Standex International

What Standex International does

Standex International Corporation (NYSE: SXI) is a Salem, New Hampshire-headquartered diversified industrial manufacturer that designs, engineers, and produces specialized components and systems across five operating segments: Electronics, Scientific, Engraving, Aerospace & Defense, and Custom Hoists. Founded in 1955 and listed on the NYSE since 1965, the company employs 10,000+ people across manufacturing and engineering facilities in North America, Europe, and Asia Pacific, and serves enterprise OEM customers in aerospace, defense, automotive, food service, appliances, grid/power infrastructure, data centers, EV, industrial automation, and life sciences.

The company's technology base spans precision electronics and sensors (Sensor Solutions, Minntronix, Renco Electronics), cryogenic and scientific refrigeration (Custom Biogenic Systems), aerospace components and lighting (McStarlite), forming and engraving technologies, and custom hydraulic hoists. Standex holds more than 500 patents globally and operates an R&D and engineering center in India, with capacity expansions underway in Croatia, Mexico, and India to support the Grid and data center platform. The portfolio is being deliberately tilted toward higher-growth, higher-margin engineering markets — grid modernization, data centers, defense, EV, and space commercialization — projected to generate over $270 million in fast-growth market sales in FY2026.

Standex generates revenue through B2B direct enterprise sales of engineered hardware, with custom quoting rather than published pricing, supplemented by strategic acquisitions (Minntronix 2023, Custom Biogenic Systems 2024, Amran/Narayan 2024, McStarlite 2025) and the March 2026 divestiture of Federal Industries to AeriTek for approximately $70 million. Financial performance is anchored by 38.8% gross margins, 19.0% adjusted operating margin, 1.9x net leverage, and 247 consecutive quarterly dividends including 15 consecutive years of increases, with quarterly revenue stepping from $217.4M in Q1 FY2026 to $224.6M in Q3 FY2026.

Name

Standex International

Legal name

Standex International Corporation

Website

http://www.standex.com

Company type

Public

Founded year

1918

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Standex International (NYSE: SXI) is a diversified industrial manufacturer that designs and produces engineered components across Electronics, Scientific, Aerospace & Defense, Engraving, and Custom Hoists segments, serving enterprise OEMs in aerospace, automotive, grid/power, data centers, and life sciences globally.

Ownership category

akta.pro rank

Product category

Industrial Engineered Components and Subsystems

NAICS

Aerospace Product and Parts Manufacturing (33641), Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing (334511), Motor Vehicle Electrical and Electronic Equipment Manufacturing (336320), Other Electrical Equipment and Component Manufacturing (3359), Other Aircraft Parts and Auxiliary Equipment Manufacturing (336413)

SIC

Electronic Components, Nec (3679), Electronic Components & Accessories (3670), Aircraft & Parts (3720), Coating, Engraving & Allied Services (3470)

akta.pro primary industry

Passenger Vehicle Electrical & Electronics Manufacturing (ICE) (IMACAAAK)

Keywords

• Industrial engineered components
• Sensor electronics manufacturing
• Scientific refrigeration systems
• Aerospace defense components
• Custom hydraulic hoists

Headquarters

HQ city

Salem

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Industrial Manufacturing Sales: Standex generates revenue through the design, manufacture, and sale of engineered industrial components and solutions across five business segments. Revenue is derived from product sales to aerospace, defense, scientific, electronics, and industrial customers.
2. Acquisition-Driven Growth: The company pursues growth through strategic acquisitions that expand into higher-margin engineering solutions markets, with recent acquisitions including McStarlite (aerospace), Custom Biogenic Systems (cryogenic), Minntronix (5G/grid), and Sensor Solutions (EV/automation).

Go-to-market motion2 records

Distribution channels1 record

Marketing channels4 records

Core offering

Standex International designs, manufactures, and sells engineered industrial components and subsystems across five business segments: Electronics (sensors, power electronics), Scientific (cryogenic storage and vaccine refrigeration), Engraving (functional surface textures), Aerospace & Defense (aerospace components for next-generation space vehicles), and Custom Hoists (custom hydraulic solutions). Products are sold directly to enterprise OEM customers in aerospace, automotive, grid infrastructure, data centers, life sciences, and industrial automation.

Product overview

Standex International is a global industrial growth company operating through five business segments: Electronics, Scientific, Engraving, Aerospace & Defense, and Custom Hoists. The company provides engineered solutions and technologies across critical industries including renewable energy, commercialization of space, electric vehicles, and life sciences refrigeration. Standex operates via market-leading brands and serves customers through innovation in electronics, cutting-edge forming technologies, engraving, and scientific refrigeration. The portfolio includes acquired brands such as Custom Biogenic Systems (cryogenic storage), McStarlite (aerospace components), Minntronix (5G/industrial automation sensors), and Sensor Solutions (EV/medical sensors).

Differentiator

Problem solved

Functional benefit

Brands

• Standex Electronics: A segment of Standex International that unveiled a new brand identity in October 2025 emphasizing its role as a global engineering partner with focus on innovation, collaboration, and electrification

Products and services

• Electronics Segment Standex's Electronics segment provides engineered sensor, power electronics, and electromagnetic solutions to enterprise customers in grid modernization, data center power, 5G, electric vehicles, industrial automation, and medical end markets. Following the October 2025 rebrand it is positioned as a global engineering partner focused on innovation, collaboration, and electrification across three divisions.
• Scientific Segment Standex's Scientific segment offers scientific refrigeration solutions, including cryogenic storage and ultra-low temperature systems for life sciences applications such as vaccine refrigeration and biopharmaceutical R&D. Capabilities are expanded through the Custom Biogenic Systems acquisition.
• Engraving Segment Standex's Engraving segment provides cutting-edge forming technologies and engraving services that produce functional textures on everyday products, used for product aesthetics and functional surface engineering across industrial and consumer applications.
• Aerospace & Defense Segment Standex's Aerospace & Defense segment supplies aerospace components and defense solutions, including parts for next-generation space vehicles and aerospace lighting solutions, serving enterprise aerospace and defense customers such as Airbus.
• Custom Hoists Segment Standex's Custom Hoists segment provides custom hydraulic hoist solutions designed and manufactured for industrial applications, sold directly to enterprise industrial customers.
• Custom Biogenic Systems Cryogenic storage and scientific refrigeration solutions serving scientific and life sciences markets; Custom Biogenic Systems is a wholly-owned Standex subsidiary based in Michigan with approximately $15 million in revenue for 2024.
• McStarlite Co. Aerospace components provider specializing in aerospace lighting solutions serving enterprise aerospace customers; McStarlite Co. is a wholly-owned Standex subsidiary based in California.
• Minntronix Sensor solutions provider focused on growth markets including 5G, smart grid, and industrial automation applications; Minntronix is a wholly-owned Standex subsidiary.
• Sensor Solutions Colorado-based sensor technologies provider for electric vehicles, industrial automation, and medical end markets; Sensor Solutions is a wholly-owned Standex subsidiary.

Quantifiable outcome

• 8.1% year-over-year revenue growth to $224.6 million in Q3 FY2026
• +5 more outcomes

Named customers7 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• AeriTek Global Holdings LLCminorOthers · 9 March 2026AeriTek Global Holdings LLC, a portfolio company of Mill Point Capital LLC, acquired Federal Industries LLC from Standex International as a carve-out transaction. The acquisition added Federal's vertically integrated manufacturing facility in Belleville, Wisconsin and expanded AeriTek's dealer network across U.S. foodservice markets.

Scale indicators15 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Ametek: Ametek is a diversified electronic instruments and electromechanical manufacturer with segments spanning aerospace, defense, medical, and industrial process markets. Highly comparable to Standex's diversified electronics and aerospace portfolio with similar B2B enterprise sales motion.
• Sensata Technologies: Sensata designs and manufactures sensors and sensor-rich solutions for automotive, industrial, and aerospace markets. Direct comparable to Standex's Sensor Solutions and Minntronix businesses serving EV, industrial automation, and aerospace customers.
• ESCO Technologies: ESCO Technologies is a diversified manufacturer of highly engineered products for aerospace, defense, and industrial markets. Comparable in scale and product mix to Standex's Aerospace & Defense and Electronics segments with similar niche engineered-solutions approach.
• Woodward, Inc. Woodward designs and manufactures energy control and optimization solutions for aerospace and industrial markets. Comparable to Standex's aerospace components and grid/power electronics businesses serving similar OEM customers with engineered solutions.

Broad incumbents

• HEICO Corporation: HEICO is a leading aerospace and electronics components manufacturer with FAA-approved parts serving commercial and defense aviation. Broader aerospace incumbent comparable to Standex's Aerospace & Defense segment and McStarlite business.
• TransDigm Group: TransDigm designs and manufactures proprietary aerospace components for aircraft OEMs and operators. Comparable as aerospace components incumbent though larger and more concentrated in aftermarket parts than Standex.
• Dover Corporation: Dover is a diversified industrial manufacturer with segments spanning engineered products, fueling solutions, and pumps and process solutions. Comparable as a diversified industrial peer with multi-segment portfolio approach similar to Standex.
• Roper Technologies: Roper Technologies is a diversified technology company with niche market-leading software and engineered products businesses. Comparable as diversified industrials peer pursuing acquisition-driven growth in engineering solutions like Standex.
• Honeywell International: Honeywell operates across aerospace, automation, and energy & sustainability segments with significant sensor and electronics offerings. Broad incumbent comparable to Standex's portfolio across aerospace, grid electronics, and automation.

Others

• Watlow Electric Manufacturing: Watlow designs and manufactures industrial heaters, sensors, and thermal systems for various industrial processes. Adjacent peer in thermal/electric components for industrial customers with overlap in industrial automation applications.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/standex-international

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A16 records

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Standex International