1 Mixing Technicians from Ballard Medical Products submitted salaries.
Former CEO: Joanne B. Bauer
Status: Acquired by Kimberly Clark in 1999
Ballard Medical Products manufactures and markets medical products. Ballard focuses on developing innovative products through leading edge research and development. Ballard also acquires other companies to solidify their position within the industry. Ballard sells over 100 different products in 47 different countries and serves 16,000 hospitals and other medical care facilities worldwide. Thanks to the work of Ballard’s superior sales force, this organization has managed to obtain some strategic accounts that have increased revenue.
Ballard has been incorporated since 1978 under the name of Ballard Medical products. In 1996, Ballard managed to earn $103.5 million in sales of surgical appliances and supplies. At this time, Ballard had 987 employees. Soon after, Forbes named Ballard as one of the nation’s best small companies. After the accolades, Ballard acquired Cardiotronics Systems, a manufacturer of heart stimulation electrodes, for $11.4 million.
The year of 1996 was great for Ballard. Ballard Medical Products expanded by distributing products in England, Italy, Germany, Netherlands, Japan, France and Spain. By 1997, Ballard signed a contract with Premier. Premier forged alliances with 1,100 health care organizations and owners of 700 hospitals. Ballard’s alliance with Premier streamlined business practices by providing one point of contact to market and distribute Ballard Medical Products to multiple companies. Dale Ballard was the impetus behind the organization playing a leadership role in biomedical advancement.
Ballard operated with little to no debt prior to being acquired by Kimberly Clark in 1999. Kimberly Clark purchased Ballard Medical for $774 million. Ballard shareholders received $25 for each share of Ballard Medical stock. Kimberly Clark improved its product offering with Ballard Medical’s product offering and later added more products to the extensive line of health care products.
Ballard Medical careers were rewarding to employees. Ballard had little or no debt, and they valued their employees. Working at Ballard Medical Products exclusively is no longer an option since the organization was acquired by Kimberly Clark. Prior to the acquisition, Ballard culture promoted innovation and attentiveness to employees and clients. Employees enjoy the Ballard Medical benefits. Potential new hires should pursue Kimberly Clark if they are interested in the product line offered by Ballard Medical Products.
is the highest paying job at Ballard Medical Products at $0 annually.
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