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

September 20, 1999
(Date of Report, date of earliest event reported)

COMPX INTERNATIONAL INC.
(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.)

16825 Northchase Drive, Suite 1200, Houston, Texas              77060
(Address of principal executive offices)                 (Zip Code)

(281) 423-3377
(Registrant's telephone number, including area code)

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

Item 5:        Other Events

On September 20, 1999, 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 September 20, 1999 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/ Andrew Louis
-----------------------------
Andrew Louis,
Secretary

Date:  September 20, 1999

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PRESS RELEASE

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FOR IMMEDIATE RELEASE:                             CONTACT:

CompX International Inc.                           Joseph S. Compofelice
16825 Northchase Drive                             Chairman, President & CEO
Houston, Texas 77060                               Tel.  281-423-3303

COMPX AGREES TO ACQUIRE MANUFACTURER OF DYNASLIDE(R)

HOUSTON,  TEXAS . . . September 20, 1999 . . . CompX  International  Inc. (NYSE:
CIX) announced that it has signed a definitive agreement to acquire the business
of Yinjoy Corporation and certain of its affiliates ("Yinjoy").  Yinjoy produces
the   Dynaslide(R)   line  of  precision  ball  bearing  drawer  slides  in  two
manufacturing  plants in Taipei,  Taiwan. The purchase price of $11.5 million in
cash  includes  all the assets and  operations  that  produce  the  Dynaslide(R)
products.

Yinjoy has been  producing  proprietary  ball bearing  drawer slides since 1986.
Substantially  all of their sales in the last several  years have been to office
furniture  customers in the United States and Europe.  The Dynaslide(R)  product
line is  complementary to CompX's  existing  Waterloo(TM) and Thomas  Regout(TM)
slide product brand names. CompX believes that Dynaslide(R) is one of the lowest
cost  producers of precision ball bearing drawer slides in the world and enables
CompX to offer  products  to its  customers  at the  low,  middle,  and high end
requirements of the market.

For the last two years,  Yinjoy's  historical sales and EBITDA have averaged $11
million and $3 million,  respectively.  The  transaction  will be financed  with
existing  cash at CompX.  The  transaction  is  scheduled to close by the end of
October  and is subject to certain  conditions,  including,  but not limited to,
regulatory matters,  continuing due diligence,  and a restructuring among Yinjoy
and its related affiliates.

Joseph S.  Compofelice,  Chairman and CEO of CompX,  stated "This acquisition is
far more  valuable to CompX than its size  suggests.  CompX now becomes the only
precision ball bearing slide producer with a low cost manufacturing  presence in
each of North  America,  Europe  and Asia.  In  addition,  we are the only slide
producer  that can also supply large office  furniture  customers a package that
includes locks and ergonomic products for the office. CompX believes that as its
largest slide  customers  focus on lowering the `total cost' of components,  the
breadth of the CompX  product line and its strong  balance  sheet put CompX in a
position of competitive advantage."

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

Statements in this release relating to matters that are not historical facts are
forward-looking  statements based on management's  belief and assumptions  using
currently available information.  Although the Company believes 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  a  number  of  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 include, but
are not limited to, general economic and political conditions, demand for office
furniture,  service industry employment levels, competitive products and prices,
the  introduction of tariff or non-tariff  barriers,  potential  difficulties in
integrating  completed  acquisitions,  possible  disruptions of normal  business
activity from Year 2000 issues and other risks and uncertainties detailed in the
Company's Security and Exchange Commission filings.  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 forecast or expected.  The Company  disclaims any duty to
publicly update such statements  whether as a result of new information,  future
events or otherwise.

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