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Company type | Public |
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Founded | 1954 |
Founder | Walter G. Nord |
Headquarters | , U.S. |
Area served | Global |
Key people | |
Products | Precision Dispensing Equipment, Testing and Inspection Equipment, Surface Preparation and Curing Equipment |
Revenue | ![]() |
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Total assets | ![]() |
Total equity | ![]() |
Owner | Jane B. Nord (5.2%) [1] |
Number of employees | 8,000 (2024) |
Website | nordson |
Footnotes /references Financials as of October 31,2024 [update] . [2] |
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, [3] and has direct operations and sales-support offices in approximately 30 countries.
Nordson Corporation has nine divisions:
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. [4]
In August 2023, Nordson completed the acquisition of ARAG Group of Italy for €960 million in an all-cash deal. [5]
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. [6]
Nordson EFD won the 2010 SMT Vision Award for its UltimusTM V High-precision Dispenser. [7]
Nordson ASYMTEK received an Intel Corporation’s Preferred Quality Supplier (PQS) award in 2009. [8]
In 2012, it received a Northeast Ohio Success Award from Inside Business magazine. [9]
Nordson Corporation is headquartered in Westlake, Ohio, U.S., with its Global Headquarters located at 28601 Clemens Road, Westlake, Ohio 44145-4551. [10] The company operates globally and comprises nine distinct divisions, each serving unique industry sectors: [11]
Nordson’s corporate culture emphasizes ethical behavior, innovation, and sustainable growth, aligning with its philosophy of being “a self-renewing global organization” that supports employees, customers, shareholders, and communities alike. [12]
These divisions support a diverse, global operation with facilities and sales-support offices in approximately 30 countries. [13]
The company embraces a long-standing philosophy of being “a vital, self-renewing global organization that produces and grows wealth for our employees, customers, shareholders and communities within the framework of ethical behavior and enlightened citizenship.” This philosophy remains central to its operations and governance practices. [14] [15]
The Board of Directors upholds this foundation by regularly reviewing corporate governance policies, guidelines, and ethical standards to ensure transparency and accountability. [16]
Key financial trends for Nordson Corporation are based on fiscal years ending October 31: [17]
Year | Revenue (USD Billion) | Gross Profit (USD Billion) | Net Income (USD Billion) |
---|---|---|---|
1994 | 0.5067 | 0.3122 | 0.0467 |
2000 | 0.7406 | 0.4383 | 0.0546 |
2005 | 0.8392 | 0.4679 | 0.0783 |
2010 | 1.0400 | 0.6216 | 0.1681 |
2015 | 1.6900 | 0.9140 | 0.2111 |
2020 | 2.1200 | 1.1300 | 0.2495 |
2021 | 2.3600 | 1.3200 | 0.4543 |
2022 | 2.5900 | 1.4300 | 0.5131 |
2023 | 2.6300 | 1.4300 | 0.4875 |
2024 | 2.6900 | 1.4900 | 0.4673 |