Standex International Corp - Company Profile
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Business Description
Standex International Corp (Standex) is a diversified industrial manufacturer with leading positions in various products and services used in diverse commercial and industrial markets. Standex operates across a wide range of businesses including food service equipment, air distribution, engineering technologies, and electronic and hydraulic products. Standex operates manufacturing centers in the U.S., Mexico, the U.K., Germany, Japan, China, and India.
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R&D Overview
Standex focuses on developing and designing new products to meet customer needs, offering enhanced products, and providing customized solutions. The company aims to grow sales and product offerings by investing in advancements in current and new technologies and identifying new cutting-edge solutions in existing and adjacent markets through customer and research collaboration. Standex continues to drive success by developing new and improved products, broadening the application of established products, and improving methods, processes, and equipment. The R&D unit of Standex are responsible for developing and designing new products to meet customer needs, offering enhanced products, and providing customized solutions. The unit play a crucial role in broadening the application of established products and improving the company's methods, processes, and equipment. In the FY2025, the company allocated US$21.2 million towards its R&D efforts, which represented 2.7% of its revenue and reflected a YoY growth of 3%.
Business Segments
Overview
-Offers magnetic sensing and power conversion components and assemblies. Products include reed switches, toroids and relays, electrical connectors, sensors, fixed and variable inductors, electronic assemblies, fluid sensors, tunable inductors, transformers, magnetic components, and Meder electronics. -Key brands include Standex-Meder Electronics, Northlake Engineering, the MEDER, KENT, KOFU, and others. The segment focuses on customer intimacy by designing and manufacturing innovative solutions, expanding through organic growth, geographic expansion, and strategic acquisitions.
Performance
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Overview
Offers turnkey metal-formed solutions. The products include fuel tanks, tank domes, crew vehicle structures, air intake lipskins, and others. -Serves customers in the aviation, defense, energy, and medical industries. The strategy is to invest in technology advancements and identify new solutions in existing and adjacent markets through customer and research collaboration.
Performance
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Overview
-Offers surface finishes and textures. The products and services include laser engraving, chemical engraving, architecture design studio, tool enhancement, tool finishing, and Nickel Shell Molds. -Serves Original Equipment Manufacturers (OEM), toolmakers, and others. The segment aims to grow sales and product offerings by investing in advancements in current and new technologies and identifying new solutions through customer and research collaboration.
Performance
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Overview
-Provides specialty temperature-controlled equipment for the medical, pharmaceutical, scientific, biotech, and industrial markets -Serves medical and laboratory distributors, research universities, healthcare facilities, pharmaceutical companies, and pharmacies. Brands include Lab Research Products (LRP), American BioTech Supply (ABS), Cryosafe, and CryoGuard. The segment aims to leverage acquisitions and productivity initiatives to counteract organic declines and funding cuts.
Performance
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Overview
-It is an aggregation of our Federal, Procon, and Hydraulics operating segments -Serves products to Original Equipment Manufacturer (OEMs), distributors, service organizations, buying groups, consultants, aftermarket repair outlets, end-users, dealers, government agencies, and manufacturers. Focuses on addressing market softness and industry challenges, particularly in Display Merchandising and Hydraulics, while improving operating performance.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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