Standex Electronics – Custom-engineered solutions for tomorrow.
Standex Scientific – Specialty, medical-grade temperature-controlled equipment.
Standex Engraving – You experience our textures each day.
Engineering Technologies – Experts in metal fabrication.
Specialty Solutions – Custom Hoists, Federal Industries, Procon Products
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Standex at a Glance
Standex International Corporation is a diversified global manufacturing company operating in five segments which consist of our Electronics, Engraving, Engineering Technologies, Speciality Solutions, and Scientific divisions. The company’s market-leading manufacturing brands are recognized for quality and innovation.
Standex Strategy
It is our objective to invest in our higher growth and operating margin businesses through both organic initiatives and acquisitions. Organically, we seek to identify and implement growth initiatives such as new product development, geographic expansion, and the introduction of products and technologies into new markets and applications, key accounts and strategic sales channel partners. Inorganically, we look to add strategically aligned or “bolt on” acquisitions to strengthen these core businesses, creating both sales and cost synergies and accelerating their growth and margin improvement. We have a particular focus on identifying and investing in opportunities that complement our products and will increase the global presence and capabilities of our core businesses.
Operational Excellence
Standex is focused on generating strong operating leverage through a strict adherence to operational excellence across the organization. The company’s efforts include implementing continuous improvement initiatives to reduce costs and working capital; using Lean enterprise as a key implementation tool; leveraging operational synergies across and within business groups; and migrating manufacturing to lower-cost locations globally.
Organic Growth
Standex’s organic growth initiatives have been contributing positively to sales, and the company expects this success to continue to build. These organic growth initiatives include new customer programs and innovative new products as a result of the collaborative relationship between Standex and its customers. Standex also is growing sales organically by broadening its presence geographically in each business segment and by entering adjacent markets and cross selling within segments.