| November 4, 1894: |
Dr. Homer Stryker, Company founder, is born
in Athens, Michigan.
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Walking Heel (1936)
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Turning Frame (1936)
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| May 1925: |
Dr. Stryker receives medical degree from
the University of Michigan.
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| 1936 - 1939: |
Dr. Stryker invents turning frame and walking
heel while completing a degree in orthopaedic surgery
from the University of Michigan.
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| 1940: |
Dr. Stryker begins practice in Kalamazoo,
Michigan and establishes offices in Borgess Hospital.
The basement area is provided for research & development.
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| 1941: |
Dr. Stryker begins selling his inventions.
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| early 1940's: |
World War II creates heavy demand for the Company’s products.
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| February 20, 1946: |
Orthopedic Frame Company is incorporated.
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Oscillating Saw (Cast Cutter) (1947)
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| November 16, 1947: |
Oscillating saw is patented; it cuts casts without injuring
underlying skin. This is the forerunner to a broad line
of surgical instruments.
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| 1949: |
Company headquarters established at 420 Alcott Street
in Kalamazoo, MI.
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Lee Stryker
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Company name is changed (1964)
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| 1955: |
Dr. Stryker’s son, Lee Stryker, becomes General Manager
of the Company.
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| 1959: |
Circ-O-lectric Bed is introduced; Stryker Corporation
has 60 employees.
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| January 2, 1964: |
Company name is changed to Stryker Corporation.
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| November 11, 1969: |
Lee Stryker becomes Company President.
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| July 25, 1976: |
Lee Stryker dies in plane crash in Wyoming.
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| February 1, 1977: |
John Brown is named President and CEO of Stryker Corporation.
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John Brown
Chairman and CEO Stryker Corporation
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Stryker Corporation establishes Physical
Therapy Incorporated (1985)
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Syn-Optics camera
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| 1978: |
Annual Sales reach $22.7 million.
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| May 2, 1979: |
Initial public offering of Stryker stock.
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| August 1, 1979: |
Stryker acquires Osteonics Corporation and enters the
replacement hip, knee, and other orthopaedic implants
market.
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| May 1980: |
Dr. Stryker dies at age 85. John Brown becomes Company
Chairman.
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| 1981: |
Two separate sales forces, Medical and Surgical, are
created to improve focus and customer service. Annual
sales reach $43 million.
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| June 1985: |
Stryker begins collaboration on osteogenic protein (OP-1)
research.
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| September 4, 1985: |
Stryker establishes Physical Therapy Incorporated.
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| 1985: |
Stryker’s annual sales reach $100 million.
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| May 16, 1986: |
Company acquires Syn-Optics and expands into the fields
of arthroscopy and endoscopy.
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| March 13, 1992: |
George Bush, President of the United States, visits
Stryker’s facilities in Kalamazoo, Michigan.
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| October 1, 1992: |
Stryker acquires Dimso, SA and enters spinal fixation
business.
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| August 6, 1993: |
Company becomes part owner of Matsumoto Medical Instruments,
Inc. in Japan.
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Stryker is listed on New York Stock Exchange (1997)
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Stryker acquires Howmedica (1998)
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| 1993: |
Annual Sales of $550 million.
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| September 6, 1996: |
Osteo AG is acquired and Stryker enters the trauma market.
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| July 24, 1997: |
Company is listed on New York Stock Exchange after 18
years on the NASDAQ.
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| 1997: |
Sales reach $980 million and Company marks 21 consecutive
years of 20% earnings growth.
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| October 19, 1998: |
Industry Week magazine names the Osteonics division
one of the top 10 manufacturing plants in the U.S.
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| December 4, 1998: |
Stryker acquires Howmedica, a major player in the worldwide
orthopaedic market, from Pfizer, Inc. and nearly doubles
in size.
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| 1999: |
Annual sales reach $2.1 billion.
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Industry Week's Top Ten Manufacturing
Plant Award (1998 and 2000)
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Steve MacMillan
President and COO
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| 2000: |
Stryker is included in the S&P 500 and the Forbes
Platinum 400 for the first time.
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| October 16, 2000: |
Stryker Instruments earns Industry Week magazine's
top 10 manufacturing plant award.
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| October 17, 2001: |
Commercial launch of OP-1.
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| 2001: |
Annual sales reach $2.6 billion.
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| June 4, 2002: |
Surgical Dynamics Inc. is acquired to provide entry
into the interbody spinal cage market.
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| 2002: |
Sales reach $3.0 billion and Stryker is listed in the
Fortune 500 for the first time.
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| June 2003: |
Steve MacMillan joins Stryker as President and COO.
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| 2003: |
Company sales top $3.6 billion.
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| 2006: |
Company net sales top $5.4 billion.
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