Standex International Corp - Company Profile
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Standex International Corp (Standex) is a diversified industrial product manufacturer. The company designs, engineers, and manufactures custom solutions and engineered components. Standex's major products and services include sensing and switching technologies, magnetic power conversion components, and assemblies. The company provides food service equipment including coolers and freezers, ovens, storage systems, rotisseries and cooking equipment, hot food countertop products and solid surface stonework. Standex also offers single-source customized solutions, reed switches, sensors, magnetic components, custom wound transformers and inductors, and pneumatic cylinders. The company's products serve original equipment manufacturers and industrial equipment manufacturers across industries such as electrification, security, military, medical, aerospace, and transportation. It operates in the US, Europe, Canada, China, India, Southeast Asia, Korea, Australia, Mexico, Brazil, and South Africa. Standex is headquartered in Salem, New Hampshire, the US.
Standex International Corp premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Foodservice Equipment | Standex |
| Meal Delivery Systems | American Foodservice |
| Food and Beverage Bars | APW Wyott |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Divestiture | In March, the company divested Federal Industries, its display merchandising business, to AeriTek, a manufacturer of commercial refrigeration and foodservice equipment. |
| 2025 | Acquisitions/Mergers/Takeovers | In February, the company acquired McStarlite Co. for US$56.5 million. |
| 2024 | Acquisitions/Mergers/Takeovers | In November, the company acquired Custom Biogenic Systems Inc. |
Competitor Comparison
| Key Parameters | Standex International Corp | Valeo SA | IDEX Corp | Crane NXT Co | Electrolux Home Products Inc. |
|---|---|---|---|---|---|
| Headquarters | United States of America | France | United States of America | United States of America | United States of America |
| City | Salem | Paris | Northbrook | Waltham | Martinez |
| State/Province | New Hampshire | Ile-de-France | Illinois | Massachusetts | Georgia |
| No. of Employees | 4,100 | 106,100 | 9,000 | 4,500 | - |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| David A. Dunbar | Chairman; Chief Executive Officer; President | Executive Board | 2016 | 63 |
| Ademir Sarcevic | Chief Financial Officer; Vice President; Treasurer | Senior Management | 2019 | 50 |
| Danielle Rangel | Vice President; Chief Accounting Officer | Senior Management | - | - |
| Vineet Kshirsagar | Vice President; Chief Strategy Officer | Senior Management | - | - |
| Max Arets | Vice President; Chief Information Officer | Senior Management | 2024 | 52 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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