Company Profile | November 1, 2000

Invacare Continuing Care Group (ICCG)

Source: Invacare Continuing Care Group (ICCG)
Invacare Corporation is the world's leading manufacturer and distributor of home medical equipment (HME) products and enjoys the leading market share position in a more than $3 billion worldwide market. In the 20 years since the current management has been in place, the company has grown from a small U.S. company with two product lines, 350 employees and $19 million in annual sales, to an international company that offers over two-dozen product lines in more than 80 countries, employs more than 5,500 people throughout the world, and had $878 million in sales in 1999. The company's world headquarters are in Elyria, Ohio, located outside of Cleveland. European headquarters are in Tours, France.

Invacare Corporation's mission is to provide, worldwide, the highest value in mobility products and home medical equipment for people with disabilities and those requiring home health care. To accomplish this, the company focuses on two basic fundamentals -- innovation and distribution. The company's name, in fact, stems from the slogan "Innovation In Healthcare."

The company is managed on a decentralized basis by an operating committee. Invacare continuously strives to achieve excellence through improved products, processes and service. The breadth and depth of the company's distribution system, together with the continuous search for new channels and expansion opportunities has allowed Invacare to literally explode new products into the marketplace.

Internally, Invacare employs its technological and personnel resources to their maximum potential. Externally, the company seeks to add value through acquisitions and partnerships with companies that provide synergistic relationships