Halyard Health
 |
|
| Public | |
| Traded as | : HYH S&P 400 Component |
| Industry | Healthcare |
| Headquarters | Alpharetta, Georgia, United States |
|
Area served
|
Worldwide |
|
Key people
|
Robert Abernathy (Chairman and CEO) |
| Products |
|
| Revenue | US$ 1.7 billion (2014) |
| US$ 94.3 million (2014) | |
| US$ 14.2 million (2016) | |
| Total assets | US$ 2,019.7 million (2016) |
| Total equity | US$ 2019.7 million (2016) |
|
Number of employees
|
12,000 worldwide |
| Website | halyardhealth.com |
Halyard Health, formerly Kimberly-Clark Health Care, is a medical manufacturer. Operating 11 global manufacturing facilities with 12,000 employees worldwide, Halyard Health generates approximately $1.7 billion in net revenues and is traded on the NYSE under the ticker symbol "HYH."
On March 26, 1872, Kimberly, Clark & Co. was established in Neenah, Wisconsin through the partnership of four businessmen—John A. Kimberly, Havilah Babcock, Charles B. Clark and Frank C. Shattuck.
The first healthcare product by Kimberly-Clark was absorbent wadding, intended to replace cotton. It was used as a bandage for wounded soldiers in World War I. Army nurses adapted the material for menstrual use. Kaycel fabric for surgical gowns was developed by Kimberly-Clark in 1960 for use in field hospitals during the Korean War.
In 1980, Health Care began to grow as it was separated from consumer packaged goods management and products, such as Kleenex, with a move to Roswell, Georgia. Kimberly-Clark Health Care had offices in North America, Latin America, Australia, New Zealand, China, Hong Kong, Europe, Asia and India. It also sold its products in more than 150 countries.
Kimberly-Clark Health Care opened European Health Care operations in Brussels in 1991.
In 1999, Kimberly-Clark Health Care expanded into new global markets.
In 1998, Ballard Medical Product, a maker of disposable medical devices for respiratory care, gastroenterology and cardiology, was purchased by Kimberly-Clark for $764 million.
That same year, Kimberly-Clark also acquired TECNOL Medical Products, Inc., a maker of disposable face masks and patient care products.
Kimberly-Clark acquired Safeskin Corporation in 2000, a maker of disposable gloves for healthcare, high technology and scientific industries.
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Wikipedia