIBITS

Exhibit No.      Description
-----------      --------------------------------------------------
99.1             Press Release dated December 29, 2005 issued by the registrant.

[LOGO GOES HERE)

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PRESS RELEASE

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FOR IMMEDIATE RELEASE:                                 CONTACT:

CompX International Inc.                               David A. Bowers
Three Lincoln Centre                                   Chief Executive Officer
5430 LBJ Freeway, Suite 1700                           Tel.:  864.286.1122
Dallas, Texas   75240-2697

COMPX COMMITS TO DISPOSING OF ITS EUROPEAN BUSINESS

DALLAS, TEXAS . . . December 29, 2004 . . . CompX International Inc. (NYSE:
CIX) announced  today that its board of directors has approved a plan to dispose
of its Thomas Regout  operations in Europe.  As a result,  CompX  anticipates it
will incur a charge of  approximately  $14 million in the fourth quarter of 2004
to write-down its investment in Thomas Regout to its estimated realizable value.

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

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