WESTLAKE, OH –
Nordson Corp. announced worldwide sales for the third quarter reached a record $257.7 million, a 14% increase year-over-year. The growth consisted of 9% from acquisitions, 3% from core volume growth, and 2% from favorable currency effects, the company reported.
Nordson, owner of such suppliers as
Asymtek,
EFD,
Dage and
YesTech,
said sales for the quarter were up 26% in advanced technology systems. In addition, the industrial coating and automotive systems segment had a third-quarter sales increase of 14%. The adhesive dispensing systems segment showed an increase of 4%, reported Nordson.
According to the manufacturer, sales increased 32% in the Americas, 15% in Japan, 11% in the U.S., 10% in the Asia Pacific region, and 9% in Europe.
Backlog at the end of the quarter was approximately $115 million, up more than 19% year-over-year.
For the first nine months of the year, sales were a record $702.9 million, an 8% increase over the same period last year, said Nordson. Sales growth consisted of 6% from acquisitions and 3% from favorable currency effects; core volume was down 1%.
Nordson produces precision dispensing equipment that applies adhesives, sealants and coatings to consumer and industrial products during manufacturing operations.