What Nordson Corporation told the SEC could break it.

The 2025 US administration's increased tariffs on imports (particularly Canada, China, Mexico) and foreign retaliatory tariffs could raise raw-material costs and disrupt Nordson's cross-border supply chain and sales, with USMCA changes adding further trade-policy uncertainty.

“For example, the current U.S. presidential administration has imposed and significantly increased tariffs on foreign imports into the United States, particularly from Canada, China and Mexico. In response, many foreign countries have implemented or increased tariffs on imports into their countries.”

Nordson's dispensing/processing equipment depends on principal materials including sheet metal, fabricated metal parts, bar stock, castings, forgings, tubing, plastic parts/pellets and electronic components; costs are exposed to raw-material price swings and tariffs on China imports.

“Principal materials include sheet metal, fabricated metal parts, bar stock, castings, forgings, tubing, plastic parts and pellets. We also purchase many electrical and electronic components, high-pressure fluid hoses, packings, seals, and other items integral to our products.”

Approximately 67% of Nordson's 2025 revenue was generated outside the United States, with principal manufacturing facilities including the People's Republic of China alongside the US, Bulgaria, Germany, Ireland, Israel, Italy, Mexico, Netherlands and UK — exposing it to foreign-market trade-relations and protectionism risk.

“Consistent with this global strategy, approximately 67 percent of our revenues were generated outside the United States in 2025. As of October 31, 2025, we had approximately 8,000 employees worldwide. Our principal manufacturing facilities are located in the United States, the People's Republic of China, Bulgaria, Germany, Ireland, Israel, Italy, Mexico, the Netherlands and the United Kingdom.”