Standex International Corporation is a diversified industrial manufacturer with leading positions in a variety of products and services used in diverse commercial and industrial markets. Headquartered in Salem New Hampshire the company serves customers worldwide through six operating segments that are aggregated into five reportable segments. The firm focuses on delivering custom solutions or engineered components that meet specific customer needs through its Customer…
Standex International Corporation is a diversified industrial manufacturer with leading positions in a variety of products and services used in diverse commercial and industrial markets. Headquartered in Salem New Hampshire the company serves customers worldwide through six operating segments that are aggregated into five reportable segments. The firm focuses on delivering custom solutions or engineered components that meet specific customer needs through its Customer Intimacy approach. Standex International Corporation was incorporated in 1975 and is the successor of a corporation organized in 1955. It has paid dividends each quarter since becoming a public company in November 1964.
The company generates revenue by designing manufacturing and selling engineered components and custom solutions across its five reportable segments. Its Electronics segment provides sensing and switching devices transformers and magnetic power conversion products. Engineering Technologies supplies metal formed components for aerospace defense energy and medical applications. Scientific offers temperature controlled equipment such as freezers refrigerators and environmental chambers for medical and laboratory markets. Engraving creates custom textures and surface finishes on tooling for consumer goods and automotive products. Specialty Solutions includes merchandising display cases for food service and hydraulic cylinders for construction and refuse markets. Customers range from original equipment manufacturers and industrial firms to distributors hospitals laboratories and food service operators.
The company operates through the following segments: Electronics Engineering Technologies Scientific Engraving and Specialty Solutions.
• Electronics The Electronics group is a global component and value added solutions provider of sensing and switching technologies high precision instrument transformers and high reliability magnetic power conversion and measurement components and assemblies. It designs engineers and manufactures innovative solutions components and assemblies to solve customer application needs through a Partner Solve Deliver approach. Components are manufactured in plants located in the United States Mexico the United Kingdom Germany Japan China and India. Markets served include appliances electrification (electric vehicles solar smart grid alternative energy) medical aerospace test and measurement power distribution security general industrial and transportation. The business sells globally to a wide variety of mainly OEM customers through a direct sales force regional sales managers field applications engineers commissioned agents representative groups and distribution channels.
• Engineering Technologies The Engineering Technologies Group provides innovative metal formed solutions for OEM and Tier 1 manufacturers for use in advanced engineering designs. It addresses customer design challenges such as reduction of input weight material cost part count and complexity involving all formable materials with focus on challenge geometries large thickness to thin wall construction and single piece construction requirements. It combines best in class forming technologies technical experience vertically integrated manufacturing processes and group wide technical and design expertise. The segment intends to grow sales and product offerings by investing in advancements in current and new technologies and identifying new cutting edge solutions for these capabilities in existing and adjacent markets via customer and research collaboration. The segment comprises Spincraft facilities in Billerica Massachusetts New Berlin Wisconsin and Newcastle upon Tyne in the United Kingdom and the McStarlite facility in Harbor City California. Engineering Technologies products serve applications within space aviation defense energy medical and general industrial markets. Products are sold under the Spincraft and McStarlite brands. Components are sold directly to large space aviation defense energy and medical companies or to suppliers to those companies.
• Scientific The Scientific business specializes in providing specialty temperature controlled equipment for the medical scientific pharmaceutical biotech and industrial markets. Products are designed and produced in Summerville South Carolina and Bruce Township Michigan. The focus is on solving customer problems for critical applications delivering innovative products and solutions that meet stringent regulatory requirements and unique customer needs. Product offerings include laboratory and medical grade refrigerators freezers and accessories cryogenic storage tanks and accessories blood bank refrigerators and plasma freezers benchtop and high capacity controller rate freezers ultra low temperature freezers and environmental stability chambers and incubators. Products are sold under various brands including American BioTech Supply Lab Research Products Corepoint Cryosafe CryoGuard and Custom Biogenic Systems. Scientific products are sold to medical and laboratory distributors healthcare facilities research universities pharmaceutical and biotech companies pharmacies and industrial facilities.
• Engraving The Engraving group is a global creator and provider of custom textures and surface finishes on tooling that enhance the beauty and function of a wide range of consumer good and automotive products as well as production of specialized differentiated parts requiring its unique capabilities. It focuses on meeting the needs of a changing marketplace by offering experienced craftsmanship while investing in new technologies such as laser engraving and soft surface skin texturized tooling. The growth strategy is to continue to develop and or acquire technologies to enhance surface textures that also allow customers to introduce more sustainable manufacturing processes and reduce their own energy consumption. The company operates as one entity with global reach using a consistent approach to guarantee harmony on global programs to serve its customers. Standex Engraving Mold Tech has become the global leader in its industry by offering a full range of services to OEMs Tier 1 suppliers mold makers and product designers. These services include design of bespoke textures verification of texture on a prototype engraving a mold enhancing and polishing it and offering on site try out support with ongoing tool maintenance and texture repair capabilities. In addition the group also produces soft trim tooling such as in mold graining and nickel shells as well as production of specialized parts requiring deep knowledge of the soft trim manufacturing process. In addition to the Mold Tech brand Engraving companies and brands also include Piazza Rosa and World Client Services which both offer laser engraving and tool finishing in Europe and Mexico Tenibac Graphion which provides additional texturizing and prototyping capabilities in North America and China GS Engineering which employs advanced processes and technology to rapidly produce molds for the creation of soft touch surfaces and Innovent which is a specialized supplier of tools and machines used to produce diapers and products that contain absorbent materials between layers of non woven fabric. Texturing is achieved with either a laser or a chemical etching technique Laser Engraving offers superior features such as multiple gloss levels the elimination of paint and optimized scratch performance and sharp definition for precise geometric patterns Chemical Engraving produces carefully designed textures and finishes without seams or distortion. Digital Transfer Technology offers an exclusive service which guarantees consistency pattern integrity and texture harmony around the world. Architexture Design Studio uses proprietary technology called Model Tech which utilizes proven expertise to create and test custom textures. Tooling Performance services include the enhancement finishing and repair of a tool to improve its use during manufacturing. Soft Trim Tooling and nickel shell molds are used to produce soft surfaces that emulate the feel of natural materials. The IMG process we support consumes significantly less energy in our customers operations than the traditional slush molding process. The Engraving business has become the global leader providing these products and services by offering a full range of services to automotive OEMs product designers Tier 1 suppliers and toolmakers all around the world.
• Specialty Solutions Specialty Solutions is comprised of two businesses Federal Industries and Custom Hoists. These businesses differentiate themselves in their respective markets by collaborating with customers to develop and deliver custom solutions. Federal Industries provides merchandising solutions to retail and food service customers whose revenue stream is enhanced through food presentation It focuses on the challenges of enabling retail and food service establishments to provide food and beverages that are fresh and appealing while also providing for food safety and energy efficiency Its key differentiator is the ability to customize products to meet customer needs within industry standard lead times This differentiator is used to target the convenience store school cafeterias and quick service restaurant segments. Custom Hoists is a supplier of engineered hydraulic cylinders that meet customer specific requirements for demanding applications Its engineering expertise coupled with broad manufacturing capabilities and responsiveness to customer needs drives top line growth opportunities The company leverages its full line of products for the construction markets in dump truck and trailer applications and deep expertise in the refuse market to expand into new adjacent markets targeting the most challenging custom applications Flexible design capability a global supply chain and speed to market enable success in growing the business The team is dedicated to superior customer service through technical engineering support and on time delivery. Specialty Solutions products are designed and or manufactured in Hayesville Ohio Belleville Wisconsin and Tianjin China. Federal Industries custom designs and manufactures refrigerated heated and dry merchandising display cases for bakery deli confectionary and packaged food products utilized in restaurants convenience stores quick service restaurants supermarkets drug stores and institutions such as hotels hospitals and school cafeterias. Custom Hoist products are utilized by OEMs on vehicles such as dump trucks dump trailers bottom dumps garbage trucks both recycling and rear loader container roll off vehicles hook lift trucks liquid waste handlers vacuum trucks compactors balers airport catering vehicles container handling equipment for airlines lift trucks yard tractors and underground mining vehicles. Federal Industries products are sold under the Federal brand Custom Hoists products are sold under the Custom Hoist brand. Federal Industries offers a selection of display cases including innovative customization for fresh food merchandising requirements Custom Hoists designs and manufactures single and double acting telescopic and piston rod hydraulic cylinders for original and aftermarket use in construction equipment refuse airline support mining oil and gas and other material handling applications. Specialty Solutions products are sold to OEMs distributors service organizations aftermarket repair outlets end users dealers buying groups consultants government agencies and manufacturers.
Standex International Corporation holds a strong position in several niche markets where its products are recognized for reliability and technical performance. Many of its product lines enjoy leadership status due to deep application knowledge and long standing customer relationships. The company faces competition from both domestic and foreign manufacturers that offer similar engineered components and custom solutions. Competitive pressures arise from factors such as technical expertise product performance pricing delivery timeliness and service quality. Standex differentiates itself through its Customer Intimacy approach which aligns its engineering teams closely with customer development processes to deliver tailored solutions. This focus on collaboration and responsiveness helps the firm win repeat business and sustain long term partnerships.
The company serves a diverse set of customers that primarily consist of original equipment manufacturers and industrial firms across multiple sectors. In the Electronics segment sales are directed to OEMs in appliances electrification medical aerospace and general industrial markets. Engineering Technologies sells to large aerospace defense energy and medical companies as well as to their suppliers. Scientific products are purchased by hospitals laboratories research universities and pharmaceutical and biotech companies. Engraving provides services to automotive OEMs product designers Tier 1 suppliers and toolmakers worldwide. Specialty Solutions reaches food service retailers convenience stores and quick service operators through its merchandising division and construction refuse and mining companies through its hydraulic cylinder business.
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Sector: Industrials Industry: Specialty Industrial Machinery CIK: 0000310354