logo
Plus   Neg
Share
Email

Nordson Corp. Announces Strategic Business Realignment - Quick Facts

Nordson Corp. (NDSN) said it will reorganize into two businesses: Industrial Precision Solutions led by Gregory Merk, Executive Vice President, and Advanced Technology Solutions led by Jeffrey Pembroke, Executive Vice President. The IPS business combines the company's Adhesive Dispensing Systems and Industrial Coating Systems businesses.

Sundaram Nagarajan, CEO, said: "This realignment will make us more agile in accomplishing our long-term strategic priorities of accelerating organic growth, diversifying through acquisition, leveraging the Nordson Business System and focusing on talent development."

Nordson Corp. also announced the promotion of Stephen Lovass to lead a newly formed Strategy and Corporate Development Group.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Dole Fresh Vegetables, Inc. has recalled a limited number of cases of organic romaine hearts, citing the potential for Pathogenic non-O157 E. coli, according to the U.S. Food and Drug Administration. The recall involves Dole Organic Romaine Hearts and Wild Harvest Organic Romaine Hearts. There is a possible health risk from E. coli in the two products. Guitar Center Inc., a retailer of musical instruments, lessons, repairs and rentals, has filed for Chapter 11 bankruptcy reorganization, aiming to significantly reduce its debt and continue its business amid ongoing struggles following the coronavirus pandemic. The company, which operates nearly 300 stores across the U.S., expects to complete the process before the end of this year. Amazon is offering new "Spoiler Free" ways to keep gifts a surprise, as well as to track, receive and pick up orders this holiday season. According to the company, the new features would help customers to face the challenge of keeping those special gifts under wraps as many families are opting to stay home amid the coronavirus pandemic.
Follow RTT