Innovent Named as 2009 Platinum Source Preferred Supplier
Recognized for on-Time Delivery, Product Quality, Customer
Satisfaction and Lean Production Practices
Jun. 11, 2010 (Business Wire) -- Standex International Corporation (NYSE:SXI) today announced that its Engraving Solutions’ Innovent brand has been recognized by aerospace and defense leader Northrop Grumman as a Platinum Source Preferred supplier for 2009. This prominent award, recently announced at Northrop Grumman’s annual awards banquet held in Los Angeles, acknowledges Innovent’s on-time delivery, product quality, customer satisfaction and efficient lean production practice in support of the mission-critical F/A-18E/F/G fighter program. Having supported this strategic military program since 1994, Innovent played a key role in helping Northrop Grumman develop the parts and production processes necessary for high quality and on-time delivery. This is the fourth Platinum Source Preferred Award received from Northrop Grumman and represents Innovent’s consistent high level of product and service performance.
“We are excited to receive this prestigious award from Northrop Grumman, a leading global aerospace and defense organization,” said Phil Whisman, Group Vice President, Standex Engraving Group. “Innovent’s aerospace vents, honeycomb structures, core formers and core forming systems are market leaders in product quality and mission critical solutions. Innovent, along with Engraving Solutions’ other brands, including Roehlen Engraving, I R International, Mold-Tech, Mullen Testers, B.F. Perkins, and Eastern Engraving, epitomize outstanding customer service and superior product quality and performance.”
Innovent is a leading engineering and manufacturing company delivering innovative solutions to core forming, aerospace and industrial customers worldwide.
About the Standex Engraving Group
Standex Engraving is the world leader and the only truly global resource in texturizing and digital engraving. Long known for the quality texturizing solutions it delivers under the Roehlen Embossing and Mold-Tech banners, the Company expanded its industry leadership position in July with its purchase of the business assets and intellectual property of Richmond, Virginia-based I R International, Inc., a producer of engraved embossing rolls, plates and Gravere cylinders. Standex Engraving excels at shortening the supply chain for global OEMs as a single source texturizing supplier and providing consumer products with the right surface finish. The Group has established a worldwide network of manufacturing centers and design studios to provide uniform engravings for countless applications and positioned itself as the leader in digital engraving technology providing customized texturizing solutions. For more information, visit the Group’s website at www.standexengraving.com
About Standex
Standex International Corporation is a multi-industry manufacturer in five broad business segments: Food Service Equipment Group, Air Distribution Products Group, Engineering Technologies Group, Engraving Group and the Electronics and Hydraulics Products Group with operations in the United States, Europe, Canada, Australia, Singapore, Mexico, Brazil and China. For additional information, visit the Company's website at www.standex.com.
About Northrop Grumman
Northrop Grumman Corporation is a leading global security company whose 120,000 employees provide innovative systems, products, and solutions in aerospace, electronics, information systems, shipbuilding and technical services to government and commercial customers worldwide.
