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Standex International 
Food & nutrition / Food service equipment
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Standex International is a global manufacturing company that produces a wide range of products for various industries such as food service, healthcare, electronics, and transportation. The company was founded in 1955 and is headquartered in Salem, New Hampshire.
Standex operates through five business segments: Food Service Equipment, Engraving, Engineering Technologies, Electronics, and Hydraulics. Some of their popular brands include APW Wyott, Master-Bilt, Ultrafryer, Advanced Antivibration Components (AAC), and Spincraft.
The company employs over 5,000 people worldwide and has operations in North America, Europe, Asia, and Australia. Standex is publicly traded on the New York Stock Exchange under the symbol SXI.
Standex has a strong commitment to innovation and continually invests in research and development to improve their products and processes. They also prioritize sustainability and have implemented various initiatives to reduce their environmental impact.
Overall, Standex is a well-established and diverse company with a global presence in multiple industries.
Standex operates through five business segments: Food Service Equipment, Engraving, Engineering Technologies, Electronics, and Hydraulics. Some of their popular brands include APW Wyott, Master-Bilt, Ultrafryer, Advanced Antivibration Components (AAC), and Spincraft.
The company employs over 5,000 people worldwide and has operations in North America, Europe, Asia, and Australia. Standex is publicly traded on the New York Stock Exchange under the symbol SXI.
Standex has a strong commitment to innovation and continually invests in research and development to improve their products and processes. They also prioritize sustainability and have implemented various initiatives to reduce their environmental impact.
Overall, Standex is a well-established and diverse company with a global presence in multiple industries.
What is special about the company?
1. Range of Diverse Markets: Standex International has a wide range of diverse markets that it serves, including aerospace, foodservice, electronics, and industrial sectors. This allows the company to have multiple revenue streams and reduces the risk of overdependence on one particular market.
2. Global Presence: Standex International has a global presence with operations in 18 countries, allowing it to reach a larger customer base and tap into new markets. This also provides the company with a strategic advantage in terms of production, distribution, and procurement.
3. Reputation for Quality and Innovation: The company has a strong reputation for producing high-quality products and has a culture of innovation. This has helped Standex International stay ahead of its competitors and maintain a loyal customer base.
4. Diversified Product Portfolio: Standex International offers a diverse range of products, including foodservice equipment, engineered products, and electronic components. This diversity allows the company to cater to the needs of various industries and protects it from market fluctuations.
5. Strong Financial Performance: Standex International has a track record of strong financial performance, with consistent revenue growth and profitability. This stability provides confidence to investors and stakeholders in the company.
6. Commitment to Corporate Social Responsibility: Standex International is committed to corporate social responsibility and has implemented sustainable and ethical practices in its operations. This includes reducing carbon footprint, ensuring workplace safety, and promoting diversity and inclusion.
7. Experienced Leadership: The company has a strong leadership team with years of experience in the industry. Their expertise and strategic vision have helped Standex International navigate through various market challenges and drive growth.
8. Emphasis on Technology: Standex International places high importance on technology and continuously invests in research and development. This allows the company to stay innovative, improve efficiency, and introduce new and improved products to the market.
2. Global Presence: Standex International has a global presence with operations in 18 countries, allowing it to reach a larger customer base and tap into new markets. This also provides the company with a strategic advantage in terms of production, distribution, and procurement.
3. Reputation for Quality and Innovation: The company has a strong reputation for producing high-quality products and has a culture of innovation. This has helped Standex International stay ahead of its competitors and maintain a loyal customer base.
4. Diversified Product Portfolio: Standex International offers a diverse range of products, including foodservice equipment, engineered products, and electronic components. This diversity allows the company to cater to the needs of various industries and protects it from market fluctuations.
5. Strong Financial Performance: Standex International has a track record of strong financial performance, with consistent revenue growth and profitability. This stability provides confidence to investors and stakeholders in the company.
6. Commitment to Corporate Social Responsibility: Standex International is committed to corporate social responsibility and has implemented sustainable and ethical practices in its operations. This includes reducing carbon footprint, ensuring workplace safety, and promoting diversity and inclusion.
7. Experienced Leadership: The company has a strong leadership team with years of experience in the industry. Their expertise and strategic vision have helped Standex International navigate through various market challenges and drive growth.
8. Emphasis on Technology: Standex International places high importance on technology and continuously invests in research and development. This allows the company to stay innovative, improve efficiency, and introduce new and improved products to the market.
What the company's business model?
The Standex International company's business model is based on operating a diverse portfolio of businesses in various industries. The company operates through several segments, including Food Service Equipment, Engraving, Engineering Technologies, Electronics, Hydraulics, and Specialty Solutions. Each segment focuses on providing specialized products and services to different markets.
The company's business model primarily involves designing, manufacturing, and selling a wide range of products in each segment. Standex's products include food service equipment, air distribution systems, custom injection molding, engraving tools, aerospace and defense components, electronic components, and industrial machinery. The company also offers customized solutions and services to clients, such as design and engineering, prototyping, and technical support.
In addition to its product offerings, Standex also focuses on expanding and strengthening its global presence through strategic acquisitions and partnerships. This allows the company to leverage the expertise and resources of other companies and expand its reach in different regions.
Standex's business model also places a strong emphasis on innovation and research and development, allowing the company to continuously improve its products and services and stay ahead of competitors. This, combined with a focus on operational excellence and cost control, helps the company maintain its profitability and growth.
Finally, Standex also prioritizes sustainability and corporate social responsibility in its business model, aiming to minimize its environmental impact and contribute positively to the communities where it operates. This approach helps to enhance the company's reputation and attract socially conscious customers and investors.
Overall, Standex's business model is built on a combination of diverse product offerings, global expansion, innovation, and sustainability, with a focus on delivering value to its customers and stakeholders.
The company's business model primarily involves designing, manufacturing, and selling a wide range of products in each segment. Standex's products include food service equipment, air distribution systems, custom injection molding, engraving tools, aerospace and defense components, electronic components, and industrial machinery. The company also offers customized solutions and services to clients, such as design and engineering, prototyping, and technical support.
In addition to its product offerings, Standex also focuses on expanding and strengthening its global presence through strategic acquisitions and partnerships. This allows the company to leverage the expertise and resources of other companies and expand its reach in different regions.
Standex's business model also places a strong emphasis on innovation and research and development, allowing the company to continuously improve its products and services and stay ahead of competitors. This, combined with a focus on operational excellence and cost control, helps the company maintain its profitability and growth.
Finally, Standex also prioritizes sustainability and corporate social responsibility in its business model, aiming to minimize its environmental impact and contribute positively to the communities where it operates. This approach helps to enhance the company's reputation and attract socially conscious customers and investors.
Overall, Standex's business model is built on a combination of diverse product offerings, global expansion, innovation, and sustainability, with a focus on delivering value to its customers and stakeholders.
Interesting facts about the company
1. Standex International is a global multi-industry company that designs and manufactures a wide range of products for various industries including foodservice, commercial and industrial products, and engineering technologies.
2. The company was founded in 1955 and was originally named Standard Exchange Company. It was initially a distributor of refrigeration and air conditioning components.
3. Standex International went public in 1964 and began expanding into new markets and acquiring other companies in the 1970s and 1980s.
4. In the 1990s, Standex International divested its air conditioning business and shifted its focus to its remaining segments: foodservice, engraving, and engineered products.
5. The company’s foodservice segment, which includes refrigerated display cases, cooking and warming equipment, and beverage dispensing systems, is a leading provider of equipment for restaurants, convenience stores, and retailers.
6. Standex International’s engraving segment produces embossing rolls, plates, and cylinders used in paper, plastic, and foil production as well as gravure printing plates used in the packaging and label industries.
7. The company’s engineered products segment provides engineered components and assemblies for a variety of industries including aerospace, automotive, medical, and telecommunications.
8. Standex International has a strong global presence with 11 manufacturing facilities and over 50 sales offices located in 18 countries.
9. In 2019, the company reported total revenue of $775 million and had approximately 5,000 employees worldwide.
10. Standex International has a strong commitment to corporate social responsibility and sustainability, with initiatives in place to reduce energy consumption, minimize waste, and promote diversity and inclusion within the company.
See Company Due Diligence:
2. The company was founded in 1955 and was originally named Standard Exchange Company. It was initially a distributor of refrigeration and air conditioning components.
3. Standex International went public in 1964 and began expanding into new markets and acquiring other companies in the 1970s and 1980s.
4. In the 1990s, Standex International divested its air conditioning business and shifted its focus to its remaining segments: foodservice, engraving, and engineered products.
5. The company’s foodservice segment, which includes refrigerated display cases, cooking and warming equipment, and beverage dispensing systems, is a leading provider of equipment for restaurants, convenience stores, and retailers.
6. Standex International’s engraving segment produces embossing rolls, plates, and cylinders used in paper, plastic, and foil production as well as gravure printing plates used in the packaging and label industries.
7. The company’s engineered products segment provides engineered components and assemblies for a variety of industries including aerospace, automotive, medical, and telecommunications.
8. Standex International has a strong global presence with 11 manufacturing facilities and over 50 sales offices located in 18 countries.
9. In 2019, the company reported total revenue of $775 million and had approximately 5,000 employees worldwide.
10. Standex International has a strong commitment to corporate social responsibility and sustainability, with initiatives in place to reduce energy consumption, minimize waste, and promote diversity and inclusion within the company.
See Company Due Diligence:
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