30 Most Valuable Companies to Watch 2020
In most people's minds there is no scarier diagnosis than that of cancer. Cancer is often thought of as an untreatable, unbearably painful disease with no cure. However popular this view of cancer may be, it is exaggerated and over-generalized. Cancer is undoubtedly a serious and potentially life-threatening illness.
IDEX is a company you may not yet be familiar with that has undoubtedly touched your life in some way. In fact, the company makes thousands of products that are mission critical components in everyday life.
If you or a family member is battling cancer or another life-threatening disease, 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 its IDEX Health & Science team.
You can enjoy fresh fruits and vegetables thanks in part to Banjo, an IDEX company. Banjo valves are used on the agriculture sprayers that apply fertilizer on crops.
And if you were ever in a car accident, the Hurst Jaws of Life® may have rescued you. With 7,000 employees and manufacturing operations in more than 20 countries, IDEX is a high-performing, global enterprise committed to making trusted solutions that improve lives.
IDEX is a large and growing company. Founded in 1988 with three small, entrepreneurial manufacturing companies, its first year sales were just $209 million. It is proud to say that it is now has 40 diverse businesses around the world as part of the IDEX family. By growing its existing businesses and acquiring new ones, the company is now having total company sales of more than $2 billion.
The company is a highly autonomous, inquisitive company with a culture where its businesses are empowered to design and build products and solutions that solve their customers’ most challenging problems. The firm intends to keep it that way. From leak detection within water infrastructure to enabling the push toward personalized medicine, IDEX is a leader in creating enabling technology.
The firm says, “We aren’t racing to be the biggest company, just the best— the undisputed market leader in the many niche markets where we compete. To do this, we are committed, together with our employees, customers and shareholders, to making trusted solutions that improve lives. Regardless of how much we grow, we will keep this mission as our North Star, guiding the decisions and choices we make along the way.”
Fluid & Metering Technologies
IDEX Fluid & Metering Technologies businesses design, produce, and distribute positive displacement pumps, valves, flow meters, and injectors, while also providing flow monitoring and other services for the chemical, general industrial, water & wastewater, agriculture, food, and energy industries. Fluid & Metering Technologies’ application-specific products provide solutions to most any fluid handling need.
IDEX Fluid & Metering Technologies are precision engineered pumps, meters and systems that move, measure and manage high value liquids, gases, and solids. Within the pump and flow metering world, its businesses are recognized for their expertise in the precise handling of corrosive, abrasive, viscous, extreme temperature, fine particle, and many other challenging applications. Core capabilities support worldwide growth in the process industries, particularly infrastructure-related markets like alternative fuels, chemical processing, and water treatment, as well as a growing range of highly-precise sanitary applications within the pharmaceutical and food & beverage industries.
With operations on six continents, its Fluid and Metering Technologies businesses work continuously with customers to develop the right applied solution to meet their specifications, anywhere in the world.
Health & Science Technologies
IDEX Health & Science Technologies produces and distributes a wide range of precision fluidics, rotary lobe pumps, centrifugal and positive displacement pumps, roll compaction and drying systems used in beverage, food processing, pharmaceutical, and cosmetics, pneumatic components and sealing solutions, including very high precision, low-flow rate pumping solutions required in analytical instrumentation, clinical diagnostics, and drug discovery, high performance molded and extruded sealing components, biocompatible medical devices and implantables, air compressors used in medical, dental, and industrial applications, optical components and coatings for applications in the fields of scientific research, defense, biotechnology, aerospace, telecommunications, and electronics manufacturing, laboratory and commercial equipment used in the production of micro and nano scale materials, precision photonic solutions used in life sciences, research, and defense markets, and precision gear and peristaltic pump technologies that meet exacting original equipment manufacturer specifications.
Fire & Safety
IDEX Fire & Safety businesses are a group of diverse, specialty manufacturers of highly-engineered solutions that solve mission critical problems within fire & safety, fire suppression, rescue, and municipal markets. These businesses are committed to customer satisfaction, and shows that commitment through a broad portfolio of innovative, quality products, and services.
Trusted and recognized worldwide, IDEX Fire & Safety’s leading brands are: Akron Brass, AWG, Class 1, Dinglee, Hale, Hurst Jaws of Life®, Godiva, LUKAS, Vetter, and Weldon. Product offerings include: truck-mounted fire pumps, valves, monitors and controls, nozzles, lighting, appliances, and rescue and recovery tools.
Greet the luminary
Mark A. Beck served as President and Chief Executive Officer of JELD-WEN Holding, Inc. (JELD-WEN), one of the world’s largest door and window manufacturers, from November 2015 to February 2018, and was a director of JELD-WEN from May 2016 to February 2018. Prior to JELD-WEN, Mr. Beck served as an Executive Vice President at Danaher Corporation, leading Danaher’s water quality and dental programs, beginning in April 2014. Before that, he spent 18 years with Corning Incorporated in a series of management positions, culminating in his appointment as Executive Vice President overseeing Corning’s environmental technologies and life science units in July 2012. Mr. Beck received a bachelor of arts degree in business management from Pacific University and a master of business administration degree from Harvard University. Mr. Beck is a director of Owens & Minor Inc.
“IDEX businesses make thousands of products that are mission-critical components in everyday activities.”