Danaher Corporation

John Wolz

Danaher Corporation
2001 Revenue$3.782 billion
2000 Revenue $3.78 billion
2001 Closing Price60.31
2000 Closing Price69.38

made news during 2001 with an ultimately rejected bid to acquire Cooper Industries.
Danaher is best known for its Sears Craftsman tools and accessories and Veeder-Root leak-detection systems. In the fastener industry Danaher is known for its Holo-Krome brand.
The tool segment includes Danaher Hand Tool Group, Matco Tools, Jacobs Chuck Mfg., Delta Consolidated Industries, Jacobs Vehicle Systems, Hennessy Industries, and hardware and electrical lines of Joslyn Mfg.
The tools and components segment � including fasteners � contributes 35% of revenue, while process & environmental controls add up to 65%.
Holo-Krome manufactures fasteners and Allen hex key products and is headquartered in West Granby, CT.
In 2001 Danaher acquired United Power Corp.
Brothers Steve Rales and Mitch Rales own about 30% of Danaher stock.
Headquarters: 1250 24th St. NW, Washington, DC 20037. Tel: 202 828-0850 Fax 202 828-0860
Web: danaher.com
NYSE Symbol: DHR
CEO: Lawrence Culp
Investor Relations: P.W. Allender
Key fastener executives: Steve Sigmon, vice president/fastener business.
Employees: 24,000 \�2002 FastenerNews.com