Standex International Corporation
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- Standex International Corporation (NYSE: SXI) is a global multi-industry manufacturer serving electronics, engraving, engineering technologies, scientific refrigeration and specialty solutions markets through market-leading brands. Founded in 1955 and headquartered in Salem, New Hampshire, the company operates facilities in the United States, Europe, Canada, Japan, Singapore, Mexico, Turkey, India and China. Its Electronics segment provides reed switch-based sensors, relays, fluid level and proximity sensors, current sense transformers, inductors, toroids, planar power solutions, instrument transformers and bushings for applications in aerospace, automotive, renewable energy, medical, power grid and consumer electronics; the Engraving segment offers custom surface textures, roll engraving and tool performance services for plastics, composites and metals; the Engineering Technologies segment delivers innovative metal forming such as superplastic forming, creep forming, spinning and deep drawing for complex components in aviation, space, defense and energy; the Scientific segment supplies cold storage equipment including ultra-low temperature freezers and vaccine refrigerators for life sciences and biological research; and the Specialty Solutions segment manufactures commercial food service equipment such as refrigerated display cases, ovens, griddles, toasters and merchandisers, as well as telescopic and piston rod hydraulic cylinders for material handling. Standex continues to pursue growth through strategic acquisitions, including McStarlite Co. in February 2025 for $56.5 million to expand sheet metal forming capabilities in aerospace, space and defense within its Engineering Technologies Group; Amran Instrument Transformers and Narayan Powertech in 2024 to bolster grid solutions and power components; and Custom Biogenic Systems in November 2024 for $6.2 million to enhance scientific refrigeration offerings. The company is commissioning a new greenfield site in Croatia to support European demand in power grid and data centers, while advancing new programs in missile defense and space commercialization.
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