Post job

Waters company history timeline

1958

Waters took his earnings from the sale of J. L. Waters and, in September 1958, established Waters Associates without a product to sell.

The company was founded by James Logan Waters in 1958 and is headquartered in Milford, MA.“

The business was started by James (Jim) Logan Waters as Waters Associates in an office in the basement of a police station in Framingham, Massachusetts, in 1958.

1961

The company’s first major breakthrough occurred in 1961 when John Moore, a chemist at Dow Chemical Company, called for help.

The company's first major breakthrough occurred in 1961 when John Moore, a chemist at Dow Chemical Company, called for help.

1962

1962: Waters Associates is incorporated.

In 1962 John Moore, a polymer chemist at Dow Chemical in Freeport, Texas, was told about the novel design of the Waters refractometer by his engineering colleagues and called the company to request a custom unit with unusual specifications.

While from its start the company had been self-financed, with proceeds from an earlier business sale, Waters opened Waters Associates to external ownership in 1962.

1963

Moore convinced upper management in Midland, Michigan, who favored a much larger firm, to contract with this tiny instrument company, and in January 1963 Waters made a $10,000 down payment on royalties for his exclusive license to the GPC technology.

1964

1964: Dow Chemical invests $400,000 in Waters Associates.

1965

The company’s big breakthrough came in 1965, when Waters licensed a refractometer from Dow Chemical for analyzing plastics.

1967

In 1967 Waters appointed Dimitri D'Arbeloff, then president of Millipore Corporation, to WA's board of directors.

In 1967, the ALC 100, the first Waters LC system, was brought to market.

1968

According to Leslie S. Ettre in a review about Jim Waters, the LC system was formally introduced at the 1968 Pittsburgh Conference.

1969

In 1969, Dimitri D’Arbeloff, then president of Millipore Corporation, joined the corporation's board of directors.

1970

Not only had Millipore's 1970 investment in WA upheld the fledgling company's entrepreneurial thrust, but Millipore President Dimitri D'Arbeloff's position on WA's board of directors helped to steer the company back to profitability.

Information Age (1970 - present)

1972

Waters next big break came in 1972 when Doctor Helmut Hamberger, chief post-doc for Nobel Laureate Doctor Robert Woodward of Harvard University, sought Jim Waters’ help to the first synthesis of vitamin B12.

In 1972, Waters Associates appointed Frank Zenie president.

1973

1973-94: Going Public, Merger, Continuing Recession

The entrepreneur makes his biggest contribution simply by picking good people—and then staying out of their way." In 1973 WA moved its headquarters from Framingham to Milford, Massachusetts, and made an initial public stock offering on NASDAQ.

A publicity photo for Waters Associates organic synthesis marketing program taken in Robert Burns Woodward’s chromatography lab, 1973.

1974

Columns packed with the latter, introduced in its present form in 1974, became the best-selling columns in history.

1977

For instance, WA designed equipment modules for each of LC's separate stages and in 1977 began to equip the modules with microprocessors.

1977: Company introduces the first variable-volume autosampler: WISP.

1978

McElheny, Victor K., “Separating Chemicals in a Mixture,” New York Times, March 8, 1978.

1979

According to the April 1979 issue of INC. magazine, Waters was now "constantly torn between his two most demanding tasks: overseeing production and designing new products." He hired Francis H. Zenie as production vice-president.

His tenure as President of Waters Associates lasted until 1979, when Millipore Corporation purchased the company.

1980

The company also developed the first solid-phase extraction (SPE) cartridge and a new integrated high-temperature GPC system, known as the Waters 150C. In 1980 WA's sales outside the United States exceeded those from within the country.

Waters became chairman, and continued in that role until the company merged with Millipore in 1980, and was rechristened the Waters Chromatograph Division.

1985

The new division was highly profitable at the time of the merger, but around 1985 it became clear that the two companies lacked synergy.

1986

1986: WCD launches the first data networking software: ExpertEase.

1993

Millipore decided to reorganize its operation, placed many capital spending plans on hold, and in 1993 put WCD up for sale.

And, in 1993, Waters returned to independence under the leadership of Chairman, President, and Chief Executive Officer Douglas A. Berthiaume.

1994

Under the aegis of Douglas A. Berthiaume—Waters chairman, president, and chief executive officer—in 1994 the company began to renew its focus and regain its entrepreneurial spirit with the introduction of Symmetry HPLC columns for the future.

In 1994, an investor group led by WCD's management bought WCD for $360 million, forming the independent Waters Corporation.

Millipore, in turn, divested the Waters Division in 1994.

1995

Since 1995, the company has reported 21 consecutive quarters of double-digit earnings growth and twice effected a two-for-one stock split.

Since 1995 Waters had focused aggressively on the HPLC market.

1995: Having been sold by Millipore, WCD becomes Waters Corporation and is listed on the New York Stock Exchange.

1996

Waters partnered with Bio-Rad Laboratories to introduce an integrated proteomics workstation and analysis system, anchored by Waters industry leading Q-TOF mass spectrometer, first introduced in 1996 as a tandem quadruple time-of-flight mass spectrometer.

Also in 1996, Waters morphed from a minor player to a major leader in mass spectrometry by acquiring Micromass Ltd., of Manchester, England.

1997

These systems had been designed for “analytical method flexibility, superior sensitivity, and the information-rich detection required for bioanalysis,” according to the September 1997 issue of Chemical Business.

In 1997 Waters entered mass spectrometry market with acquisition of Micromass for $176 million.

1998

Elliott, Alan R., “Drug Makers Drive Sales of Analysis Gear,” Investor’s Business Daily, October 20, 1998.

In early 1998, Waters launched Millennium 32, a 32-bit updated version of Millennium software for Microsoft Windows 95 and NT environments.

Net income was $121.88 million, compared to $74.4 million in 1998.

Net sales peaked at $618.81 million in 1998, compared to net sales of $465.47 million in 1997. Thus, in 1998, Waters celebrated 40 years of innovation in technology and chromatography and entered the ranks of New England’s top 50 publicly held corporations.

1999

In June 1999, Waters entered into an agreement with Mantra Software Corporation to develop and market a NuGenesis Archive software application for Waters Millennium 32 Chromatography.

During 1999, Waters Corporation was named to Standard & Poors Midcap 400 Index and announced a two-for-one stock split.

2000

Young, Alison, “Tech Primes Itself for Role in Genetic Work,” Investor’s Business Daily, August 8, 2000.

The 2000 R&D 100 Award was for XTerra reversed-phase HPLC columns that extended the limits of HPLC performance.

In 2000, Waters announced its second two-for-one stock split.

Earnings per diluted share were $0.28 for the quarter, representing a 27 percent increase over those of first quarter 2000.

2001

Waters reported that first quarter 2001 sales increased by 17 percent, as measured in local currencies.

2002

James Logan Waters grew up a headstrong and independent child in Lincoln, Nebraska, during the Great Depression. “Once the drought came, everyone suffered,” recalled Waters in an oral history conducted in 2002 by the Chemical Heritage Foundation.

2004

The most recent of these system innovations, introduced in 2004, has pushed the limits of separation science from high to ultra performance and was inspired by investigations into materials science.

2006

In 2006, Waters acquired Vicam, provider of bioseparation and rapid detection products for improving food safety and quality.

2012

On 11 June 2012, Waters India celebrated its silver jubilee anniversary in India.

2017

In his honor, Waters Corporation established the Jim Waters Society in 2017 to recognize employees for scientific achievement.

2019

At a ceremony in 2019, the University acknowledged Jim with a Pioneer Award for his continued service toward furthering the university’s mission of developing young scientists and contributing to the advancement of STEM education and careers.

2020

In January 2020, Waters acquired Andrew Alliance, an innovator company in specialty laboratory automation technology, including software and robotics.

In September 2020, Waters announced Udit Batra, Ph.D. as the company's President and Chief Executive Officer.

WCD launched its first personal computer software—known as ExpertEase—and introduced Millennium 2020 Chromatography Software for networked data management.

2022

"Waters Corporation ." International Directory of Company Histories. . Retrieved June 22, 2022 from Encyclopedia.com: https://www.encyclopedia.com/books/politics-and-business-magazines/waters-corporation

Work at Waters?
Share your experience
Founded
1958
Company founded
Headquarters
Milford, MA
Company headquarter
Founders
James Waters
Company founders
Get updates for jobs and news

Rate Waters' efforts to communicate its history to employees.

Zippia waving zebra

Waters jobs

Do you work at Waters?

Is Waters' vision a big part of strategic planning?

Waters competitors

Company nameFounded dateRevenueEmployee sizeJob openings
Varian Medical Systems1948$3.2B10,00014
Amgen1980$33.4B22,000729
Baxter International1931$10.6B48,000195
Danaher1969$23.9B80,0001,885
Gilead Sciences1987$28.8B11,800685
Ardent Technologies-$1.6M30-
Sigma-Aldrich1951$2.8B9,600-
Sanofi Genzyme1981$4.6B12,000-
NDI Engineering1966$28.1M12349
HdL Companies1983$17.0M5018

Waters history FAQs

Zippia gives an in-depth look into the details of Waters, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Waters. The employee data is based on information from people who have self-reported their past or current employments at Waters. 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 Waters. The data presented on this page does not represent the view of Waters and its employees or that of Zippia.

Waters may also be known as or be related to WATER CO LLC, Waters, Waters Corp. and Waters Corporation.