Nordson Corporation is a major manufacturer and marketer of industrial materials such as adhesives, coatings, sealants, and biomaterials. The company has operations in more than 35 countries and a global sales and service network. With nearly 66 years of experience, Nordson has successfully developed long-standing relationships with thousands of customers in various end markets such as packaging, nonwovens, electronics, medical, appliances, energy, transportation, building, and construction. About 65% of its revenues are generated outside the U.S.
Nordson has three major segments - Adhesive Dispensing Systems (43% of FY19 revenue - Nonwovens, packaging, polymer processing, and product assembly end-markets), Advanced Technology Systems (45% - electronics systems, test and inspection, and medical fluid management) and Industrial Coating Systems (12% - cold materials, container coatings, curing and drying systems, etc.). It enjoys a leadership position in precision dispensing, fluid control and related technologies. Nordson has a technological edge over the competition with more than 2000 current and 930 pending product patents.
Investment Data
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