Nordson Corporation Explained

Nordson Corporation
Type:Public
Founder:Walter G. Nord
Location City:Westlake, Ohio
Location Country:U.S.
Area Served:Global
Key People:Sundaram Nagarajan (president & CEO)
Michael F. Hilton (Senior Advisor)
Products:Precision Dispensing Equipment, Testing and Inspection Equipment, Surface Preparation and Curing Equipment
Revenue: (2020)
Owner:Nord family descendants (9.1%) [1]
Num Employees:6,813 (October 31, 2021)

Nordson Corporation is an American multinational corporation that designs and manufactures dispensing equipment for consumer and industrial adhesives, sealants and coatings. The company also manufactures equipment used in the testing and inspection of electronic components, technology-based systems for curing and surface treatment processes as well as medical devices and component technologies. The company is headquartered in Westlake, Ohio,[2] and has direct operations and sales-support offices in approximately 30 countries.

Nordson Corporation has eight divisions:

  1. Nordson Electronic Solutions
  2. Nordson Test & Inspection
  3. Nordson Efd
  4. Nordson Medical
  5. Nordson Measurement & Control
  6. Nordson Polymer Processing Systems
  7. Nordson Adhesive Dispensing Systems
  8. Nordson Industrial Coating Systems

Acquisitions

In November 2022, it was announced Nordson Corporation had completed the acquisition of the Minneapolis, Minnesota-headquartered developer and manufacturer of high-precision 3D optical sensing technology, CyberOptics Corporation.[3]

In August 2023, Nordson completed the acquisition of ARAG Group of Italy for €960 million in an all-cash deal.[4]

Awards

IndustryWeek

In 2008, Nordson's assembly facility in Swainsboro, Georgia (with a staff of 67 employees) was the subject of a "Best Plants" profile by IndustryWeek magazine.[5]

SMT Magazine

Nordson EFD won the 2010 SMT Vision Award for its UltimusTM V High-precision Dispenser.[6]

Intel

Nordson ASYMTEK received an Intel Corporation’s Preferred Quality Supplier (PQS) award in 2009.[7]

NEO

In 2012, it received a Northeast Ohio Success Award from Inside Business magazine.[8]

Notes and References

  1. https://www.sec.gov/Archives/edgar/data/72331/000119312522014430/d217367ddef14a.htm#toc217367_15 2022 Proxy statement
  2. News: Funk. John. Nordson Corp. of Westlake opens new 'green' headquarters. October 24, 2015. Cleveland.com. Northeast Ohio Media Group. January 31, 2011.
  3. Web site: Evertiq - Nordson completes acquisition of CyberOptics . 2022-11-04 . evertiq.com . en.
  4. News: . Nordson Corporation Completes Acquisition of ARAG, Entering the Attractive Precision Agriculture Market . Yahoo! Finance . 24 August 2023 . 14 February 2023. none.
  5. http://www.industryweek.com/articles/nordson_swainsboro_assembly_facility_iw_best_plants_profile_2008_18034.aspx Industry Week, Best Plants Profile 2008
  6. Web site: SMT Magazine . 2010-07-09 . https://web.archive.org/web/20100502100251/http://www.electroiq.com/index/display/smt-article-display/1473592333/articles/smt/surface-mount_technology/industry-news/2010/april/one.html . 2010-05-02 . dead .
  7. http://www.intel.com/pressroom/archive/releases/2010/20100303corp_a.htm Intel Press Room
  8. News: Keirn. Jennifer. NEO Success Awards 2012: Nordson Corp.. October 24, 2015. IBmag.com. March/April 2012. Inside Business.