erials, and for curing and drying of dispensed material. This segment primarily serves the consumer durables market. Cold Materials — Automated and manual dispensing products and systems used to apply multiple component adhesive and sealant materials in the general industrial and transportation manufacturing industries. Its markets include aerospace, alternative energy, appliances, automotive, building and construction, composites, electronics and medical. Container Coating — Automated and manual dispensing and curing systems used to coat and cure containers. Its markets include beverage containers and food cans. Curing and Drying Systems — Ultraviolet equipment used primarily in curing and drying operations for specialty coatings, semiconductor materials and paints. Its markets include electronics, containers, and durable goods products. Liquid Finishing — Automated and manual dispensing systems used to apply liquid paints and coatings to consumer and industrial products. Its main markets include automotive components, agriculture, construction, metal shelving and drums. Powder Coating — Automated and manual dispensing systems used to apply powder paints and coatings to various metal, plastic and wood products. Its main markets include agriculture and construction equipment, appliances, automotive components, home and office furniture, lawn and garden equipment, pipe coating, and wood and metal shelving. Strategy The company’s strategy for long-term growth is based on solving customers’ needs worldwide. Research and Development The company’s research and development expenses were approximately $47,536 in 2014. Seasonality The highest volume of the company’s sales occurs in fourth quarter due in large part to the timing of customers’ capital spending programs. Accordingly, first quarter sales volume is typically the lowest of the year due to timing of customers’ capital spending programs and customer holiday shutdowns. Intellectual Property As of October 31, 2014, the company held 534 United States patents and 1,181 foreign patents. It also had 241 United States patent applications pending and 990 foreign patent applications pending. The company also owns trademarks in the United States and foreign countries, including registered trademarks for Nordson, Asymtek, Dage, EFD, Micromedics, Value Plastics, and Xaloy and various common law trademarks which are important to its business, inasmuch as they identify Nordson and products to customers. As of October 31, 2014, the company had a total of 1,633 trademark registrations in the United States and in various foreign countries. History Nordson Corporation was founded in 1935.
nordson corp (NDSN:NASDAQ GS)
28601 Clemens Road
Westlake, OH 44145
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