Nordson Corporation (NDSN)
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Industrial Precision Solutions : The industrial precision solutions department provides dispensing, coating and laminating systems for adhesives, emulsions, liquids and fibers of disposable products and coiled materials; Automatic adhesive distribution system for packaging commodity industry; Components and systems for thermoplastic and biopolymer melt streams; Precision agricultural spraying solutions; Fluid components such as nozzles, pumps and filters; Product assembly system for paper and paperboard processing applications and the manufacture of coiled materials. It also provides automatic and manual dispensing products and systems for cold materials, container coatings, liquid coatings and powder coatings, as well as UV equipment primarily for curing and drying operations. -
Medical and Fluid Solutions : The medical and fluid solutions department provides medical equipment, including cannula, catheter and medical balloon; Disposable plastic parts; Precision manual and semi-automatic dispensing machine; Minimally invasive interventional delivery device; And a plastic molded syringe, a cartridge, a tip and a fluid connection component. -
Advanced Technology Solutions : The Advanced Technology Solutions Department provides automatic dispensing systems for fluid adhesion, protection and coating, as well as related gas plasma treatment systems for cleaning and adjusting surfaces; be used for semiconductor And the adhesive test and automatic optical, acoustic microscope and X-ray detection system of the printed circuit board industry.
Nordson Corporation (NDSN) History Encyclopedia
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Nordson was founded in 1954 by Eric and Evan Nord brothers in Amherst, Ohio. However, the company's history can be traced back to the U.S. Automatic Company, which was founded in 1909. -
At first, American automation companies specialized in automobile Industry production screw machine parts. In 1935, under the leadership of Walter G. Nord, the father of Eric and Evan, the company shifted its production focus to supporting the United States during the Second World War national defense Efforts are critical for high-precision parts. -
After the war, Nords looked for proprietary products as the basis for future growth. This product was found in 1954, and obtained a patent for the "no hot air" method covering paint spraying and other coatings. After owning the patent, Nuoxin began to produce and sell airless spraying equipment as a department of American Automation Company. -
In the mid-1960s, Nuoxin's experience in heating coating technology led to the development of the equipment, which uses thermoplastic adhesive (commonly referred to as "hot melt adhesive") for box sealing, carton manufacturing and product assembly operations. In 1966, the entire U.S. Automatic Company was merged into the subsidiary Nordson Corporation. -
Later, the air atomization spraying system was added, and static electricity was added to the airless, air atomization and rotary atomization spraying processes, which established Nuoxin's leading position in the coating industry. -
Since the late 1960s, Nuoxin has pioneered the technology and equipment for powder coatings by virtue of the development of a compact and efficient box recovery/recycling system. Nuoxin has been constantly improving its ink cartridge booth technology, and has always been an innovator in all aspects of powder spraying technology. -
In the 1960s, with a view to the future, Nordson increasingly recognized the importance of globalization. To this end, the first batch of Nordson International subsidiaries were established in Europe (Belgium) and Asia (Japan). By the end of this century, the company's total sales had exceeded 10 million dollars. -
In the 1970s, Nuoxin continued to build on the innovations of the past decade. Under the continued leadership of Eric Nord, the company's sales exceeded $100 million. Nordson's shares began trading on the NASDAQ Exchange. -
In 1986, William P. Madar was appointed President and CEO, and Eric Nord still served as Chairman of the Board of Directors. Under the leadership of Madar, Nuoxin began to acquire companies that could consolidate its leading position in technology, product quality and customer service. -
In 1989, Nuoxin purchased Tribo powder coating technology expert Industriell Coating Aktiebolag and Meltex, the leader in hot melt adhesive dispensing. -
In the 1980s, the company's first Latin American subsidiary was established in Brazil, and globalization continued. By the end of this century, international sales will account for more than 50% of the company's annual revenue of 250 million dollars. -
In the 1990s, Nordson continued to achieve organic growth through acquisitions. The acquisition of Slautterback Corporation, Veritec Technologies and J&M Laboratories helped establish the company's adhesive distribution function in global product assembly, packaging, processing and nonwoven applications. -
The company also began to expand its business in the rapidly developing high-tech and electronic industries. From 1996 to 2000, the company made strategic acquisitions in this key area, including: Spectral Technology Group in 1996; Advanced Plasma Systems in 1996; Asymmtek in 1996; Horizon Lamps Inc. in 1999; March Instruments Inc. in 1999; and EFD Inc. in 2000. These acquisitions are still the core of advanced technology of Nuoxin. -
In 1997, Bill Madar retired as CEO and served as Chairman, Edward P. Campbell served as CEO, and Eric Nord remained on the Board of Directors. By the end of this decade, the sales volume had exceeded 500 million US dollars, and subsidiaries had been established in China and India. -
In 2004, the manufacturer W The acquisition of Puffe Technologies has expanded Nuoxin's existing technical base in adhesive systems, and also increased the opportunity to enter the European market. -
The acquisition of Dage Holdings and Yestech in 2007 enabled Nordson to enter a new market area, namely, electronic testing and detection, which greatly supplemented the existing dispensing function of the company. -
Co founders Evan and Eric Nord died in 2004 and 2008 respectively. -
In 2010, Ed Campbell retired as CEO and Michael F. Hilton took over. Hilton has brought more attention to corporate strategy, organic growth opportunities, M&A strategy, talent cultivation and continuous improvement. The company has consolidated its position as a global leader in precision technology solutions and identified two new growth areas, including medical treatment and polymer processing. -
In the medical field, the acquisition of Micromedia, a global leader in the distribution of biomaterials, Value Plastics, a leader in medical fluid flow control, and Avalon, a supplier of catheters and tubing, has laid a solid foundation. In the field of polymer processing, Nordson has acquired Verbrggen, EDI, Xaloy Holdings and Kreyenborg/BKG to establish a key flow component product portfolio for plastic extrusion, injection molding, granulation and recycling applications. -
In November 2022, Nuoxin announced the completion of the acquisition of CyberOptics Corporation, a developer and manufacturer of high-precision 3D optical sensing technology headquartered in Minneapolis, Minnesota. -
On June 26, 2023, Nordson (NASDAQ stock code: NDSN) has signed a final agreement to acquire ARAG Group and its subsidiaries in an all cash transaction, valuing the enterprise value of ARAG at 960 million euros. ARAG has a strong financial position, which benefits from its leading innovation ability and favorable long-term growth trend in precision agriculture. ARAG expects to achieve sales of 155 million euros in fiscal year 2023. -
In August 2023, Nordson completed the acquisition of Italian ARAG Group with a full cash transaction of 960 million euros. -
On May 28, 2024, Nordson announced that it had signed an agreement to acquire the developer of medical infusion transportation technology with nearly 800 million dollars Atrion Corp. 。
Nordson Corporation (NDSN) US equity investment
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