Boston, MA 05/28/2013 (wallstreetpr) – The share prices of Nordson Corporation (NASDAQ:NSDN) had declined by 7.03 percent to close at $68 per share by the end of last trading session. The shares of precision material equipment manufacturer had been trading in the range of $65.46 to $70.00 per share during the day.
New Partner for Benelux Region
Nordson Corporation (NASDAQ:NSDN), the leader in dispensing, jetting and coating technologies had recently signed a representation agreement with Partnertec to act as a commercial representative in Benelux. The new partner would thereby represent the fluid dispensing, jetting and coating equipments of Nordson Corporation (NASDAQ:NSDN) in the Benelux region and would provide for enhancing the market share through its experienced people and adequate number of product lines.
Nordson Corporation (NASDAQ:NSDN) had been involved in the manufacture of equipment for dispensing, testing and inspection, surface preparation and curing related to precision materials. The production facilities of the company are diversified globally and it serves varied markets related to appliance, automotive, bookbinding, container, converting, electronics, food and beverage, furniture, life sciences and medical, light emitting diodes, metal finishing, nonwoven, packaging, semiconductor and solar energy industries.
Nordson Corporation (NASDAQ:NSDN) operates its business through three major segments namely Adhesive Dispensing Systems, Advanced Technology Systems and Industrial Coating Systems. The company presently holds 64.50 million shares outstanding and the institutional ownership of Nordson Corporation (NASDAQ:NSDN) is 78 percent of the holdings. The company had witnessed heavy trading volume of 1.52 million shares for the last trading session while the average trading volume for the company is 330,469 shares per day.
