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OSMONICS INC. Minnetonka, Minnesota A Real "Pure Play' In The Clean Water Business.(THE NEW AMERICA)
Byline: Kirk Shinkle
The bad news? The Earth's water supply is getting more polluted.
The good news? Cleaning it up is turning into big business.
Osmonics Inc. has made a name for itself by helping dozens of industries purify water. It pioneered reverse osmosis, which forces water through a membrane that impurities can't penetrate. The process can make dirty water 99.9% pure.
But while the company won a reputation for making anything for anyone in the water purification market, recent growing pains have meant changes in the way it does business.
After half a dozen acquisitions during the mid- to late-1990s, Osmonics lost focus. Units were run independently, each with its own staff. Redundancies abounded. Products such as ozone tests and monitoring gear showed poor results.
As a result, the firm in 1998 posted the first quarterly loss in its three-decade history.
- Osmonics Announces Early Termination of Hart-Scott-Rodino Waiting Period.
- Press release article from: Business Wire December 30, 2002 700+ words
...BUSINESS WIRE)--Dec. 30, 2002 Osmonics, Inc. (NYSE:OSM) today announced...period regarding the planned merger of Osmonics with a wholly owned subsidiary of General...approvals and approval by shareholders of Osmonics. About Osmonics Osmonics is a leading...
- Osmonics Taps HAHT Commerce to Automate Business Processes Within Demand Chain.
- Press release article from: Business Wire February 26, 2002 700+ words
...applications, today announced that Osmonics Inc.'s (NYSE: OSM) secure private e-marketplace, shop.osmonics.com, is powered by the HAHT Commerce...applications from HAHT Commerce, shop.osmonics.com customers can access product...
- Osmonics, Inc.
- Reference information from: International Directory of Company Histories January 1, 1997 700+ words
Osmonics, Inc. 5951 Clearwater Drive Minnetonka...612) 933-6141 Web site: www.osmonics.com Public Company Incorporated: 1969...Fluid Power Valves & Hose Fittings Osmonics, Inc. is helping to purify the world...
- Osmonics Receives Additional $1 Million Order For Municipal Reverse Osmosis...
- Press release article from: Business Wire October 11, 2001 700+ words
...purified water to 27,000 residents Osmonics Inc. (NYSE:OSM) received a third...These new systems will augment existing Osmonics RO systems already in operation. Pascagoula...000 citizens, currently uses four Osmonics RO systems to purify 3.5 million gallons...
- Osmonics Prepares for Anticipated Market Growth.
- Press release article from: Business Wire May 21, 2002 700+ words
...BUSINESS WIRE)--May 21, 2002 Osmonics to expand its Minnetonka headquarters...industrial water treatment worldwide, Osmonics, Inc. (NYSE:OSM) announced a strategic...60,000-square-foot expansion of Osmonics' existing Minnetonka headquarters and...
- Osmonics' Customers Can Now Shop Online.
- Press release article from: Business Wire February 6, 2002 700+ words
...decisions and learn about products, Osmonics, Inc. (NYSE:OSM) now offers online shopping at www.shop.osmonics.com, a cornerstone of these interactive...simple transaction," said Ed Fierko, Osmonics president and chief operating officer...
- GE Power Systems to Acquire Osmonics, a Leader in Water Purification and...
- Press release article from: Business Wire November 4, 2002 700+ words
...Electric Company (NYSE: GE) and Osmonics, Inc. (NYSE: OSM) today announced...have signed an agreement to merge Osmonics into a wholly owned subsidiary of GE in a stock and cash transaction. Osmonics, headquartered in Minnetonka, Minn...
- GE Announces Hypothetical Exchange Ratio for Merger with Osmonics.
- Press release article from: Business Wire February 25, 2003 700+ words
...General Electric Company (NYSE: GE) and Osmonics, Inc. (NYSE: OSM) announced today...exchange ratio for the proposed merger of Osmonics into a wholly owned subsidiary of GE...2003, the day immediately following the Osmonics shareholders' meeting. If the merger...