A Brief History of IDEX Corporation (IEX)

IDEX Corporation (IEX), originally known as "Illinois Decatur Corporation," was founded in 1988. The company was established with the vision of creating a diversified, highly engineered industrial products company. Over the years, IDEX has grown through a series of strategic acquisitions and organic growth, positioning itself as a leading player in the specialized industrial markets.

In the early years, IDEX focused on acquiring companies that specialized in fluid and metering technologies, health and science technologies, and fire and safety products. These acquisitions allowed IDEX to diversify its portfolio and enter new markets.

Key Milestones:

• 1988: IDEX Corporation is founded and makes its first acquisition, purchasing the Viking Pump Company. Viking Pump becomes one of IDEX’s most significant and enduring brands.
• 1995: IDEX goes public and is listed on the New York Stock Exchange under the ticker symbol IEX.
• 2000s: The company continues to expand through acquisitions, including the notable purchase of Gast Manufacturing Inc., a leading manufacturer of air-moving products, and Micropump, a pioneer in micro-annular gear technology.
• 2010: IDEX acquires Quadro Engineering, a premier provider of particle size reduction and processing equipment, further strengthening its position in the health and science sector.
• 2015: The company makes a significant acquisition of FTL Seals Technology, enhancing its capabilities in custom sealing solutions.
• 2020: IDEX acquires Flow Management Devices, LLC, a leader in small volume provers for the oil and gas markets, marking its foray into advanced flow measurement technologies.

Throughout its history, IDEX has remained committed to innovation and customer solutions. The corporation has continually reinvested in its core brands while exploring new technologies and applications.

Who Owns IDEX Corporation (IEX)

IDEX Corporation (NYSE: IEX) is a global company engaged in the development, design, and manufacture of fluidics systems and specialty engineered products. Understanding the ownership structure of IDEX Corporation provides insight into the company's operations, decision-making processes, and overall market perception.

Ownership in publicly traded companies like IDEX Corporation is typically split among various groups including institutional investors, mutual funds, private equity firms, and insider ownership. Below is a detailed breakdown of the ownership structure:

• Institutional Investors: A significant portion of IDEX Corporation’s shares are owned by institutional investors such as mutual funds, pension funds, and insurance companies. These entities hold a substantial amount of influence due to their large shareholdings and often engage in active governance practices.
• Mutual Funds and ETFs: Various mutual funds and exchange-traded funds (ETFs) own shares of IDEX Corporation, often as part of their diversified investment portfolios. This group tends to be less active in corporate governance compared to institutional investors.
• Insider Ownership: This includes shares owned by IDEX Corporation’s executives, board members, and other key personnel. Significant insider ownership can align the interests of the company’s leadership with those of its shareholders, but too much control can sometimes lead to conflicts of interest.
• Private Equity Firms: Although less common for a company of IDEX Corporation's size and public status, private equity firms could own a portion of the shares, often acquired through secondary markets.
• Retail Investors: Individual investors who buy shares of IDEX Corporation through brokerage accounts. Although individually small, collectively they can represent a considerable portion of the overall ownership.

Understanding the ownership breakdown is crucial for investors and stakeholders as it impacts corporate governance, voting outcomes, and overall strategic direction of IDEX Corporation.

IDEX Corporation (IEX) Mission Statement

The mission of IDEX Corporation is to deliver excellence by providing trusted solutions, innovative products, and exceptional service. By committing to these values, they strive to enhance their customers' business performance and create value for stakeholders.

IDEX Corporation focuses on three main pillars in its mission:

• Innovation: Constantly pursuing new technologies and advancements to offer superior products and solutions.
• Customer-Centric Approach: Prioritizing customer needs and building strong relationships to ensure mutual success.
• Integrity and Excellence: Upholding the highest standards of integrity and quality in everything they do.

Dedicated to making a positive impact, IDEX Corporation aligns its mission with its core values to drive growth and sustainability across its varied business segments.

How IDEX Corporation (IEX) Works

IDEX Corporation (IEX) is a diversified, multi-industry company that specializes in the development, manufacturing, and distribution of innovative products and engineered solutions. The company operates through several segments, each focusing on specialized markets and applications.

• Fluid & Metering Technologies: This segment provides products that ensure precise fluid handling, metering, and dispensing. It includes pumps, valves, flow meters, and related accessories used in a variety of industries such as water and wastewater treatment, energy, food and beverage, and pharmaceuticals.
• Health & Science Technologies: This division focuses on the medical, life sciences, and industrial markets, offering solutions for health diagnostics, medical devices, and scientific research. Products include precision syringe pumps, optics for analytical instruments, and custom fluidic manifolds.
• Fire & Safety/Diversified Products: This segment provides a range of firefighting and rescue equipment, as well as other diversified industrial products. Key offerings include firefighting pumps, apparatus valves, and rescue tools for emergency response teams.

Research and Development

• Innovation: IDEX places a strong emphasis on innovation, investing significantly in research and development (R&D) to create cutting-edge solutions that meet the evolving needs of their customers.
• Customer Collaboration: The company works closely with customers to understand their specific requirements and develop customized solutions that provide a competitive edge.

Global Operations

• Manufacturing Facilities: IDEX operates numerous manufacturing facilities across the globe, ensuring timely production and delivery of their products to customers in various regions.
• Supply Chain Management: The company maintains a robust supply chain to efficiently source raw materials and manage logistics, ensuring high-quality production standards and on-time delivery.

Sustainability

• Environmental Responsibility: IDEX is committed to sustainable practices, focusing on reducing their environmental impact through energy-efficient manufacturing processes and the development of eco-friendly products.
• Corporate Social Responsibility: The company also engages in various community outreach and philanthropic activities, supporting initiatives that enhance well-being and development in communities where they operate.

Financial Performance

• Revenue Streams: IDEX generates revenue from diversified sources across its various segments, providing financial stability and growth potential.
• Acquisitions: The company frequently acquires businesses that complement their existing portfolio, expanding their market presence and technological capabilities.

How IDEX Corporation (IEX) Makes Money

IDEX Corporation (IEX) is a diversified industrial company that provides a variety of innovative products and solutions across multiple industries. The company's revenue streams are primarily derived from the following sources:

• Fluid & Metering Technologies

The Fluid & Metering Technologies segment is one of the major revenue drivers for IDEX. This segment is involved in the production of high-precision pumps, flow meters, and other fluid handling devices. These products are utilized in various industries including chemical processing, water treatment, and food and beverages. By offering reliable and efficient fluid control solutions, IDEX ensures a steady inflow of revenue from customers who require consistent performance in their operations.

• Health & Science Technologies

In the Health & Science Technologies segment, IDEX focuses on creating advanced medical technologies, life sciences solutions, and optical components. This segment generates revenue through the sale of medical devices, laboratory equipment, and related components that are critical for healthcare providers, research institutions, and pharmaceutical companies. Innovation and adherence to stringent regulatory standards enable IDEX to maintain a strong market position in this high-growth sector.

• Fire & Safety/Diversified Products

The Fire & Safety/Diversified Products segment provides critical safety and rescue equipment, as well as a range of diversified industrial products. This includes firefighting pumps, rescue tools, signaling devices, and band clamping systems. Revenues in this segment are driven by the necessity for safety and compliance in various industries, as well as the ongoing need for maintenance and replacement of safety equipment. The company’s reputation for reliability and quality makes it a preferred supplier in this essential market.

Additional revenue is generated from the company's focus on aftermarket services and parts, which provide ongoing support and maintenance for their installed base of equipment. This forms a recurring revenue stream as customers seek to optimize the lifespan and performance of their IDEX products.