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Banner Engineering Company Profile: History, Ownership, Scale and Products

Oct 11
3 min read

Updated: 7 days ago

Banner Engineering company logo

Banner Engineering is a privately held American maker of industrial sensors, machine safety devices, lighting and wireless products, with more than 10,000 products in its catalog. Bob Fayfield founded it in 1966, and it has been based in Minneapolis ever since. This profile sets out its history, ownership, scale and products.

Banner Engineering at a Glance

Fact

Detail

Company

Banner Engineering Corp.

Founded

1966

Founder

Bob Fayfield

Headquarters

9714 10th Ave N, Minneapolis, Minnesota, USA

Ownership

Privately held

Products

More than 10,000

Offices

More than 30 worldwide

Manufacturing

Facilities on three continents

Network

More than 5,500 employees and partners

Company History

Bob Fayfield founded Banner in 1966. The company describes its beginnings as a small engineering firm known for solving problems, and it has kept its headquarters in Minneapolis throughout. It now speaks of more than 55 years of innovation, and says it brings more than 30 new products to market every year.

Ownership

Banner describes itself as a privately held company. It publishes no sales or profit figures.

Scale

  • More than 10,000 products.

  • Operations on five continents and manufacturing on three.

  • More than 30 offices.

  • A worldwide team of more than 5,500 employees and partners, which the company also describes as a network of factory and field representatives. The figure therefore includes sales partners and is not a count of employees alone.

  • By the company's own statement, a Banner product is installed somewhere in the world every two seconds.

Products

Category

Role

Sensors and measurement

Detecting and measuring objects

Machine safety

Protecting people around machines and robots

Lighting and displays

Machine lights and status indicators

Industrial wireless

Wireless links for sensors

Barcode and vision

Code reading and inspection

Remote I/O and connectivity

Connecting devices to controls

Monitoring solutions

Machine and process monitoring

The breadth matters for robot cells: one supplier can provide the sensors that detect parts, the light curtains and scanners that guard the cell, and the indicator lights that show its status.

Locations

  • Americas: United States, Brazil, Canada and Mexico.

  • EMEA: Europe, Turkey and South Africa.

  • Asia-Pacific: China, India, Japan, Malaysia, Singapore, South Korea, Taiwan and Thailand.

Can You Invest in Banner Engineering?

No. It is privately held.

What Is Not Covered

Sales, profit, the number of direct employees and the names of current executives are not stated on the pages used, so they are left out.

Strengths and Challenges

Strengths

  • Six decades of continuity as an independent company.

  • A very broad catalog and a steady flow of new products.

  • A wide international sales and support network.

Challenges

  • Larger sensor groups with wider automation offerings.

  • No public financial information, which limits outside assessment.

Current Catalogue Coverage

Catalogue checked on 15 October 2026: 5 associated product records. The links below are representative entries, rather than a claim that every historical model is currently available.

Banner Engineering FAQ

Who owns Banner Engineering?

It is a privately held company.

Who founded Banner Engineering?

Bob Fayfield, in 1966.

Where is Banner Engineering based?

In Minneapolis, Minnesota.

What does Banner Engineering make?

Industrial sensors, machine safety devices, lighting, wireless products and barcode and vision products.

How many products does Banner offer?

More than 10,000.

Sources

  • Banner Engineering: company overview

  • Banner Engineering: company

  • Banner Engineering: about us

Company Record

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