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Emerson Electric (US)

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Investor

Investor profile

Emerson Electric (US)

USA

Company's website: www.emerson.com

T: +1 314 553 2000

Public company (NYSE: EMR)

Contact: Mr David N. Farr, Chairman and Chief Executive Officer

Emerson is a global leader in bringing technology and engineering together to create innovative solutions for customers through its Network Power, Process Management, Industrial Automation, Climate Technologies, and Appliance and Tools businesses.

Ted Cannis
JOHAN VANDERPLAETSE
Vice-president of Emerson Process Management in Eastern Europe

"Active investments in local knowledge-intensive industries help resolve employment issues in the regions and generate growth of supplier factories."

EMERSON GLOBAL

220 worldwide manufacturing locations (more than a half of these locations are outside the United States)
1/3 of Emerson sales from new products
Founded in 1890
More than 115,000 employees worldwide
Manufacturing and/or sales presence in more than 150 countries
$24.5 billion - sales in fiscal 2014. 
 

       
EMERSON IN RUSSIA
       
KEY DATES

1935: First supplies of Fisher Controls and Rosemount instruments (Emerson Process Management)

1989: Emerson received a state business license in the USSR

1991: Liebert (Emerson Network Power) opened an office in Moscow

1991: Rosemount and Fisher Controls opened their first sales offices in Russia; Fisher Controls was a part of Monsanto Corporation at that time

1992: Fisher-Rosemount Industrial Group created. Merger of Fisher Controls and Rosemount Moscow offices. Further growth of Fisher-Rosemount due to acquisition of Saab Marine Electronics, Westinghouse Process Control, Daniel (Emerson Process Management)

1993: First supplies of RIDGID tools to Russia (Emerson Commercial & Residential Solutions)

1996: Copeland Alco Controls offices opened in Russia (Emerson Climate Technologies)

1997: Control Techniques represented in Russia (Emerson Industrial Automation) 1998: RIDGID office opened in Russia

1998-2000: Acquisition of Hiross (Italy) and Ericsson Energy Systems AB (Sweden) (Emerson Network Power)

2002: Fisher-Rosemount renamed into Emerson Process Management, and other Emerson brands were combined based on type of business, including Emerson Network Power, Emerson Climate Technologies, Emerson Industrial Automation

2004: Emerson Process Management became an investor and a strategic partner of Metran, Industrial Group (Chelyabinsk). Large-scale retrofitting of measurement instrumentation production started

2004: Legal entity Emerson, LLC (Moscow) created which consolidated all Emerson businesses and brands represented in Russia and CIS

2004: Global Engineering Center for R&D created

2004-2005: Knurr AG (Germany) - brand of Emerson Network Power - introduced to Russia

2006: Customer Support Center Grand Opening in Chelyabinsk

2009: Avocent Corporation (Ireland) acquired by Emerson Network Power

2009: Roxar (Norway) acquired by Emerson Process Management

2010: Chloride (UK) acquired by Emerson Network Power

2011: Opening of the new manufacturing line for Fisher valves (Chelyabinsk)

2013: Construction of a new Emerson facility in Chelyabinsk started

Featured Projects: New Emerson facility in Chelyabinsk

Emerson plans to significantly expand its production in Russia by 2015. For this purpose, the company initiated construction of a new office and manufacturing facility in Chelyabinsk, CIS, in 2012. In addition to increasing the net area by 40%, it is planned to expand the range of products and services and increase the headcount in Chelyabinsk to 1,600 employees. Manufacturing area will be increased by 41% up to 24k sq.meters. The second project phase may expand the area to 43k sq. meters in the future. Grand Opening of the new Emerson facility in Chelyabinsk is scheduled for June 2015. See more photos in Facebook page.

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