The company also announced the promotion of Stephen P. Lovass to lead a newly formed Strategy and Corporate Development Group.
Nagarajan continued, “One of the company’s most significant opportunities for growth lies in diversifying our business portfolio through acquisitions. As we move forward, we will continue to stay focused on what makes Nordson special – creating superior value for our customers through precision technology. To deepen this focus, Stephen Lovass now will be responsible for enhancing our strategic planning process, accelerating our growth through acquisitions, and improving new business integration through our enhanced Nordson Business System.”
Mr. Lovass joined Nordson in 2016 and most recently served as Executive Vice President of the ICS segment. Prior to joining Nordson, Mr. Lovass served as president for one of the global sensors and controls businesses at Danaher Corporation (NYSE: DHR), a $21 billion Fortune 200 diversified science and technology company. Mr. Lovass has held senior roles in strategic planning and general management based in the United States, Europe, and Asia.
Except for historical information and comparisons contained herein, statements included in this release may constitute “forward-looking statements,” as defined by the Private Securities Litigation Reform Act of 1995. These statements involve a number of risks, uncertainties and other factors, as discussed in the company’s filing with the Securities and Exchange Commission that could cause actual results to differ.
Nordson Corporation engineers, manufactures and markets differentiated products and systems used for the precision dispensing of adhesives, coatings, sealants, biomaterials, polymers, plastics and other materials, fluid management, test and inspection, UV curing and plasma surface treatment, all supported by application expertise and direct global sales and service. Nordson serves a wide variety of consumernon-durable, durable and technology end markets including packaging, nonwovens, electronics, medical, appliances, energy, transportation, construction, and general product assembly and finishing. Founded in 1954 and headquartered in Westlake, Ohio, the company has operations and support offices in more than 35 countries. Visit Nordson on the web athttp://www.nordson.com,@Nordson_Corp, orwww.facebook.com/nordson.
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