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02-May-2005 - Thermo Electron Corporation announced that it has purchased Rupprecht and Patashnick Co., Inc. (R&P), a world leader in continuous particulate monitoring instrumentation for the ambient air, emissions monitoring and industrial hygiene markets. The company had 2004 revenues of $17 million. The ...
22-Apr-2005 - Thermo Electron Corporation announced that David Champagne has been named vice president and general manager of its Informatics business. Champagne succeeds Dr. Jo Webber, who recently left the company to pursue a long-held desire to return to Europe and spend time sailing the Mediterranean. On ...
01-Apr-2005 - Thermo Electron announced that it has purchased NITON LLC for approximately $40.5 million in cash, subject to a post-closing adjustment. NITON is a leading provider of portable X-ray analyzers for the metals, petrochemical, and environmental markets, with revenues of $36 million in 2004. Marijn ...
04-Feb-2005 - For the full year, Thermo Electron reported a revenue increase of 16 percent in 2004 to $2.2 billion, up from $1.9 billion in 2003. GAAP diluted EPS in 2004 rose to $2.17, versus $1.20 a year ago, principally driven by tax benefits, large gains from the sale of discontinued operations, and ...
02-Feb-2005 - Thermo Electron Corporation announced that it has recently opened a new European Center of Excellence for Mass Spectrometry in Bremen, Germany. The new site includes a state-of-the-art manufacturing facility for Thermo's line of advanced mass spectrometers used for drug discovery, environmental ...
24-Jan-2005 - Thermo Electron Corporation announced that it has entered into a definitive agreement to acquire the Kendro Laboratory Products division of SPX Corporation, for $833.5 million in cash, subject to a post-closing balance sheet adjustment. Thermo has received a commitment for a credit facility of ...
06-Jan-2005 - Thermo Electron Corporation has concluded an OEM Agreement with SOTAX AG, whereby SOTAX dissolution baths will be offered with Thermo's Nicolet Evolution 300 UV-Vis spectrophotometer. This collaboration will provide pharmaceutical customers with a high-quality, complete, and automated turnkey ...
New Shanghai Facility Marks Expansion in Asian Market
20-Dec-2004 - Thermo Electron Corporation announced the opening of its new manufacturing facility in Shanghai, China. The 90,000 square-foot factory is a major milestone in Thermo's China strategy, and increases manufacturing capacity in Shanghai by more than four times. "Building Thermo's capabilities in ...
27-Sep-2004 - Thermo Electron Corporation has concluded a collaboration agreement with the Biogeochemistry, Ultra Trace and Isotopic Analysis group at the University of Pau in France in order to create a Center of Excellence for speciated analysis techniques. This collaboration will establish, promote, ...
15-Sep-2004 - Thermo Electron Corporation announced it has completed the acquisition of InnaPhase Corporation, a premier supplier of Laboratory Information Management Systems (LIMS) for the pharmaceutical and biotechnology markets, for approximately $65 million in cash, subject to a post-closing adjustment. ...
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