Standex International (NYSE:SXI), based in Salem, NH, manufactures a variety of products and services for diverse market segments.
The Company has five reporting segments: Electronics Group, Engraving Group, Engineering Technologies Group, Hydraulics Group and Food Service Equipment Group.
The Company’s strategy is to drive growth and build larger industrial platforms by leveraging the combined strengths of our businesses to better penetrate current markets and to enter new geographic and vertical markets. Through our value creation system Standex will continue to acquire businesses that are synergistic with our current operating groups in order to create and sustain strong shareholder value.
The Company employs approximately 4,000 men and women throughout the U.S. and in several foreign countries. International locations include Australia, Brazil, Canada, China, Japan, Europe, Mexico, India, Turkey, South Africa, South Korea, Russia, Malaysia and Singapore.
Since its founding in 1955, Standex has become known for its ability to acquire and effectively manage superior companies in diverse markets. Standex’s diversification across multiple lines of business has enabled the Company to achieve earnings consistency throughout market and economic cycles.