IDEX Corporation

IDEX Corporation manufactures and markets a wide array of engineered pumps and other industrial products. Its business units are leaders in their niche markets. The IDEX strategy of a shared vision has led to a 15% compound annual growth rate in sales since 1989, compared with 9% for its peer group, and a 16% growth rate in profits.

There are many reasons IDEX has become a great company - but it is a shared vision that will make it better, giving even more meaning to its name - Innovation, Diversity and Excellence.

COMPETITIVE ADVANTAGES
IDEX has grown in strong markets and maintained profitability in economic downturns because our shared vision created a number of competitive advantages.

MARKET/BRAND LEADERSHIP
IDEX companies have strong brands and hold either the #1 or strong #2 position in their markets.

In addition, IDEX is the world's leader in:

• Positive displacement pumps
• Color formulation equipment
• Fire truck pumps and rescue tools
• Stainless steel banding and clamping devices

NEW PRODUCT DEVELOPMENT
About 25% of IDEX's annual revenues come from products introduced or totally redesigned in the last four years.

SIX SIGMA
Six Sigma is a business practice that enables IDEX to deliver the ultimate in quality products and services. Six Sigma starts with identifying what is important to customers, then improving upon these Critical to Quality (CTQ) issues.

DIVERSE MARKETS
IDEX has operations in 10 countries but the company sells its products in more than 100 because of strong distributor relationships. This has helped IDEX increase international sales from 24% of total 13 years ago to 40% currently.

STRONG CASH FLOW
High levels of EBITDA (earnings before interest, taxes, depreciation and amortization) give IDEX the financial flexibility to fund growth while reducing debt.