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It's about time Danaher (DHR) gets some love. This is Forbes on one of America's best-managed companies.

Electronics giant Danaher's quirky $7.7 billion (sales) product mix runs from aircraft safety equipment and submarine periscopes to infrared thermometers and hand tools. And if you mailed or received a package over the holidays, thank Danaher's Accu-Sort division, whose fixed-position lasers and scanners help sort 80% of all parcels shipped in the U.S. By imposing a just-in-time parts and manufacturing discipline, Danaher keeps inventory levels down and forces supply decisions to be made on demand. All this helps the bottom line. Five-year earnings-per-share growth has averaged 20%, ranking Danaher fourth in its sector for that metric.

Posted by edelfenbein at December 22, 2005 3:21 PM