IDEX Corp. joins S&P 500
LAKE FOREST - S&P Dow Jones Indices has announced that IDEX Corp. is now a part of the S&P 500 index.
IDEX will also be added to the S & P 500 GICS Industrial Machinery Sub-Industry index and removed from the S&P MidCap 400.
S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S & P 500 ® and the Dow Jones industrial average ®.
"Becoming part of the S&P 500, a leading barometer of overall economic performance, is a tremendous honor for our company and our people worldwide," IDEX Chairman and CEO Andrew K. Silvernail said. "It further marks the tremendous growth our team has achieved."
IDEX is a manufacturer of fluidics systems and components, best known for its Jaws of Life family of rescue and recovery tools.