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Mocon history
Mocon company history timeline
1966: Business is incorporated as Modern Controls, Inc.
Demorest took Modern Controls public in 1968, making an initial offer ing of stock over the counter in Minneapolis.
In 1975 Modern Controls introduced the first multi-cell permeation in struments: the Permatran-W, which measured WVTR, and the Ox-Tran 10/5 0, which measured oxygen transfer.
1986: Profiler product line is introduced.
Also of n ote during the decade was the 1988 retirement of Les Demorest, who wa s replaced by Bill Mayer.
Further offerings in 1991 included Veritab, a high-s peed device to check and weigh tablets for the pharmaceutical industr y, and Aromatram, an instrument that determined the transmission rate s of organic vapors and gases, including menthol, d-limonene, and pro pane.
The elder Demorest continued to serve on th e board of directors until 1996.
Busine ss continued to grow in 1997, as revenues improved 15 percent to more than $17 million and net income 21 percent to $3.7 million.
To keep pace with demand, Modern Controls in 1997 expanded its sales force and made changes in its geographic distribution to better serve the markets for its products.
Modern Controls b ought Austin, Texas-based Microanalytics Instrumentation Corporation in early 1998.
In 2000 it recorded its 20th consecutive year of profitability, with sales improving to $17.3 million and net income to $3.3 million.
Another a cquisition, the purchase of Lippke GmbH in Germany in January 2004, w as more in keeping with Mocon's successful business model.
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Mocon may also be known as or be related to MOCON, MOCON INC, MOCON, Inc., Mocon and Mocon, Inc.