The Bottom Line: Standex Electronics, Connection and Albany

A roundup of news updates from public companies in NH and nationwide

BAE SYSTEMS HONORS STANDEX ELECTRONICS

Standex Electronics, a business segment of Standex International Corp. (NYSE: SXI), has received a Bronze Tier Award from BAE Systems’ Partner 2 Win program, recognizing the company’s performance and contributions to BAE Systems’ Electronic Systems supply chain in 2025.

The award highlights Standex Electronics’ role in delivering precision-engineered electronic components that support aerospace, defense and security applications. The company is a global supplier of electronic components and solutions for mission-critical industries.

BAE Systems’ Partner 2 Win initiative is designed to improve operational excellence and efficiency throughout its supply chain. The program encourages collaboration with suppliers through regular engagement, the sharing of best practices and a focus on maintaining high standards for quality and performance.

Jennica Dearborn, vice president of operations for BAE Systems’ Electronic Systems sector, said supplier partners play a critical role in helping the company meet customer demands. She noted that their support has been instrumental in advancing performance, quality, innovation and scale across BAE Systems’ operations.

CONNECTION NAMED RISING STAR PARTNER

Connection (NASDAQ: CNXN), an IT solutions provider serving business, government, health care and education customers, has been named the Americas Rising Star Partner of the Year in the 2025 VMware by Broadcom Partner Awards.

The award recognizes partners that demonstrate significant growth, innovation and collaboration within the VMware ecosystem. According to Broadcom, Connection earned the distinction for rapidly expanding its VMware capabilities and delivering solutions that help organizations modernize and optimize their IT environments.

“Connection’s momentum has been exceptional,” said Tara Fine, vice president of Americas partner sales at Broadcom. She noted that the company quickly developed technical capabilities and generated meaningful customer impact across the VMware by Broadcom ecosystem.

Connection has continued to invest in its VMware practice, strengthening its technical expertise, services offerings and partner relationships to support customers navigating infrastructure, cloud and security challenges.

“This recognition is a powerful validation of our team’s dedication and the strength of our partnership with VMware by Broadcom,” said Tim McGrath, president and CEO of Connection. He said the award reflects the company’s commitment to helping customers achieve business outcomes through technology expertise and strategic guidance.

ALBANY INTERNATIONAL’S TEXTILE RECYCLING PROJECT

Albany International Corp. (NYSE: AIN) reported progress in its collaborative recycling project with Swedish biotechnology company Cyclezyme AB, which is developing enzyme-based solutions for recycling advanced industrial textiles.

The project focuses on creating enzymatic recycling processes for technical textiles made from polyester and polyamide materials, which currently have limited recycling options. The goal is to enable circular material flows by breaking down used textiles into their chemical building blocks for reuse in new products.

Cyclezyme said it has successfully depolymerized selected material samples and improved degradation efficiency through ongoing optimization efforts. The company has also developed several enzymes capable of degrading nylon and polyamide-based materials, expanding the potential applications of its recycling platform.

The technology could address sustainability challenges across industries that use technical textiles, including papermaking, construction, logistics and advanced manufacturing. Demand for recyclable industrial materials is expected to grow as customers face increasing sustainability requirements and regulatory pressures.

The companies have begun discussions on a potential next phase of the project focused on scaling the technology for industrial applications.