Standex International (NYSE:SXI), based in Salem, New Hampshire, manufactures a variety of products and services for diverse market segments. The Company has 12 operating units, organized into five reporting segments: Food Service Equipment Group, Air Distribution Products Group, Engraving Group, Hydraulics Products Group and Engineered Products Group.
Through the Company’s “Focused Diversity” strategy, Standex plans to leverage the combined strengths of its businesses to better penetrate current markets and to enter new geographic and vertical markets. Standex also will continue to acquire businesses that are synergistic with its current operating groups, and that can quickly contribute to profitability.
The Company employs approximately 5,500 men and women throughout the U.S. and several foreign countries. International locations include Australia, Brazil, Canada, China, Europe, Mexico 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.
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