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Category: News Release

HURST Jaws of Life® Introduces Industry’s First Watertight Battery-Powered Extrication Tool

Company News
April 11, 2019

Continuing in its tradition of firsts, HURST Jaws of Life® has launched the industry’s first watertight battery-powered extrication tool line, the HURST Jaws of Life eDRAULIC® EWXT.

The company’s EWXT water-resistant casing debuts in three tools, which also feature a new brushless motor for greater efficiency and longer run time.

“The launch of the HURST Jaws of Life eDRAULIC EWXT battery-powered, watertight tool line provides the industry with another first from HURST, as we continue to bring first responders rescue tools that make what was once seemingly impossible now possible,” said Ellie Mulcahy, general manager of HURST Jaws of Life, part of the IDEX Fire & Safety group.

“This innovative underwater rescue tool solution aligns with the IDEX Fire & Safety platform to accelerate our position as the global market leader for electro hydraulic rescue tools,” Mulcahy said

The debut of EWXT technology comes in three tools: S 788EWXT Cutter, SP 555EWXT Spreader and R 521EWXT Ram.

Additionally, HURST Jaws of Life® expanded its battery-powered eDRAULIC® rescue tool line with the    R 422E2 Ram, whose 59.1-inch extended length gives first responders the longest extension in the industry.

“The R 422E2’s telescopic, 59.1-inch reach and eDRAULIC power bring portability and performance to first responders on the scene,” said Bruce Johnston, director of marketing and product management for HURST Jaws of Life. “We continually look for solutions that will help first responders get to the patient quickly in every situation. Our Voice of Customer research showed us that end users sometimes require further reach in a Ram, and the R 422E2 delivers combined reach and power like no other tool on the market.”

HURST will debut the products at FDIC international this week, the world’s largest firefighter training and expo. Held in Indianapolis, FDIC is attended by more than 34,000 fire and rescue professionals from more than 65 countries around the world.

 

Black Enterprise Magazine Selects Denise Cade to 2019 Most Powerful Women in Business List

Company News
February 27, 2019

Lake Forest, IL, (February 27, 2019) – Black Enterprise magazine announced that it has selected Denise Cade, senior vice president, general counsel and corporate secretary of IDEX Corporation (NYSE:IEX), to the publication’s 2019 Most Powerful Women in Business list.

The magazine’s exclusive listing of the highest-ranking and most influential African American female executives appears in the first quarter 2019 edition and online. Black Enterprise will formally honor Cade during its Women of Power Summit, March 2 at The Mirage in Las Vegas.

“The legal expertise and leadership Denise contributes to our organization is a tremendous asset to IDEX, something Black Enterprise clearly recognizes in her as well,” Chairman and CEO Andrew Silvernail said. “We are fortunate to have her as part of our senior leadership team and are thrilled for her to receive this honor.”

Last year, Savoy magazine named Cade to its 2018 Most Influential Black Lawyers in recognition of her distinguished legal career and outstanding commitment to the community.

Cade has a long and esteemed legal career. She joined IDEX in 2015 from SunCoke Energy, where she held the role of senior vice president, general counsel, corporate secretary and chief compliance officer. Prior to SunCoke, she worked for PPG Industries, Inc. based in Pittsburgh in several different roles, including general counsel of the Glass and Fiber Glass Division, chief M&A counsel, chief securities & finance counsel, and assistant general counsel & corporate secretary. She started her career in private practice in Washington, D.C.

Cade holds a bachelor’s degree in journalism from Marquette University and a juris doctorate from Georgetown University Law Center. She devotes time to organizations that prioritize the professional development and advancement of women and people of color, including The Chicago Network, where she serves on the Board of Directors, The Executive Leadership Council, The Executives’ Club of Chicago, and the Georgetown Law Alumni Board.

IDEX Reports Record Fourth Quarter and Full Year 2018 Results

News Release
January 29, 2019

LAKE FOREST, Ill.–(BUSINESS WIRE)–Jan. 29, 2019– IDEX Corporation (NYSE: IEX) today announced its financial results for the three- and twelve- month periods ended December 31, 2018.

Full Year 2018 Highlights

  • Orders were up 7 percent overall and 6 percent organically
  • Sales were up 9 percent overall and 8 percent organically
  • Reported operating margin was 22.9 percent with adjusted operating margin of 23.4 percent, up 150 bps
  • Reported EPS was $5.29 with adjusted EPS of $5.41, up 26 percent
  • Repurchased 1.3 million shares of common stock for $174 million
  • Acquired Finger Lakes Instrumentation and the intellectual property assets of Phantom Controls

View Full Report at IDEXCorp.com: https://investors.idexcorp.com/news-releases/news-release-details/idex-reports-record-fourth-quarter-and-full-year-2018-results-q4

IDEX Corporation to Webcast Fourth Quarter 2018 Earnings Call

News Release
January 2, 2019

LAKE FOREST, Ill.–(BUSINESS WIRE)–Jan. 2, 2019– IDEX CORPORATION (NYSE:IEX) announced today that it has scheduled the broadcast of the company’s fourth quarter earnings conference call over the Internet on Wednesday, January 30, 2019 at 9:30 a.m. CT. Chairman and Chief Executive Officer Andrew Silvernail and Senior Vice President and Chief Financial Officer, William Grogan will discuss the company’s fourth quarter 2018 financial performance and respond to questions from the financial community.

IDEX invites interested investors to listen to the call and view the presentation slides, which will be available on its website: idexcorp.com. To hear the live call, log on to the site several minutes before the discussion begins. After clicking on the presentation icon, follow the instructions to ensure your system is set up for the event, or download the correct applications at no charge. An archive of the webcast will be available through the IDEX website after the call. An audio replay of the call is also available through midnight, February 28, 2019 by dialing 877.660.6853 or (201.612.7415) for international participants using conference code # 13675421.

About IDEX

IDEX (NYSE: IEX) is a company that has undoubtedly touched your life in some way. In fact, IDEX businesses make thousands of products that are mission-critical components in everyday activities. Chances are the car you’re driving has a BAND-IT® clamp holding your side airbag safely in place. If you were ever in a car accident, a Hurst Jaws of Life® rescue tool may have saved your life. If you or a family member is battling cancer, your doctor may have tested your DNA in a quest to find the best targeted medicine for you. It’s likely your DNA test was run on equipment that contains components made by our growing IDEX Health & Science team. Founded in 1988 with three small, entrepreneurial manufacturing companies, we’re proud to say that we now call 40 diverse businesses around the world part of the IDEX family. With 7,000 employees and manufacturing operations in more than 20 countries, IDEX is a high-performing, global $2+ billion company committed to making trusted solutions that improve lives. IDEX shares are traded on the New York Stock Exchange under the symbol “IEX”.

For further information on IDEX Corporation and its business units, visit the company’s website at idexcorp.com

Source: IDEX Corporation

IDEX Corporation
William K. Grogan
Senior Vice President and Chief Financial Officer
847.498.7070

IDEX Corporation Declares Regular Quarterly Cash Dividend

News Release
December 7, 2018

LAKE FOREST, Ill.–(BUSINESS WIRE)–Dec. 6, 2018– IDEX CORPORATION (NYSE:IEX) today announced that its Board of Directors has approved a regular quarterly cash dividend of $0.43 per common share. The next dividend will be paid January 30, 2019 to shareholders of record as of January 15, 2019. This dividend represents the company’s 97th consecutive regular quarterly cash dividend payment.

About IDEX

IDEX (NYSE: IEX) is a company that has undoubtedly touched your life in some way. In fact, IDEX businesses make thousands of products that are mission-critical components in everyday activities. Chances are the car you’re driving has a BAND-IT® clamp holding your side airbag safely in place. If you were ever in a car accident, a Hurst Jaws of Life® rescue tool may have saved your life. If you or a family member is battling cancer, your doctor may have tested your DNA in a quest to find the best targeted medicine for you. It’s likely your DNA test was run on equipment that contains components made by our growing IDEX Health & Science team. Founded in 1988 with three small, entrepreneurial manufacturing companies, we’re proud to say that we now call 40 diverse businesses around the world part of the IDEX family. With 7,000 employees and manufacturing operations in more than 20 countries, IDEX is a high-performing, global $2+ billion company committed to making trusted solutions that improve lives. IDEX shares are traded on the New York Stock Exchange under the symbol “IEX”.

For further information on IDEX Corporation and its business units, visit the company’s website at idexcorp.com.

IDEX Reports Record Third Quarter Results; Q3 Sales up 8 Percent Overall and 9 Percent Organically

News Release
October 23, 2018

LAKE FOREST, Ill.–(BUSINESS WIRE)–Oct. 23, 2018– IDEX Corporation (NYSE: IEX) today announced its financial results for the three month period ended September 30, 2018.

Third Quarter 2018 Highlights

  • Orders were up 7 percent overall and 8 percent organically
  • Sales were up 8 percent overall and 9 percent organically
  • Reported operating margin was 23.3 percent with adjusted operating margin of 24.0 percent, up 200 bps
  • Reported EPS was $1.37 with adjusted EPS of $1.41, up 31 percent

 

View Full Report at IDEXCorp.com: https://investors.idexcorp.com/news-releases/news-release-details/idex-reports-record-third-quarter-results-q3-sales-8-percent

IDEX Corporation to Webcast Third Quarter 2018 Earnings Call

News Release
September 28, 2018

LAKE FOREST, Ill.–(BUSINESS WIRE)–Sep. 27, 2018– IDEX CORPORATION (NYSE:IEX) announced today that it has scheduled the broadcast of the company’s third quarter earnings conference call over the Internet on Wednesday, October 24, 2018 at 9:30 a.m. CT. Chairman and Chief Executive Officer Andrew Silvernail and Senior Vice President and Chief Financial Officer, William Grogan will discuss the company’s third quarter 2018 financial performance and respond to questions from the financial community.

IDEX invites interested investors to listen to the call and view the presentation slides, which will be available on its website: idexcorp.com. To hear the live call, log on to the site several minutes before the discussion begins. After clicking on the presentation icon, follow the instructions to ensure your system is set up for the event, or download the correct applications at no charge. An archive of the webcast will be available through the IDEX website after the call. An audio replay of the call is also available through midnight, November 24, 2018 by dialing 877.660.6853 or (201.612.7415) for international participants using conference code # 13675421.

About IDEX

IDEX (NYSE: IEX) is a company that has undoubtedly touched your life in some way. In fact, IDEX businesses make thousands of products that are mission-critical components in everyday activities. Chances are the car you’re driving has a BAND-IT® clamp holding your side airbag safely in place. If you were ever in a car accident, a Hurst Jaws of Life® rescue tool may have saved your life. If you or a family member is battling cancer, your doctor may have tested your DNA in a quest to find the best targeted medicine for you. It’s likely your DNA test was run on equipment that contains components made by our growing IDEX Health & Science team. Founded in 1988 with three small, entrepreneurial manufacturing companies, we’re proud to say that we now call 40 diverse businesses around the world part of the IDEX family. With 7,000 employees and manufacturing operations in more than 20 countries, IDEX is a high-performing, global $2+ billion company committed to making trusted solutions that improve lives. IDEX shares are traded on the New York Stock Exchange under the symbol “IEX”.

 

IDEX Corporation
William K. Grogan
Senior Vice President
Chief Financial Officer
847.498.7070

IDEX Corporation Named One of America’s Most Trustworthy Companies

News Release
September 17, 2018

LAKE FOREST, Ill.–(BUSINESS WIRE)–Sep. 17, 2018– IDEX Corporation (NYSE: IEX) today announced that the company has been named as one of the nation’s most trustworthy companies.

IDEX was one of only 53 large cap companies selected to the annual list of the Most Trustworthy Public Companies in the United States by TGF Analytics. IDEX is the only industrial manufacturing company to make the coveted list which includes well-known companies like Apple, Home Depot, Walt Disney World and Boeing.

According to TGF, “trust is a keystone to all good relationships— those between investor and the company in which the investment is placed, between creditors and the recipients of credit, between customers and businesses they patronize, employees and the workplace, suppliers and with whom they contract, and more.”

To develop the list, TGF Analytics evaluated more than 1,500 publicly traded companies across dozens of key metrics including financial governance, quality of earnings, environmental, social, and governance (ESG) factors, and relative risk. Only companies that receive A+ ratings are in consideration for the annual list. Less than 5 percent of publicly traded companies earned an A+ Trust Rating from TGF Analytics.

“At IDEX, there is nothing more important to us than earning and keeping the trust of our customers, investors, employees and community members. Our mission is, and always has been, to develop trusted solutions that improve lives so receiving a recognition like this that validates our work as a trusted partner is particularly meaningful,” said IDEX Chairman and CEO Andy Silvernail.

About IDEX

IDEX (NYSE: IEX) is a company that has undoubtedly touched your life in some way. In fact, IDEX businesses make thousands of products that are mission critical components in everyday activities. Chances are, the car you’re driving has a BAND-IT® clamp holding your side airbag safely in place. And if you were ever in a car accident, a Hurst Jaws of Life® rescue tool may have saved your life. If you or a family member is battling cancer, your doctor may have tested your DNA in a quest to find the best targeted medicine for you. It’s likely your DNA test was run on equipment that contains components made by our growing IDEX Health & Science team. Founded in 1988 with three small, entrepreneurial manufacturing companies, we’re proud to say that we now call 40 diverse businesses around the world part of the IDEX family. With 7,000 employees and manufacturing operations in more than 20 countries, IDEX is a high-performing, global $2+ billion company committed to making trusted solutions that improve lives. For more information, visit idexcorp.com.

IDEX Corporation Declares Regular Quarterly Cash Dividend

News Release
September 14, 2018

LAKE FOREST, Ill.–(BUSINESS WIRE)–Sep. 13, 2018– IDEX CORPORATION (NYSE:IEX) today announced that its Board of Directors has approved a regular quarterly cash dividend of $0.43 per common share. The next dividend will be paid October 31, 2018 to shareholders of record as of October 16, 2018. This dividend represents the company’s 96th consecutive regular quarterly cash dividend payment.

About IDEX

IDEX (NYSE: IEX) is a company that has undoubtedly touched your life in some way. In fact, IDEX businesses make thousands of products that are mission-critical components in everyday activities. Chances are the car you’re driving has a BAND-IT® clamp holding your side airbag safely in place. If you were ever in a car accident, a Hurst Jaws of Life® rescue tool may have saved your life. If you or a family member is battling cancer, your doctor may have tested your DNA in a quest to find the best targeted medicine for you. It’s likely your DNA test was run on equipment that contains components made by our growing IDEX Health & Science team. Founded in 1988 with three small, entrepreneurial manufacturing companies, we’re proud to say that we now call 40 diverse businesses around the world part of the IDEX family. With 7,000 employees and manufacturing operations in more than 20 countries, IDEX is a high-performing, global $2+ billion company committed to making trusted solutions that improve lives. IDEX shares are traded on the New York Stock Exchange under the symbol “IEX”.

For further information on IDEX Corporation and its business units, visit the company’s website at idexcorp.com

Contacts

IDEX Corporation
William K. Grogan
Senior Vice President
Chief Financial Officer
847.498.7070

IDEX Corporation (NYSE: IEX) today announced its financial results for the three month period ended June 30, 2018.

News Release
July 25, 2018

Second Quarter 2018 Highlights

  • Orders were up 9 percent overall and 8 percent organically
  • Sales were up 11 percent overall and 9 percent organically
  • Reported operating margin was 23.3 percent with adjusted operating margin of 23.6 percent, up 180 bps
  • Reported EPS was $1.38 with adjusted EPS of $1.40, up 30 percent
  • Full year adjusted EPS guidance raised to $5.27 to $5.35

 

Please visit this link to read the full Q2 earnings release on our Investor Relations site.

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