Standex International Corporation and subsidiaries ("we," "us," "our," the "Company" and "Standex") is a diversified industrial manufacturer with leading positions in a variety of products and services that are used in diverse commercial and industrial markets.
−Removed: Headquartered in Salem, New Hampshire, we have six operating segments aggregated into five reportable segments:
−Removed: Electronics, Engineering Technologies, Scientific, Engraving and Specialty Solutions.
−Removed: Two operating segments are aggregated into Specialty Solutions.
+Added: Headquartered in Salem, New Hampshire, we have four operating and reportable segments:
+Added: Electronics, Aerospace and Defense (A&D), Scientific and Engraving & Hydraulics.
Our businesses work in close partnership with our customers to deliver custom solutions or engineered components that solve their unique and specific needs, an approach we call "Customer Intimacy."
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and (4) undertaking strategically aligned acquisitions that strengthen and/or expand our core businesses.
−Removed: We direct our investments towards markets with long term, secular growth prospects such as renewable energy, electric vehicles, smart power grid, military and defense and life sciences.
+Added: We direct our investments towards markets with long term, secular growth prospects such as power grid, military and defense, commercial space, life sciences, renewable energy, and electric vehicles.
Unless otherwise noted, references to years are to fiscal years.
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Our fiscal year 2026 includes the twelve-month period from July 1, 2025 to June 30, 2026.
−Removed: Our long-term business strategy is to create, improve, and enhance shareholder value by building more profitable, focused industrial platforms through our Standex Value Creation System.
+Added: Our long-term business strategy is to create, improve, and enhance shareholder value by driving profitable growth as we continue to scale our core platforms and further penetrate our favorable end markets.
+Added: We do this through execution of our Standex Value Creation System.
This methodology employs four components:
Balanced Performance Plan, Growth Disciplines, Operational Excellence, and Talent Management and provides both a company-wide framework and tools used to achieve our goals.
−Removed: We intend to continue investing organically and inorganically in high margin and growth businesses using this balanced and proven approach.
+Added: We intend to continue investing organically and inorganically in our high margin and growth businesses using this balanced and proven approach.
It is our objective to grow larger and more profitable business units through both organic and inorganic initiatives.
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Our approach allows us to expand the business through organic growth with current customers as well as developing new products, driving geographic expansion, and pursuing inorganic growth through strategic acquisitions.
−Removed: Components are manufactured in plants located in the U.S., Mexico, the U.K., Germany, Japan, China and India.
+Added: Components are manufactured in plants located in the U.S., Mexico, the U.K., Germany, Japan, China, India, and Croatia.
Markets and Applications
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End-user markets include, but are not limited to, appliances, electrification (electric vehicles, solar, smart-grid, alternative energy), military, medical, aerospace, test and measurement, power distribution, security, general industrial applications, and transportation.
−Removed: Business unit names are Standex Electronics, Standex-Meder Electronics, Renco Electronics, Northlake Engineering, Agile Magnetics, Sensor Solutions, Standex Electronics Japan, Minntronix, Nascentechnology, Sanyu, Amran Instruments and Narayan Powertech.
+Added: Business unit names are Standex Electronics, Standex-Meder Electronics, Renco Electronics, Northlake Engineering, Agile Magnetics, Sensor Solutions, Standex Electronics Japan, Minntronix, Nascent Technology, Sanyu, Amran Instruments and Narayan Powertech.
Other associated brand names include the MEDER, KENT, and KOFU reed switch brands.
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The business sells globally to a wide variety of mainly OEM customers focused in the end markets noted previously through a direct sales force, regional sales managers, field applications engineers, commissioned agents, representative groups, and distribution channels.
−Removed: Engineering Technologies
−Removed: Our Engineering Technologies Group (ETG) is a provider of innovative, metal-formed solutions for OEM and Tier 1 manufacturers for use in their advanced engineering designs.
+Added: Aerospace & Defense
+Added: Aerospace and Defense (A&D) is a provider of innovative, metal-formed solutions for OEM and Tier 1 manufacturers for use in their advanced engineering designs.
Our solutions seek to address unique customer design challenges such as reduction of input weight, material cost, part count, and complexity involving all formable materials with particular focus on challenge geometries, large thickness to thin-wall construction, and/or single-piece construction requirements.
−Removed: Engineering Technologies devises and manufactures these cost-effective components and assemblies by combining a portfolio of best-in-class forming technologies and technical experience, vertically integrated manufacturing processes, and group wide technical and design expertise.
+Added: A&D devises and manufactures these cost-effective components and assemblies by combining a portfolio of best-in-class forming technologies and technical experience, vertically integrated manufacturing processes, and group wide technical and design expertise.
We intend to grow sales and product offerings by investing in advancements in our current and new technologies and identifying new cutting-edge solutions for these capabilities in existing and adjacent markets via customer and research collaboration.
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Markets and Applications
−Removed: Engineering Technologies products serve applications within the space, aviation, defense, energy, medical, and general industrial markets.
+Added: A&D products serve applications within the space, aviation, defense, energy, medical, and general industrial markets.
The space market we serve is comprised of components and assemblies for space launch vehicles, engines, crewed and uncrewed spacecraft and other space infrastructure.
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Products and Services
−Removed: Fuel tanks and fuel tank domes, rocket engine components, crew vehicle and unmanned spacecraft structures and bulkheads
Nacelle inlet lipskins & ducts, engine components and fuel tank elements
+Added: Fuel tanks and fuel tank domes, rocket engine components, crew vehicle and unmanned spacecraft structures and bulkheads
Missile nose cones & sub-assemblies, naval propulsion components, exhaust assemblies, and military aircraft engine nacelle & exhaust components
Power generation turbine & other assemblies, oil & gas exploration connection components
−Removed: Engineering Technologies components are sold directly to large space, aviation, defense, energy and medical companies, or suppliers to those companies.
+Added: A&D components are sold directly to large space, aviation, defense, energy and medical companies, or suppliers to those companies.
Our Scientific business specializes in providing specialty temperature-controlled equipment for the medical, scientific, pharmaceutical, biotech, and industrial markets.
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Scientific products are sold to medical and laboratory distributors, healthcare facilities, research universities, pharmaceutical and biotech companies, pharmacies and industrial facilities.
−Removed: Our Engraving group is a global creator and provider of custom textures and surface finishes on tooling that enhance the beauty and function of a wide range of consumer good and automotive products as well as production of specialized, differentiated parts requiring our unique capabilities.
−Removed: We focus on continuing to meet the needs of a changing marketplace by offering experienced craftsmanship while investing in new technologies such as laser engraving and soft surface skin texturized tooling.
−Removed: Our growth strategy is to continue to develop and/or acquire technologies to enhance surface textures that also allow our customers to introduce more sustainable manufacturing processes and reduce their own energy consumption.
−Removed: We are operating as one company with global reach, using a consistent approach to guarantee harmony on global programs to serve of our customers.
−Removed: Markets and Applications
−Removed: Standex Engraving Mold Tech has become the global leader in its industry by offering a full range of services to OEM’s, Tier 1 suppliers, mold makers and product designers.
−Removed: From start to finish, these services include the design of bespoke textures, the verification of the texture on a prototype, engraving a mold, enhancing and polishing it, and then offering on-site try-out support with ongoing tool maintenance and texture repair capabilities.
−Removed: In addition to these services, we also produce soft trim tooling such as in mold graining (IMG) and nickel shells as well as production of specialized parts requiring deep knowledge of the soft trim manufacturing process.
−Removed: In addition to the Mold Tech brand, Engraving companies and brands also include:
−Removed: Piazza Rosa and World Client Services (WCS), which both offer laser engraving and tool finishing in Europe and Mexico.
−Removed: Tenibac-Graphion, which provides additional texturizing and prototyping capabilities in North America and China.
−Removed: GS Engineering, which employs advanced processes and technology to rapidly produce molds for the creation of soft-touch surfaces.
−Removed: Innovent, which is a specialized supplier of tools and machines used to produce diapers and products that contain absorbent materials between layers of non-woven fabric.
−Removed: Products and Services
−Removed: Texturing is achieved with either a laser or a chemical etching technique.
−Removed: Laser Engraving offers superior features, such as multiple gloss levels, the elimination of paint and optimized scratch performance, and sharp definition for precise geometric patterns.
−Removed: Chemical Engraving produces carefully designed textures and finishes without seams or distortion.
−Removed: Our Digital Transfer Technology offers an exclusive service which guarantees consistency, pattern integrity and texture harmony around the world.
−Removed: Architexture Design Studio uses proprietary technology called Model-Tech® which utilizes proven expertise to create and test custom textures.
−Removed: During the Model-Tech process, an original texture is first designed to offer beauty and function, which ultimately is used to create a large-format skin that can be wrapped on a model for testing.
−Removed: Tooling Performance services include the enhancement, finishing and repair of a tool to improve its use during manufacturing.
−Removed: Soft Trim Tooling and nickel shell molds are used to produce soft surfaces that emulate the feel of natural materials.
−Removed: The IMG process we support consumes significantly less energy in our customers' operations than the traditional slush molding process.
−Removed: Our deep knowledge of this process positions us to manufacture certain demanding parts.
−Removed: The Engraving business has become the global leader providing these products and services by offering a full range of services to automotive OEM’s, product designers, Tier 1 suppliers, and toolmakers all around the world.
−Removed: Specialty Solutions
−Removed: Specialty Solutions is comprised of two businesses:
−Removed: Federal Industries and Custom Hoists.
−Removed: These businesses differentiate themselves in their respective markets by collaborating with customers to develop and deliver custom solutions.
−Removed: Federal Industries provides merchandising solutions to retail and food service customers whose revenue stream is enhanced through food presentation.
−Removed: Federal Industries focuses on the challenges of enabling retail and food service establishments to provide food and beverages that are fresh and appealing while at the same time providing for food safety, and energy efficiency.
−Removed: Our key differentiator is the ability to customize products to meet customers' needs within industry standard lead-times.
−Removed: This differentiator is used to target the convenience store, school cafeterias and quick-service restaurant segments.
−Removed: Custom Hoists is a supplier of engineered hydraulic cylinders that meet customer specific requirements for demanding applications.
−Removed: Our engineering expertise coupled with broad manufacturing capabilities and responsiveness to customer needs drives our top line growth opportunities.
−Removed: We leverage our full line of products for the construction markets in dump truck and trailer applications and deep expertise in the refuse market to expand into new adjacent markets, targeting the most challenging custom applications.
−Removed: Flexible design capability, a global supply chain and speed to market enable us to be successful in growing our business.
−Removed: Our team is dedicated to superior customer service through our technical engineering support and on-time delivery.
−Removed: Specialty Solutions products are designed and/or manufactured in Hayesville, OH;
−Removed: Belleville, WI;
−Removed: and Tianjin, China.
+Added: Engraving & Hydraulics
+Added: Our Engraving & Hydraulics group is a global provider of custom textures and surface finishes on tooling that enhance the appearance, performance, and function of a wide range of consumer goods and automotive products, and a supplier of engineered hydraulic cylinders and systems for demanding applications.
+Added: The group also produces specialized, differentiated parts requiring unique technical capabilities.
+Added: We focus on meeting the needs of a changing marketplace by combining experienced craftsmanship with investments in new technologies including laser engraving and soft surface skin texturized tooling.
+Added: Our growth strategy includes developing and acquiring technologies to enhance surface textures and support more sustainable manufacturing processes for our customers, including processes that may reduce energy consumption.
+Added: We operate as one company with global reach, using a consistent approach designed to support texture harmony on global programs and better serve our customers.
+Added: Our engineering expertise, broad manufacturing capabilities, global supply chain, speed to market, technical engineering support, and on-time delivery support growth opportunities across automotive, construction, refuse, and other adjacent markets, with a focus on customer-specific and challenging custom applications.
Markets and Applications
−Removed: Federal Industries custom designs and manufactures refrigerated, heated and dry merchandising display cases for bakery, deli, confectionary and packaged food products utilized in restaurants, convenience stores, quick-service restaurants, supermarkets, drug stores and institutions such as hotels, hospitals, and school cafeterias.
−Removed: Custom Hoist products are utilized by OEMs on vehicles such as dump trucks, dump trailers, bottom dumps, garbage trucks (both recycling and rear loader), container roll off vehicles, hook lift trucks, liquid waste handlers, vacuum trucks, compactors, balers, airport catering vehicles, container handling equipment for airlines, lift trucks, yard tractors, and underground mining vehicles.
−Removed: Federal Industries products are sold under the Federal brand.
−Removed: Custom Hoists products are sold under the Custom Hoist brand.
+Added: Standex Engraving Mold Tech offers a full range of services to OEM’s, Tier 1 suppliers, mold makers and product designers.
+Added: These services include the design of bespoke textures, the verification of the texture on a prototype, mold engraving, enhancing and polishing it, on-site try-out support with ongoing tool maintenance, and texture repair capabilities.
+Added: In addition the group produces soft trim tooling including in-mold graining (IMG) and nickel shells, as well as specialized parts requiring deep knowledge of the soft trim manufacturing processes.
+Added: The Hydraulics business offers a full line of engineered hydraulic cylinders, including single and double acting telescopic and piston rod hydraulic cylinders.
+Added: These products serve construction equipment, refuse, airline support, mining, oil and gas, and other material handling applications.
+Added: Our products and services are sold under various brands including Mold Tech, Piazza Rosa, World Client Services (WCS), Tenibac-Graphion, GS Engineering, Innovent and Custom Hoists.
Products and Services
−Removed: Federal Industries offers a selection of display cases, including innovative customization, for fresh food merchandising requirements.
−Removed: Custom Hoists designs and manufactures single and double acting telescopic and piston rod hydraulic cylinders for original and aftermarket use in construction equipment, refuse, airline support, mining, oil and gas, and other material handling applications.
−Removed: Specialty Solutions products are sold to OEMs, distributors, service organizations, aftermarket repair outlets, end-users, dealers, buying groups, consultants, government agencies and manufacturers.
−Removed: The following provides a description of key areas impacting our Company.
+Added: Our Engraving business designs and implements texture solutions using chemical, laser and soft trim production processes, and our Hydraulics business designs and manufactures single and double acting telescopic and piston rod hydraulic cylinders for original and aftermarket use in construction equipment, refuse, airline support, mining, oil and gas, and other material handling applications.
+Added: The Engraving & Hydraulics business provides products and services to automotive OEMs, product designers, Tier 1 suppliers, toolmakers, OEMs, distributors, service organizations, aftermarket repair outlets, end-users, dealers, buying groups, government agencies and manufacturers all around the world, as well as manufacturers of dump truck and dump trailers, refuse equipment, and specialized mobile equipment.
Working Capital
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See the Notes to C onsolidated Financial Statements for international operations financial data.
−Removed: The percentage of our overall net sales from continuing international operations increased from 38% in fiscal year 2024 to 41% in fiscal year 2025 .
−Removed: International operations are subject to certain inherent risks in connection with the conduct of business in foreign countries including, exchange controls, price controls, limitations on participation in local enterprises, nationalizations, expropriation and other governmental action, restrictions of repatriation of earnings, and changes in currency exchange rates.
+Added: The percentage of our overall net sales from continuing international operations increased slightly from 41% in fiscal year 2025 to 42% in fiscal year 2026 .
+Added: International operations are subject to certain inherent risks in connection with the conduct of business in foreign countries including exchange controls, price controls, limitations on participation in local enterprises, nationalizations, expropriation and other governmental action, restrictions on repatriation of earnings, and changes in currency exchange rates.
Research and Development
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Action plans are developed and reviewed quarterly, and progress is a key performance indicator for every business annually.
−Removed: In fiscal year 2025, we implemented a global Human Capital Management System to further support our commitment to our workforce.
+Added: In fiscal year 2025, we commenced implementation of a global Human Capital Management System to further support our commitment to our workforce.
This system enhances our ability to attract, manage and develop our talent, streamline operations, and improve overall employee satisfaction, providing a platform of standard work, tools, processes and analytics that better enable us to provide a rewarding and supportive environment for all employees.
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setting global inclusivity and diversity goals, collaborating with Corporate Communications to highlight the IAC’s work, and championing the implementation of IAC initiatives.
−Removed: Additionally, we launched the Women and Leadership Employee Resource Group in fiscal year 2023, aiming to increase the representation of women at all levels, enhancing the company’s success through relationships and partnerships.
−Removed: We continue to explore additional ERGs in partnership with the IAC.
+Added: Additionally, we maintain the Women and Leadership Employee Resource Group that aims to increase the representation of women at all levels, enhancing the company’s success through relationships and partnerships.
+Added: We continue to explore additional employee resource groups in partnership with the IAC.
Standex Cares is our community engagement program that supports local initiatives and charitable activities in the areas where we operate.
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Vice President, Chief Legal Officer and Secretary of the Company since April 2016.
−Removed: Annemarie Bell
−Removed: Vice President, Chief Human Resources Officer since July 2021, Vice President of Human Resources from June 2019 to July 2021, Interim Vice President of Human Resources from October 2018 through June 2019;
−Removed: Vice President of Human Resources for four of Standex business units from October 2015 through October 2018.
+Added: Michelle Newbury
+Added: Vice President, Chief Human Resources Officer since November 2025;
+Added: Vice President Human Resources at Cornerstone Building Brands from May 2024 to November 2025, Vice President Human Resources at Kymera International from March 2021 to May 2024, and, prior to that, fourteen years in positions of increasing HR responsibility at Pentair.
Vice President, Chief Information Officer since April 2024.
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Various positions of increasing responsibility at Pentair, Emerson, and Binks ending as Global Controller until joining the Company in May 2023.
+Added: Vineet Kshirsagar
+Added: Vice President, Chief Strategy Officer of the Company since September 2025.
+Added: Vice President, Corporate Growth & Business Development of the Company from December 2022 to September 2025.
+Added: Prior to that, various strategy, business development, and GM roles with the Company’s Electronics segment since February 2015.
The executive officers are elected each year at the first meeting of the Board of Directors subsequent to the annual meeting of stockholders, to serve for one-year terms of office.
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Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.