IDEX Corp

-7.94%

IDEX Corporation is a multinational company that manufactures and sells engineered products for a variety of industries worldwide. The company was founded in 1988 and is headquartered in Lake Forest, Illinois.
IDEX operates through several business segments, including Fluid & Metering Technologies, Health & Science Technologies, and Fire & Safety/Diversified Products. These segments manufacture and sell products such as pumps, flow meters, valves, compressors, medical devices, and fire safety equipment.
IDEX's diverse portfolio of products and services allows the company to serve a wide range of industries, including water and wastewater treatment, oil and gas, food and beverage, healthcare, and aerospace. The company prides itself on producing innovative, high-quality products and providing exceptional customer service.
In addition to its business operations, IDEX is committed to environmental and social responsibility, with initiatives in place to reduce its environmental impact and support local communities.
As of 2021, IDEX Corporation has over 8,000 employees and operates in more than 40 countries around the world. The company continues to grow through acquisitions and strategic partnerships, and is recognized as a leader in its industry.

There are several unique aspects of the IDEX Corporation company that set it apart from other corporations.
1. Diverse portfolio: IDEX Corporation has a diverse portfolio of businesses, with more than 40 different operating units that serve a wide range of industries including healthcare, life sciences, industrial, and food and beverage.
2. Customer focus: The company's culture is deeply rooted in understanding and meeting the needs of its customers. It uses a customer-centric approach to develop and deliver innovative solutions.
3. Strong commitment to innovation: IDEX Corporation invests heavily in research and development, and its operating units are constantly seeking ways to improve products and processes. This focus on innovation has led to numerous patents and awards.
4. Global presence: The company has a global footprint and operates in more than 40 countries. This allows it to serve a diverse range of customers and markets, while also leveraging local expertise and resources.
5. Sustainability efforts: IDEX Corporation is committed to environmental responsibility and sustainable business practices. It has set ambitious sustainability goals and actively works towards reducing its environmental footprint.
6. Strong financial performance: The company has a track record of strong financial performance, with consistent growth and profitability. This stability and strength allow it to invest in its businesses, employees, and communities.
7. Strong corporate culture: IDEX Corporation has a strong corporate culture that values integrity, collaboration, and continuous improvement. This culture fosters a sense of community and teamwork among its employees across different operating units and locations.

The IDEX Corporation business model is based on designing, manufacturing, and distributing a wide range of engineered fluid handling and motion control systems and components for a variety of industries, including agriculture, automotive, chemical processing, construction, food and beverage, medical, and oil and gas. Their products include pumps, valves, flow meters, compressors, and other specialty fluid handling equipment. IDEX operates through multiple segments, including Fluid and Metering Technologies, Health and Science Technologies, Fire and Safety/Diversified Products, and Dispensing Equipment. Their business model focuses on delivering high-quality, innovative solutions to their customers, creating value for shareholders, and maintaining a strong global presence through strategic partnerships and acquisitions.

1. IDEX Corporation was founded in 1988 as a spin-off of the Fluid Handling Division of Houdaille Industries.
2. The name IDEX was formed by combining the words independent and excellence.
3. The company’s headquarters are located in Lake Forest, Illinois, and it has operations in over 40 countries.
4. IDEX Corporation is a Fortune 1000 company and was ranked 534th on the 2020 list.
5. The company has a diverse portfolio of products and solutions, including pumps, valves, meters, and fluid handling systems.
6. IDEX Corporation is known for its focus on innovation and has been awarded over 1,000 patents.
7. The company has a strong commitment to sustainability and has multiple initiatives in place to reduce its environmental impact.
8. IDEX Corporation has a global workforce of over 7,000 employees.
9. The company has a long history of acquisitions, with over 60 completed since its founding.
10. IDEX Corporation has been named one of the World’s Most Ethical Companies by the Ethisphere Institute for the past six years.
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