2005 Post 200
Danaher Corp.
2099 Pennsylvania Ave. NW
Washington, D.C. 20006
www.danaher.com
Industry: Manufacturing
Post 200 Category: Top 125 Companies
Revenue: $6.89 Billion
Net Income/Loss: $746.00 Million
Earnings per share: $2.30
Dividend: $0.06
Stockholder equity: $4.62 Billion
Auditor: Ernst & Young LLP
Stock: DHR
Assets: $8.49 Billion
Market capitalization: $15.74 Billion
52-week high: 58.9 11/18/2004
52-week low: 44.13 5/10/2004
Chairman: Steven M. Rales
President and CEO: H. Lawrence Culp Jr.
Employees: 35000
Local employees: 36
Description: Danaher manufactures Sears Craftsman hand tools and Fluke electronic testing equipment, with factories in the United States, Europe, India and China. The company also makes medical and dental tools and equipment, electronic testing equipment and product identification tools.
Developments: Danaher continued a strategy of growth through the acquisition of smaller businesses to expand its range and offerings. One purchase was the Canadian company Trojan Technologies Inc., which designs, manufactures and sells systems to test water quality at municipal wastewater and drinking water facilities, for about $185 million in cash. In December, Danaher agreed to buy LEM Instruments, a division of Swiss-based LEM Holding, which produces electrical measurement equipment. That purchase was made for about $57 million in cash. According to the annual Forbes magazine list of the 400 richest Americans, founders Steven and Mitchell Rales are the District's richest men, with a net worth of $1.9 billion each.
Executive Compensation
President and CEO: H. Lawrence Culp Jr.
Total Cash: $4,031,000.00
Total Compensation: $4,291,883.00
Senior Vice President: Daniel L. Comas
Total Cash: $700,000.00
Total Compensation: $3,582,822.00