Helios is trying to turn its motion-control business into a bigger play on factory automation and robotics, with new products and expansion into new customer areas helping it grow faster than many expect. The catch is that a lot still depends on older technology and uneven demand, which could leave the company exposed if the industry shifts faster than it can keep up.Read more
Helios is betting on a wave of electrification and smarter, connected controls to revive growth after a rough stretch in its core markets. The big question is whether new products and a leaner business can outpace industry shifts away from traditional hydraulics and the ups and downs of construction and farming demand.Read more
Helios makes parts and control systems used in heavy machinery, but the shift toward electric and more software-driven equipment could chip away at demand for its traditional products and force costly reinvestment. The bigger question is whether its push into smarter controls, new markets, and a leaner operating setup can outpace tougher competition and smooth out its cycle-driven sales swings.Read more
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Helios Technologies, Inc., together with its subsidiaries, provides engineered motion control and electronic controls technology solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates through two segments; Hydraulics and Electronics. The Hydraulics segment designs and manufactures hydraulic motion control and fluid conveyance technology products, including cartridge valves, manifolds, and quick release couplings, as well as engineers complete hydraulic system solutions. This segment sells its products under the Sun Hydraulics, Faster, NEM, Taimi, Daman, and Schultes brands. The Electronics segment designs and manufactures customized electronic controls systems, displays, wire harnesses, and software solutions. This segment sells its products under Enovation Controls, Murphy, Zero Off, HCT, Balboa Water Group, i3PD and Cygnus Reach and Joyonway brands. It markets and sells hydraulic products and engineered solutions through value-added distributors, as well as directly to original equipment manufacturers (OEMs); and electronic products to OEMs, distributors, and system integrators. It serves construction, material handling, agriculture, industrial, mobile, energy, recreational vehicles, marine, aerospace, and health and wellness sectors. The company was formerly known as Sun Hydraulics Corporation and changed its name to Helios Technologies, Inc. in June 2019. Helios Technologies, Inc. was incorporated in 1970 and is headquartered in Sarasota, Florida.
