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.

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

  • NoiseCHEK Personal Noise Dosimeter

    SKC NoiseCHEK is the easiest-to-use dosimeter available! Designed specifically for OEHS professionals, SKC NoiseCHEK offers the easiest operation and accurate noise measurements. Everything you need is right in your palm. Pair Bluetooth models to your mobile devices and monitor workers remotely with the SmartWave dB app without interrupting workflow. Careful design features like a locking windscreen, sturdy clip, large front-lit display, bright status LEDs, and more make NoiseCHEK the top choice in noise dosimeters. Demo NoiseCHEK at AIHA Connect Booth 1003. Read More

  • HAZ LO HEADLAMPS

    With alkaline or rechargeable options, these safety rated, Class 1, Div. 1 Headlamps provide long runtime with both spot and flood options in the same light. Work safely and avoid trip hazards with flexible hands-free lighting from Streamlight. Read More

  • Safety Knives

    The Safety Knife Company has developed a quality range of safety knives for all industries. Designed so that fingers cannot get to the blades, these knives will safely cut through cardboard, tape, strapping, shrink or plastic wrap or a variety of other packing materials. Because these knives have no exposed blades and only cut cardboard deep, they will not only protect employees against lacerations but they will also save product. The Metal Detectable versions have revolutionary metal detectable polypropylene knife bodies specifically for the food and pharmaceutical industries. This material can be detected and rejected by typical detection machines and is X-ray visible. Read More

Featured

Webinars