About Nordson

Nordson Corporation operates as a precision technology company. The company engineers, manufactures, and markets differentiated products and systems used for precision dispensing, applying, and controlling of adhesives, coatings, polymers, sealants, biomaterials, and other fluids; to test and inspect for quality; and to treat and cure surfaces and various medical products, such as catheters, cannulas, medical balloons, and medical tubing. These products are supported with extensive application expertise and direct global sales and service. The company serves a wide variety of consumer non-durable, consumer durable and technology end markets, including packaging, electronics, medical, appliances, energy, transportation, precision agriculture, building and construction, and general product assembly and finishing. The company's strategy for long-term growth is based on solving customers' needs globally. Its products are marketed through a network of direct operations in more than 35 countries. Principal Products and Uses The company's precision technology can be found in manufacturing facilities around the world producing a wide range of goods for consumer durable, consumer non-durable and technology end markets. Equipment ranges from single-use components to manual, stand-alone units for low-volume operations to microprocessor-based automated systems for high-speed, high-volume production lines. The company markets its products globally, primarily through a direct sales force, and also through qualified distributors and sales representatives. The company has built a worldwide reputation for creativity and expertise in the design and engineering of high-technology application equipment that meets the specific needs of its customers. The company creates value for its customers by developing solutions that increase uptime, enable faster line speeds and reduce consumption of materials. The company serves a broad customer base, both in terms of industries and geographic regions. Segments The company operates through three segments, Industrial Precision Solutions, Medical and Fluid Solutions, and Advanced Technology Solutions. Industrial Precision Solutions This segment delivers proprietary dispensing and material processing technology, as well as measurement, inspection and control solutions to diverse end markets. Product line specific solutions reduce material consumption, increase line efficiency and enhance product quality and appearance. Technologies are used for processing polymers, inspection and measurement of food, tubing and films and dispensing adhesives, coatings, sealants, and other materials. This segment primarily serves the consumer durables, non-durables, agriculture and industrial markets. Industrial Coatings: Automated and manual dispensing products and systems for cold materials, container coating, liquid finishing, and powder coating, as well as ultraviolet equipment used primarily in curing and drying operations. Key strategic markets include beverage containers and food cans, electric battery, appliances, automotive, building and construction, composites, electronics and medical. Measurement and Control Solutions: In-line measurement sensors, gauges and analyzers using near-infrared, laser, X-ray, optical and nucleonic technologies, as well as proprietary algorithms and software. These precision applications ensure quality and reliability within the customers' manufacturing processes. Key strategic markets include consumer non-durable, film extrusion and converting, cable and tubing and energy storage. Nonwovens: Dispensing, coating, and laminating systems for applying adhesives, lotions, liquids and fibers to disposable products and continuous roll goods. Key strategic markets include adult incontinence products, baby diapers and child-training pants, hygiene products and surgical drapes, gowns, shoe covers and face masks. Packaging: Automated adhesive dispensing systems used in the rigid packaged goods industries. Key strategic markets include packaging for food and beverage, pharmaceutical and other consumer goods. Polymer Processing: Components and systems used in the thermoplastic and biopolymer melt stream in extrusion, injection molding, compounding, polymerization, and recycling processes. Key strategic markets include flexible packaging, electronics, medical, building and construction, transportation and aerospace, and general consumer goods. Precision Agriculture: On August 24, 2023, the company acquired ARAG Group, a global market and innovation leader in precision agriculture spraying solutions. Its portfolio consists of three key product families: fluid components, such as nozzles, pumps, and filters; smart components that measure and control the flow, quantity, and location of dispensed fluid; and control systems that provide a greater variety of input and functionality to the customer. This broad product portfolio is supported by differentiated software and data capabilities. Product Assembly: Dispensing, coating, and laminating systems for the assembly of plastic, metal, and wood products, for paper and paperboard converting applications and for the manufacturing of continuous roll goods. Key strategic markets include appliances, automotive components, building and construction materials, electronics, furniture, solar energy, and the manufacturing of bags, sacks, books, envelopes, and folding cartons. Medical and Fluid Solutions This segment includes fluid management solutions for medical, high-tech industrial and other diverse end markets. Medical: Components used for minimally invasive interventional delivery of medical devices, including cannulas, catheters, and medical balloons. Products also include proprietary single-use plastic components in medical applications, including biopharmaceutical, patient care/surgical and diagnostic systems. Fluid Management: Precision manual and semi-automated dispensers and highly engineered single-use plastic molded syringes, cartridges, tips, and fluid connection components. Products are used within critical industrial production processes and for applying and controlling the flow of adhesives, sealants, and lubricants. Key strategic markets include electronics, industrial and animal health. Advanced Technology Solutions This segment integrates the company's proprietary product technologies into the progressive stages of a customer's production processes, such as surface treatment, precisely controlled dispensing of material and pre and post-dispense test and inspection to ensure quality. This segment predominantly serves customers in the electronics end markets. Electronics Systems: Automated dispensing systems for high-speed, accurate application of a range of attachment, protection and coating fluids, and related gas plasma treatment systems for cleaning and conditioning surfaces prior to dispense. Key strategic markets include the breadth of the electronics industry manufacturing supply chain that produces semiconductor, printed circuit board assemblies and electronic components. Test and Inspection: Bond testing and automated optical, acoustic microscopy and x-ray inspection systems used in the semiconductor and printed circuit board industries. Key strategic markets include mobile phones, tablets, personal computers, wearable technology, liquid crystal displays, micro hard drives, microprocessors, printed circuit boards, flexible circuits, micro mechanical systems and semiconductor packaging. Acquisition On August 24, 2023, the company completed the acquisition of the ARAG Group and its subsidiaries (ARAG Group or ARAG) pursuant to the terms of the Sale and Purchase Agreement, dated as of June 25, 2023, by and among the company, its Italian subsidiary, Capvis Equity V LP (Capvis), DRIP Co-Investment (DRIP), and certain individuals (together with Capvis and DRIP, collectively, the Sellers). ARAG is a global market and innovation leader in the development, production and supply of precision control systems and smart fluid components for agricultural spraying. ARAG operates as a division of the company's Industrial Precision Solutions segment. Intellectual Property The company protects and promotes its intellectual property portfolio and takes those actions it deems appropriate to enforce its intellectual property rights and to defend its rights to sell its products both domestically and internationally. Although in the aggregate, its global portfolio of more than 2,100 granted and pending patents and more than 1,000 trademarks are valuable assets that are important to its operations. Research and Development For the year ended October 31, 2023, the company's research and development expenses included $71,400. History Nordson Corporation was founded in 1909. The company was incorporated in the state of Ohio in 1935.