IDEX Corp - Company Profile
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Business Description
IDEX Corp (IDEX) is a provider of applied solutions. The company serves niche markets, and its portfolio of products includes pumps, flow meters and other fluidic systems and components and engineered products. The company provides its services to various markets including chemical, food and process, life sciences, pharmaceuticals, water and wastewater, agriculture, civil infrastructure, civil defense, semiconductor, and specialty retail and hardware stores.
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R&D Overview
Idex invests in R&D solutions to bolster its product portfolio and focuses on acquisitions that aid its product lines. The company provides leading metering technology and flow monitoring products and underground surveillance services for the water and wastewater markets and pumps and dispensing equipment for industrial laundries. It also offers technologically superior metering pumps, special-purpose rotary pumps, peristaltic pumps, and fully integrated pump and metering systems. The company's optics and photonics technology platform helps it in augmenting its existing portfolio. IDEX is a leading provider of optics used in biotechnology, semi-conductor, analytical instrumentation, chemical, industrial and military/defense applications. In FY2022, it spent US$61.4 million on R&D, which as a percentage of revenue, stood at 1.9% and grew 22.6% YoY.
Business Segments
Overview
Offers products such as firefighting pumps, valves, controls, rescue tools, lifting bags, and other components and systems related to the fire and rescue industry. Provides engineered stainless steel bands and clamping devices and precision equipment for dispensing, mixing and metering colorants and paints for use in retail and commercial businesses. Comprises three reporting units, namely Fire and Safety, Dispensing, and BAND-IT. Major brands include Akron Brass, AWG Fitting, Class 1, Godiva, Hale, Weldon, Hurst Jaws Of Life, Dinglee, Vetter, Lukas, and BAND-IT, among others.
Performance
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Overview
Designs, manufactures, and markets positive displacement pumps, flow meters, valves, injectors, and fluid-handling pump modules. Also provides flow monitoring and related services for chemical, food and pharma, general industrial, water and wastewater, semiconductor, automotive, agricultural energy, and other industries. Reporting units include pumps, water, energy, agriculture, and valves. Major brands associated with the reporting units include Viking, Warren Rupp, ABEL, ADS, AFS Banjo, iPEK, Trebor, and Pulsafeeder, among others.
Performance
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Overview
Designs, manufactures, and distributes centrifugal and positive displacement pumps, rotary lobe pumps, precision fluidics, roll compaction and drying systems, pneumatic components and sealing solutions, hygienic mixers and valves, biocompatible medical devices, air compressors, optical components, laboratory equipment, photonic solutions, precision gears, and peristaltic pump technologies. Divided into five reporting units, namely Scientific Fluidics & Optics, Sealing Solutions, Performance Pneumatic Technologies, Material Processing Technologies and Micropump. Products find application in automotive, medical and dental, energy, aerospace and defense, life sciences, analytical instruments, food and pharma, general industrial, semiconductor, and other industrial end-users. Major brands include Microfluidics, Fitzpatrick, Quadro, Gast, Airtech, FTL Seals Technology, SFC Koenig, and Velcora.
Performance
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Geographical Segments
Target Markets
India, China and Others
Performance
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Target Markets
Germany, the UK and the Netherlands
Performance
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Performance
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Performance
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Performance
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