Fortive Corp. Buying Industrial Scientific

Fortive is a diversified industrial growth company comprised of professional instrumentation and industrial technologies businesses that are recognized leaders in attractive markets. The company's 2016 revenues were $6.2 billion.

  • Aug 24, 2017

Fortive Corporation recently announced it has signed a definitive agreement to acquire Industrial Scientific Corporation, a leading, Pittsburgh-based provider of portable gas detection equipment. Fortive, based in Everett, Wash., is publicly traded and until July 2, 2016, operated as part of Danaher Corp. Information on its website indicates Fortive is a diversified industrial growth company comprised of professional instrumentation and industrial technologies businesses that are recognized leaders in attractive markets, and the company's 2016 revenues were $6.2 billion.

Fortive's brands hold leading positions in field instrumentation, transportation, sensing, product realization, automation and specialty, and franchise distribution, and the company employs more than 24,000 R&D, manufacturing, sales, distribution, service, and administrative employees in more than 40 countries.

For the second quarter ended June 30, 2017, its net earnings were $240.1 million.

James A. Lico, president and CEO, said he looks forward to welcoming Industrial Scientific's employees to the Fortive team, saying the addition of IndSci "accelerates our digital strategy and creates a stronger platform for connected solutions for critical applications in maintenance and safety."

Product Showcase

  • The MGC Simple Plus

    The MGC Simple Plus is a simple-to-use, portable multi gas detector that runs continuously for three years without being recharged or routinely calibrated after its initial charge and calibration during manufacturing. The detector reliably tests a worksite’s atmosphere for hydrogen sulfide, carbon monoxide, oxygen and combustible gases (LEL). Its durability enables the detector to withstand the harshest treatment and environments, hence earning it an IP 68 rating. The MGC Simple Plus is also compatible with a variety of accessories, such as the GCT External Pump. Visit gascliptech.com for more information. Read More

  • Glove Guard® Clip

    Safety should never be compromised, especially when it comes to proper glove usage. The Glove Guard® clip enhances safety by encouraging employees to keep their gloves with them at all times. This reduces the risk of accidents and injuries on the job. By ensuring everyone has their gloves readily available, we help promote a culture of safety and efficiency. The Glove Guard® clip is designed to withstand the toughest work environments. Constructed from robust materials made in the USA, it can endure extreme conditions, including harsh weather, and rigorous activities. Read More

  • EMSL Analytical, Inc. - Air Sampling Supplies & Testing Labs

    EMSL Analytical, Inc. operates laboratories throughout the United States and Canada. EMSL is a nationally recognized and locally focused provider specializing in fast laboratory results for Asbestos, Mold, Silica, Lead & Metals, Bacteria, Legionella, USP , Combustion By-Products, VOC’s, Radon, PCB’s, Formaldehyde, METH/Fentanyl, Identification of Dust & Unknowns. Sampling Pumps, Cassettes, Media & Supplies available. Reach us at 1-800.220.3675 Read More

Featured

Most   Popular

Artificial Intelligence