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MOCON creates four business units to support growing global footprintMinneapolis, MN, )
The four business units (and their headquarters) are: Permeation (Minneapolis), Package Testing (Ringsted, Denmark), Industrial Analyzers (Lyons, Colo.) and Microbial Detection (Minneapolis).
Over the past 15 years, MOCON has acquired multiple companies including Microanalytics, Round Rock, Tex.; Baseline, Lyons, Colo.; Lippke, Neuwied, Germany, and more recently, PBI-Dansensor, Ringsted, Denmark. The company has grown from a manufacturer of permeation equipment for packaging applications into also providing products and services for food safety, medical device, pharmaceuticals, mud logging, gas monitoring, aroma/odor analysis and more.
"This reorganization has been driven by organic growth, coupled with our recent acquisitions. By realigning our product portfolio, we will be better able to provide targeted product and service solutions, regardless of where in the world our customers are located. Our goal is to think globally and act locally," said Don DeMorett, chief operating officer, MOCON.
Key product offerings under the Permeation banner include instruments for analyzing film structures and packaging for oxygen, carbon dioxide and water vapor transmission. Also offered is testing for organic compounds and hazardous material transmission rates, as well as aroma, flavor, off odor and formulation analysis. In addition to instrumentation, this business unit offers standard and consulting testing services.
Package Testing includes headspace analysis instruments (oxygen, carbon dioxide and carbon monoxide), leak detection, package integrity, seal and burst testers, modified atmosphere gas analysis, as well as in-line gas blenders and leak detectors.
The Industrial Analyzers business unit offers gas chromatography and continuous environmental air and water quality monitors. The product line also includes complimentary products such as multipoint samplers, calibration systems, sample conditioners, support gas generators and data acquisition systems.
The Microbial Detection unit is anchored by the GreenLight® food safety product line which provides automated rapid, precise, same-day microbial count results in a cost-effective manner with reduced process variability.
"MOCON and its subsidiaries sell products and services in six continents and more than 75 countries. The creation of the four global business units, which will be supported by significant regional operations and distributors around the world, will provide consistent quality and service to our global client base," DeMorett said.
This press release contains forward-looking statements that involve a number of risks and uncertainties. Important factors that could cause actual results to differ materially from those indicated by such forward-looking statements include but are not limited to: uncertainties relating to competition and technological change, setbacks in product development program, slower-than-anticipated customer acceptance of new products, dependence on certain key industries, risk associated with the Company's acquisition strategy and international operations, and other factors set forth in the Company's filing with the Securities and Exchange Commission.
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