Flex-Tek - Smiths Group plc

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General enquiries

Flex-Tek
112 Bypass 225
Greenwood,
South Carolina 29646
USA

T: +1 864 229 4332
F: +1 864 229 9303
info[AT]flextekgroup[DOT]comwww.flextekgroup.com

Where we operate

Flex-Tek operations are mainly located in the US and Mexico with Asian operations located in India, China and Malaysia, and European facilities in France and Germany.

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Flex-Tek is a global provider of engineered components that heat and move fluids and gases for the aerospace, medical, industrial, construction and domestic appliance markets.

Our flexible hosing and rigid tubing provide fluid management for fuel and hydraulic applications on commercial and military aircraft, deliver fuel gas and conditioned air in residential and commercial buildings, and provide respiratory care for medical applications. Flex-Tek heating elements and thermal systems improve the performance of a range of devices, from medical and diagnostic equipment to domestic appliances such as clothes tumble dryers and HVAC equipment.

Key facts

Employees 2,050

2016 Revenue £284m

2016 Operating profit margin 18.0%


Revenue by sector

Fluid Management: 25%

Specialty high-performance, flexible and rigid tubing assemblies for aerospace, industrial and automotive applications

Construction Products: 33%

Market-leading flexible gas piping and HVAC flexible ducting for the US construction market

Heat Solutions: 23%

Open coil heating elements for manufacturers of tumble dryers, HVAC equipment, medical devices and bespoke applications

Flexible Solutions: 19%

Hose assemblies for medical respiratory care, floorcare appliances and industrial ventilation

Competitive strengths

  • High-performance flexible tubing products for aerospace
  • High capability to design and manufacture heating solutions for bespoke applications
  • Strong customer relationships
  • Market-leading product performance in residential gas tubing

Financial highlights

Revenue performance £m

Revenue by sector £284m

  1. Fluid Management 25%
  2. Construction Products 33%
  3. Heat Solutions 23%
  4. Flexible Solutions 19%

Growth drivers

  • Strong commercial aerospace market growth
  • Steady growth in US housing construction
  • Expanding base of bespoke heating element solutions
  • Growing European sales of gas tubing
  • Additional applications for gas tubing products

Principal operating regions

Our operations are mainly located in the US and Mexico, with Asian operations in India, China and Malaysia, and European facilities in France, Germany and the UK.

Customers

We serve the US construction industry, domestic appliance, aerospace engine and airframe manufactures and other niche markets. Large customers include Watsco, Ferguson, Boeing, Airbus, Pratt & Whitney, GE, Samsung, Trane and Carrier.

Priorities for 2017

  • Continue growth of Heat Solutions specialty segment business
  • Drive European growth of Gastite
  • Improve execution and growth in Fluid Management
  • New product development in key areas

Useful links

 






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Smiths Group divisions:

John Crane, Smiths Medical, Smiths Detection, Smiths Interconnect, Flex-Tek

Smiths Group plc:
Registered office 4th Floor, 11-12 St James’s Square, London, SW1Y 4LB
Incorporated in England No. 137013
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