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Emerson Electric office in Markham, Ontario. Emerson Electric Co. is an American multinational corporation headquartered in St. Louis, Missouri. [2] [3] [4] The Fortune 500 company delivers a range of engineering services, manufactures industrial automation equipment, climate control systems, and precision measurement instruments, and provides software engineering solutions for industrial ...
The company also sells power tools, largely made by TTI, and wet/dry vacs, made by parent company Emerson. [4] Ridgid produced a pinup calendar from 1935 until 2016. [5] Early renditions featured the work of American pin-up artist George Petty. Models having appeared on the calendar include Raquel Welch and Brooke Burke.
Rosemount Inc. is a subsidiary of Emerson Electric Company.Its headquarters is located in Shakopee, Minnesota, where they manufacture measurement instrumentation such as pressure, temperature, level, DP flow, and wireless, as well as analytical and detection instrumentation for gas analysis, liquid analysis, combustion measurement and flame and gas detection.
In February 1969, Emerson Electric announced plans to purchase Fisher Radio. [2] [3] To purchase Fisher, Emerson initially agreed to exchange 736,000 shares in a transaction worth approximately $75 million. [4] Emerson later agreed to pay approximately $37 million in stock to acquire Fisher. [5] The purchase was completed later that year. [6]
(Reuters) -Emerson Electric on Tuesday proposed to buy the rest of AspenTech that it does not own at a valuation of $15.1 billion, as the company looks to sharpen its focus on industrial automation.
In December 2016, Platinum Equity acquired the ENP business from Emerson Electric in a transaction valued in excess of $4 billion. The company was rebranded as Vertiv, and Emerson retained a subordinated equity stake. [11] Vertiv launched as a stand-alone business and appointed Rob Johnson as chief executive officer. [12] [13]
In 1986, GE Fanuc Automation Corporation was jointly established in the US by FANUC and General Electric (GE). Under the joint venture company, three operating companies, GE Fanuc Automation North America, Inc., in the U.S., GE Fanuc Automation Europe S.A. in Luxembourg, and Fanuc GE Automation Asia Ltd. in Japan were established (the Asian company was established in 1987).
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