IDEX Corp
(NYSE: IEX)
54.05
+0.20
+0.37%
+0.20
+0.37%
MORE ON IEX
COMPANY INFORMATION
| Exchange: | New York Stock Exchange |
| Stock: | Idex Corporation |
| Industry: | Diversified Industrials |
| Employees: | 6,814 |
DESCRIPTION
| IDEX Corporation, a Delaware Corporation was incorporated on September 24, 1987. It is an applied solutions company that sells an extensive array of pumps, flow meters and other fluidics systems and components and engineered products to customers in a variety of markets. Its products include industrial pumps, compressors, flow meters, injectors and valves, and related controls for use in a number of process applications; precision fluidics solutions, including pumps, valves, degassing equipment, corrective tubing, fittings, and complex manifolds, as well as specialty medical equipment and devices used in life science applications; precision-engineered equipment for dispensing, metering and mixing paints, and personal care products; refinishing equipment; and engineered products for industrial and commercial markets, including fire and rescue, transportation equipment, oil and gas, electronics, and communications. These activities are grouped into three business segments: Fluid & Metering Technologies, Health & Science Technologies and Fire & Safety/Diversified Products. The Fluid & Metering Technologies Segment designs, produces and distributes positive displacement pumps and flow meters, injectors, and other fluid-handling pump modules and systems and provides flow monitoring and other services for the water and wastewater industries. This Segment consists of the following business units: Banjo, Energy and fuels, Chemical food and process, Diaphragm and dosing pump technology and Water services and technology. The Health & Science Technologies Segment designs, produces and distributes a range of precision fluidics solutions from very high precision, low-flow rate pumping solutions required in analytical instrumentation, clinical diagnostics and drug discovery to high performance molded and extruded, biocompatible medical devices and implantables. This segment includes IDEX Health and Science and IDEX Optics and Photonics. The Fire & Safety/Diversified Products segment produces firefighting pumps and controls, rescue tools, lifting bags and other components and systems for the fire and rescue industry, engineered stainless steel banding and clamping devices used in a variety of industrial and commercial applications, and precision equipment for dispensing, metering and mixing colorants and paints used in a variety of retail and commercial businesses. This Segment is comprised of Fire Suppression, Rescue, Band-it and Dispensing Equipment. The Company's products are sold in niche markets to a range of industries throughout the world. Most of its products are sold in competitive markets. On January 31, 2011, the Company acquired the membership interests of AT Films. AT Films specializes in optical components and coatings for applications in the fields of scientific research, defense, aerospace, telecommunications and electronics manufacturing. The main points of competition in its markets are product quality, price, design and engineering capabilities, product development, conformity to customer specifications, quality of post-sale support, timeliness of delivery, and effectiveness of its distribution channels. |
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