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HAUSER history
HAUSER company history timeline
1974 The oil crisis impacts Endress+Hauser’s finances heavily.
In 1975 Ludwig Hauser dies at the age of 80.
The company suffered a great loss on October 5, 1980 when Uncle Chick—the founding elder brother of the company—passed away.
In the 1980’s, Endress+Hauser made a transition from the signal-centric to information-based process automation systems.
1983: Hauser Chemical Research, Inc. is founded.
1984 Strong in research and development: computers were a common sight at Endress+Hauser.
1989 Focus on Asia: after Hong Kong, Malaysia and Singapore, sales centers in Thailand, China, Korea and India follow.
1989 Development progressing fast.
In January 1990, the company acquired Hauser Laboratories, Inc. for 400,000 shares of its common stock.
1990 With 4,000 employees the company’s net sales cross the 500 million Swiss franc mark.
Hauser tried to rebuild its paclitaxel business by entering into a multi-year, world-wide, and mutually exclusive supply agreement in May 1994 with the American Home Products Company.
1995 The company founder’s sons: Klaus Endress – here with his brothers Urs, Hans-Peter and George (from left) – takes over the operative management of the group of companies from his father.
By 1995, when he handed the management of the company over to his second eldest son, Klaus, the backroom business had grown into a global company with 4,300 employees.
Nevertheless, prior to 1995, virtually all of the company's revenue derived from the production and sale of paclitaxel to the Bristol-Myers Squibb Company.
1995: The company acquires all of the stock of Shuster Laboratories, Inc.
In 1996, the company began producing sanguinaria extract, a natural antimicrobial, for Colgate's Viadent toothpaste and oral rinse products.
In 1996, Hauser also entered the natural food additives market with the goal of rapidly building a quality line of products and becoming a world leader in the development and manufacture of natural food additives.
On July 24, 1997, the District Court in the Netherlands ruled against Bristol-Myers, denying the company's request for an injunction to halt Yew Tree from selling their paclitaxel-based product.
In 1997, Whessoe plc, a UK-based instrumentation company, was acquired by Endress+Hauser.
Jimmy Jr. and Timothy eventually hired Tim Donovan in 1997 and Bonnie D’Amato (with over 30 years’ experience), and Michael Lehman.
In this regard, in December 1998, Hauser announced that it was merging with three subsidiaries of the Zuellig Group N.A., Inc. and Zuellig Botanicals, Inc.
In its continuing efforts to resurrect the paclitaxel business, in 1998 the company signed a non-exclusive agreement to supply bulk paclitaxel to Immunex and its collaborative partner, IVAX Corporation.
In addition, the merger agreement, which was finalized on June 11, 1999, called for the new organization to be headquartered in Boulder, Colorado, and operated under the Hauser name.
The company, which tried to appeal the delisting of its shares, had been experiencing significant operating losses stemming from a worldwide oversupply of dietary supplement products leading to low prices and declining revenues. As a result of these financial struggles, the company's stock declined precipitously below one dollar per share, causing the company's common stock to be officially delisted from the Nasdaq on November 1, 2000.
Whitehall-Robins was a leader in the research and development, production and marketing of a broad range of consumer health care products, with United States sales of approximately $1.7 billion in 2000.
The decision to terminate the Wilcox operations stemmed from the significant decline in market prices for the natural product raw materials sold by Wilcox during fiscal 2000.
In January 2001, the company announced what it considered a significant development in having reached agreement with the Whitehall-Robins Healthcare division of American Home Products Corporation to jointly develop a new dietary supplement.
To further stem the financial hemorrhaging, the company announced in August 2001 that it was selling the Hauser Contract Research division, which specialized in the extraction, purification, chemical modification, and production of fine organic chemicals from natural sources.
By the end of 2001, the company had reorganized around three principal business segments: dietary supplements, pharmaceuticals and food ingredients, and technical services.
By the first fiscal quarter of 2002, the company had begun to make progress, narrowing its net loss to $618,000 from a net loss of $1.9 million in the corresponding quarter in the previous year.
On July 1, 2004, Cape Abrasives and Hauser Engineering merged and began operating under the name, Hauser, Inc.
2005 Foundation stone ceremony: the construction work for the new headquarters in Reinach is in full swing.
2006 The Endress family shareholders draw up their own charter.
2008 Company founder Dr Georg H Endress dies aged 84.
2009 Bundled production know-how: In Suzhou, China, Endress+Hauser assembles pressure, level, flow and temperature measuring devices.
2010 Expansion in the States: At the Greenwood Campus (Indiana) Endress+Hauser puts a new facility for the production and calibration of flowmeters into operation.
Endress+Hauser reported sales of around $1,883 billion in net sales for the year 2012 for its companies and subsidiaries.
2012 A new production center opens in Itatiba, Brazil.
2013 With the acquisition of Analytik Jena (Germany) and Kaiser Optical Systems (USA), Endress+Hauser is further developing its offering in the fields of analytics.
2014 Matthias Altendorf takes over as CEO of the Endress+Hauser Group from Klaus Endress.
2016 Endress+Hauser sells the two-millionth electromagnetic flowmeter.
2017 The company bolsters its flow portfolio with the acquisition of SensAction AG, a German manufacturer of innovative systems for measuring the concentration of liquids.
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|---|---|---|---|---|
| Austin.com | - | - | 6 | 104 |
| MBA Holdings Inc. | 1984 | $280,000 | 5 | - |
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| BMI Companies | 1973 | $92.0M | 660 | 6 |
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| Transatlantic Holdings, Inc. | 1986 | $4.4B | 596 | 3 |
| Two Rivers Insurance Services | 1896 | $80.0M | 57 | 1 |
| Ica | - | $13.3B | 28,000 | - |
HAUSER history FAQs
Zippia gives an in-depth look into the details of HAUSER, including salaries, political affiliations, employee data, and more, in order to inform job seekers about HAUSER. The employee data is based on information from people who have self-reported their past or current employments at HAUSER. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by HAUSER. The data presented on this page does not represent the view of HAUSER and its employees or that of Zippia.
HAUSER may also be known as or be related to HAUSER, HAUSER | Insurance Broker Services, Hauser Inc and Hauser Insurance Group.