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Westmark Products history
Westmark Products company history timeline
Accordingly, 96 percent of the three medical equipment companies' stock was distributed to Squibb shareholders in January 1987, and a holding company for the former subsidiary was created, named Westmark International Inc.
In 1988, sales climbed to $365.2 million, and the company's net income surged into the black, reaching $10.7 million.
By mid-1989, ATL had introduced Ultramark 9, the result of its efforts toward developing digital ultrasound equipment, and the sales generated by the company increased markedly.
In 1989, the members of Alliance Federal Credit Union and KID Credit Union also merged with Westmark to increase the membership to over 29,000 members and seven conveniently located branches in Southeastern Idaho.
In 1991 ATL unveiled a new product employing digital ultrasound technology that was regarded by the medical industry as a significant advance in the applicability of ultrasound diagnoses.
In August 1993, ATL laid off 240 workers to mitigate losses incurred by the company as a result of a decline in sales from such uncertainties.
In 1998, Westmark applied for and obtained a State Charter and became Westmark Credit Union.
The credit union opened its first branch in the Boise area in 2004.
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Zippia gives an in-depth look into the details of Westmark Products, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Westmark Products. The employee data is based on information from people who have self-reported their past or current employments at Westmark Products. 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 Westmark Products. The data presented on this page does not represent the view of Westmark Products and its employees or that of Zippia.
Westmark Products may also be known as or be related to WESTMARK PRODUCTS, INC., Westmark Products and Westmark Products Inc.