Standex International history

In 1964, Hogan's management team took Standard International public and began defining the product groups in which it believed the company had the most expertise and around which its acquisition strategy should coalesce.

Standex Electronics has a long company history of quality and excellence dating back to 1969, when Standex International purchased the Paul Smith Company.

1971: Master-Bilt Refrigeration Manufacturing Co. is purchased.

In a 1979 interview with Forbes magazine, Hogan, who had early on succeeded Bolten, Sr., as company president, described the "five laws" that guided Standex's acquisition policy during his tenure: 1.

Sales broke the $375 million mark in 1984, and for perhaps the first time in its 30-year history Standex had no money-losing businesses.

In 1985 the company debt-to-capital ratio fell to 20%. Hogan, after 37 years with Standex, stepped down as president passing the position to Thomas L. King.

1988: The firm acquires Custom Hoists Inc.

In mid-1995, Metal Products Manufacturing of Milwaukee, Oregon, was acquired to extend Standex's Snappy Air Distribution product line into the Pacific Northwest.

The firm's new strategy appeared to pay off when sales for 1998 reached a high of $616.2 million.

The company completed its restructuring efforts in 1999 with the sale of its Williams Healthcare Systems division.

Sales for fiscal 2001 fell by 5.8 percent over the previous year.

Standard Publishing was acquired by the Wicks Group in 2006.

In July 2020, Standex acquired Renco Electronics for $28 million.