Thermo Electron Corporation Named "2005 Company of the Year" by Instrument Business Outlook

20-Feb-2006

Thermo Electron Corporation announced that it has been named "2005 Company of the Year" by Instrument Business Outlook (IBO). The award recognizes Thermo Electron's market leadership, strong financial and operational performance and outstanding technical contributions to the analytical and scientific instrumentation market in 2005.

IBO is published by Strategic Directions International, a recognized source for business intelligence for the analytical and life science market. The Company of the Year award credits Thermo with successfully meeting the evolving demands of the life science industry through its strategic investments in services and lab equipment, the expansion of its mass spectrometry portfolio and refined strategy targeted at emerging markets.

"At a time when many instrument companies are adjusting to the realities of the life science market, seeking to enter faster growing markets and technology segments, and trying to leverage further their size and operational efficiencies, Thermo has already met these challenges," states IBO's annual review. "During the year, the company capitalized on its diversified end-user markets by targeting growing applications and key regional investments. The company utilized its broad portfolio to create integrated solutions, launch a steady flow of new products, increase its sales to key customers and build its service business."

Throughout the year, Thermo significantly increased its ability to serve laboratory customers by introducing breakthrough technologies, as well as through strategic acquisitions and geographic expansion. Thermo became the world's largest supplier of laboratory equipment with its acquisition of Kendro Laboratory Products, and as the review points out, Thermo's recent facility openings in Shanghai, China and Mumbai, India have only increased the company's global presence.

Other news from the department business & finance

These products might interest you

Mars 6

Mars 6 by CEM

Everything under Control - with This Intelligent Microwave Digestion System

High Sample Throughput with Just One Click

microwave digestion systems
SMART 6

SMART 6 by CEM

Moisture/Solids/Volatiles Analyzer: One System, Limitless Testing

moisture meters
tritec® Chromatographic refrigerators

tritec® Chromatographic refrigerators by tritec für Labortechnik und Umweltsimulation

Energy-efficient chromatography refrigerators for precise temperature control

Safe storage of your HPLC systems at -5 °C to 20 °C with modern touchscreen display

chromatography refrigerators
CrystalBreeder

CrystalBreeder by Technobis

CrystalBreeder: the next generation multi-reactor crystallization platform

Enhance your early stage solid state screening. New: controlled evaporation & vapor diffusion modes

Crystal16

Crystal16 by Technobis

Crystal16 - the ultimate instrument for research and process development

Upgrade your crystallization screens with the next generation benchtop crystallization system

crystallizers
OHAUS Laboratory equipment

OHAUS Laboratory equipment by Ohaus

Do More with OHAUS Laboratory Equipment

Do Not Limit Yourself to Just Measurement! Discover Ingenious Portfolio

lab equipment
FlowSyn and FlowSyn Maxi

FlowSyn and FlowSyn Maxi by Uniqsis

Continuous Flow Chemistry Systems for reaction optimisation and scale up

Perform reactions up to 300°C and 100 bar from 0.1 - 100 ml /minute

flow reactors
Loading...

Most read news

More news from our other portals

Under the magnifying glass: The world of microscopy

See the theme worlds for related content

Topic World Mass Spectrometry

Mass spectrometry enables us to detect and identify molecules and reveal their structure. Whether in chemistry, biochemistry or forensics - mass spectrometry opens up unexpected insights into the composition of our world. Immerse yourself in the fascinating world of mass spectrometry!

15+ products
2 whitepaper
15+ brochures
View topic world
Topic World Mass Spectrometry

Topic World Mass Spectrometry

Mass spectrometry enables us to detect and identify molecules and reveal their structure. Whether in chemistry, biochemistry or forensics - mass spectrometry opens up unexpected insights into the composition of our world. Immerse yourself in the fascinating world of mass spectrometry!

15+ products
2 whitepaper
15+ brochures