Nordson Corp (NASDAQ: NDSN)

Nordson Corporation is an innovative precision technology company that engineers, manufactures and markets differentiated products and systems for precision dispensing, applying and controlling adhesives, coatings, polymers, sealants, biomaterials and other fluids. The company serves a wide variety of end markets including packaging, electronics, medical, appliances, energy, transportation, precision agriculture, building and construction and general product assembly and finishing. Nordson supports its products with extensive application expertise and direct global sales and service operations.

Nordson generates revenue by selling precision dispensing and fluid control systems, testing and inspection equipment, and surface treatment solutions to industrial and medical customers worldwide. The company markets its products primarily through a direct sales force and qualified distributors and sales representatives in more than 35 countries. Approximately 67 percent of Nordson's revenues were generated outside the United States in 2025.

The company operates through the following segments: Industrial Precision Solutions, Medical and Fluid Solutions and Advanced Technology Solutions.

• Industrial Precision Solutions: This segment delivers proprietary dispensing and material processing technology to diverse end markets such as consumer durables, non-durables, industrial, agriculture and automotive. Product line specific solutions enhance product quality and appearance while increasing line efficiency and reducing material consumption. Technologies are used for dispensing adhesives, coatings, sealants, liquids and other materials as well as processing of polymers. The segment includes key strategic product lines such as Industrial Coatings, Nonwovens, Packaging, Polymer Processing, Precision Agriculture and Product Assembly. Key strategic markets for these product lines include beverage containers and food cans, electric batteries, appliances, automotive, building and construction, composites, electronics, medical, flexible packaging, transportation and aerospace.

• Medical and Fluid Solutions: This segment includes components and device solutions for medical, life science, high-tech industrial and other diverse end markets. Engineered Fluid Solutions provides precision manual and semi-automated dispensers and highly engineered single-use plastic molded syringes, cartridges, tips and fluid connection components used in critical medical and industrial production processes. Medical Interventional Solutions offers interventional solutions for minimally invasive surgical procedures including engineered shafts, interventional delivery systems, medical tubing, balloons, balloon inflators, nitinol devices, cardiovascular cannula and biomaterial delivery. Medical Fluid Components provides proprietary single-use plastic components for drug delivery and needle-free infusion valves, single-use fluid transfer components and other related components. Surgical Solutions includes microplegia myocardial protection devices and related consumables used in cardiac surgical procedures. Key strategic markets for this segment include cardiovascular, structural heart, neurovascular, gastroenterology, drug infusion, IV and drug delivery, patient care, surgical and biopharma.

• Advanced Technology Solutions: This segment integrates proprietary product technologies into the progressive stages of a customer's production processes such as surface treatment, precisely controlled dispensing of material and pre- and post-dispense test and inspection to ensure quality. It predominantly serves customers in the semiconductor and electronics end markets. Electronics Dispense Systems provides automated dispensing systems for high-speed precise application of attachment, protection and coating fluids and related gas plasma treatment systems for cleaning and conditioning surfaces prior to dispense. Test and Inspection includes destructive and non-destructing testing technologies such as bond testers and automated optical, acoustic microscopy and x-ray inspection systems used in the semiconductor and printed circuit board industries. Products also include precision measurement and control technologies that ensure quality and reliability through in-line measurement sensors, gauges and analyzers using near-infrared, laser, x-ray, optical and nucleonic technologies as well as proprietary algorithms and software. Key strategic end markets include semiconductor packaging, printed circuit boards, flexible circuits, consumer electronics, film extrusion and converting, cable and tubing and energy storage.

Nordson maintains a leadership position in its business segments by delivering high-quality innovative products and technologies backed by global service and technical support. The company competes with many large well-established manufacturers and service providers in a competitive global marketplace. Its competitive advantages include a worldwide network of direct sales and technical resources, deep application expertise and a strong culture of innovation driven by the Nordson Business System Next growth framework and Winning Teams talent strategy.

Nordson serves a broad customer base across multiple industries and geographic regions. In 2025, no single customer accounted for ten percent or more of the company's sales. The company's customers include manufacturers in packaging, electronics, medical devices, appliances, automotive, agriculture, building and construction and general product assembly and finishing industries.