Allegion announced on September 25, 2025 that it is launching the Schlage® Performance Series™ Locks, a new line of mid‑tier commercial and multifamily lock solutions. The series includes PM Series mortise locks, PC Series cylindrical locks, and PT Series tubular locks, all available to order immediately from the company’s commercial sales channels.
The Performance Series is designed to deliver fit‑for‑purpose performance with streamlined installation and ProExpress priority delivery for select mortise and cylindrical SKUs beginning in November 2025. The line also introduces new decorative levers—Selena (contoured, round concave), Playa (bold, rectangular)—and a square rose (D) finish, allowing property teams to match hardware aesthetics from lobby to unit without sacrificing quality.
Construction costs for non‑residential projects have risen roughly 44 % since 2020, tightening budgets and increasing pressure on net operating income. By offering a cost‑effective, high‑quality lock solution that can be installed quickly, Allegion is addressing a clear market need for mid‑tier hardware that balances performance, affordability, and speed of deployment.
This product launch expands Allegion’s commercial portfolio, strengthens its position in the institutional and multifamily segments, and provides a new revenue stream that aligns with the company’s strategy of delivering specification‑driven, high‑margin solutions. The announcement’s specific product details, availability dates, and market context make it a material operational milestone for the company.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.