Waters CorpBy Deborah Gage | Posted 2003-10-01 Email Print
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A manufacturer of scientific instruments forced a troubled British subsidiary to do things its way.. Base Case">
Waters Corp. Base Case
Headquarters: 34 Maple St., Milford, MA 01757
Phone: (508) 478-2000
Business: World's largest manufacturer of instruments for High Performance Liquid Chromatography, Mass Spectrometry and Thermal Analysisused for analyzing chemical and physical properties of proteins and many other substances.
Chief Information Officer: Paul Newton
Financials in 2002: Net sales were $890 million in 2002, up 3.5% from $859.2 million in 2001. Net income was $147.7 million, up 22.5% from $114.5 million in 2001.
Challenge: Regain market leadership after loss of patent lawsuit by developing and selling integrated chromatography/spectrometry product systems.