IDEX Corporation, together with its subsidiaries, provides applied solutions worldwide. The company operates through three segments: Fluid & Metering Technologies (FMT), Health & Science Technologies (HST), and Fire & Safety/Diversified Products (FSDP). The FMT segment designs, produces, and distributes positive displacement pumps, valves, small volume provers, flow meters, injectors, and other fluid-handling pump modules and systems, as well as flow monitoring and other services for the food, chemical, general industrial, water and wastewater, agricultural, and energy industries. The HST segment designs, produces, and distributes precision fluidics positive displacement pumps, powder and liquid processing technologies, drying systems, micro-precision components, pneumatic components and sealing solutions, high performance molded and extruded sealing components, custom mechanical and shaft seals, engineered hygienic mixers and valves, biocompatible medical devices and implantables, air compressors and blowers, optical components and coatings, laboratory and commercial equipment, and precision photonic solutions. This segment serves food and beverage, life sciences, analytical instruments, pharmaceutical and biopharmaceutical, industrial, semiconductor, automotive/transportation, medical/dental, energy, cosmetics, marine, chemical, wastewater and water treatment, research and aerospace/defense markets. The FSDP segment designs, produces, and distributes firefighting pumps, valves and controls, rescue tools, lifting bags, and other components and systems for the fire and rescue industry; engineered stainless steel banding and clamping devices for various industrial and commercial applications; and precision equipment for dispensing, metering, and mixing colorants and paints used in retail and commercial businesses. IDEX Corporation was incorporated in 1987 and is headquartered in Northbrook, Illinois.
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IDEX Corporation, a life-sciences manufacturer, has announced the closure of its Bristol facility, resulting in the layoff of more than 70 employees. This decision reflects ongoing adjustments within the company as it navigates current market conditions. The layoffs are part of a broader strategy to streamline operations and focus on core business areas. The specific reasons for the closure and layoffs were not detailed, but the company is expected to continue its operations in other locations. The affected employees will be notified as the closure date approaches.
IDEX Corporation has announced the closure of its facility in Bristol, Connecticut, resulting in the layoff of over 70 employees. This decision is part of the company's restructuring efforts aimed at improving operational efficiency. The layoffs are expected to take effect shortly as the company transitions away from its Bristol operations. IDEX Corporation has not specified the exact date for the layoffs but has indicated that they will occur soon. This move reflects broader trends in the life-sciences manufacturing sector, where companies are adjusting their workforce in response to changing market demands.
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