Danaher Corp. is a diversified medical conglomerate that specializes in the design, manufacture and sales of medical, industrial, as well as commercial products and services. The company is named after Danaher Creek in Western Montana, where founders Steven M. Rales and Mitchell Rales conceptualized the company and its name while fishing. The firm was one of the original firms in North America to adopt Japanese “Kaizen” manufacturing principles that focus on continuous improvement and reduction of waste. The company operates in the following platforms: Life Sciences, Diagnostics and Environmental & Applied Solutions. Danaher Corp. has been ranked as high as 130th on the Fortune 500 list of top American companies by revenue. The company is headquartered in Washington DC.