Standex International Corporation (SXI) is a multi-industry manufacturer with a global presence, engaged in the provision of various products and services to diverse consumer needs. Founded in 1975 and headquartered in Salem, New Hampshire, USA, the company operates under five segments: Electronics, Engraving, Engineering Technologies, Hydraulics, and Food Service Equipment.
Standex Electronics is a global unit that designs, develops, and manufactures standard and custom electromagnetic components, including magnetics products and reed switch-based solutions. The solutions aim at improving safety, efficiency and reliability for various applications in industries such as Automotive, HVAC, and Medical.
The Engraving segment offers a suite of manufacturing solutions, including mold texturing, tooling, and other surface finishing solutions. These services are leveraged in various industries including automotive, cosmetics, home appliances and others. The segment has a significant presence throughout North America, South America, Europe, and Asia.
The Engineering Technologies segment provides innovative solutions in terms of single-source, customized design and fabrications for the aerospace, aviation, defense, energy, medical, and general industrial markets.
Standex's Hydraulics segment focuses on manufacturing and selling mobile hydraulic cylinders and assemblies which are frequently used in construction and material handling equipment.
The Food Service Equipment segment, with leading brands like Master-Bilt and Nor-Lake, provides an assortment of commercial food service equipment such as cooking and warming equipment, display cases, coolers, freezers, and self-contained refrigeration units. These robust and reliable offerings are designed to help the retailers keep food fresher, longer, thereby boosting their profitability.
Standex's financial structure is solid and has been characterized by a steady increase in revenue through organic growth and acquisition strategy. The company's commitment to innovation, quality, and customer service has helped secure its place in the markets it serves. Standex's mission is to grow its business through a disciplined approach to acquisitions and ongoing development and expansion of its existing businesses.
Overall, Standex International Corporation is not just a manufacturer but also an important problem solver that comprehends the complexity of quality, delivery, and value. It continually strives to provide its customers with world-class products and service that can help them succeed in their respective industries.