News

Standex International Announces Divestiture of Enginetics Corporation

Standex International Corporation ("Standex") (NYSE: SXI) today announced that it has divested Enginetics Corporation, its jet engine components business, to Enjet Aero, LLC, a privately-held aerospace engine component manufacturing company, for approximately $11.5 million in cash. Enginetics generated approximately $9 million in revenue in the first nine months of fiscal 2021.

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