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Danaher

Headquarters: 2099 Pennsylvania Avenue
Washington, DC 20006
Employees: 40,000
CEO: Lawrence Culp Jr.
Stock Symbol: DHR

Website: http://www.danaher.com

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The Danaher Corporation designs, manufactures, and markets industrial and consumer products.

Danaher's business activities encompass three reporting segments and are comprised of six strategic platforms: Professional Instrumentation (Environmental, Medical Technology, Electronic Test), Industrial Technologies (Motion, Product ID) and Tools & Components (Mechanic's Hand Tools).

The company operates subsidiaries under various names in 30 different countries.

In 2005, Danaher had revenues of $7.9 billion, up from $6.8 billion a year ago. Net income was $897.8 million.

Employment at the company has grown by 5,000 over the past year, mostly due to acquisitions.

History

The origin of "Danaher" goes back to the root "Dana," a Celtic word dating from before 700 BC and meaning "swift flowing".

In the early 1980's, the vision of a manufacturing company, dedicated to continuous improvement and customer satisfaction, was conceived during a fishing trip on the Danaher, a tributary to the south fork of the Flat Head River in western Montana. The founders of the company adopted the name for their new organization.

Updated June 4, 2006

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