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Emerson Electric

History

Emerson was founded in 1890 in St. Louis, Missouri. The company had a modest beginning. From 1950s onwards, they followed diversification with a keen focus. During the 1970s and 1980s, Emerson made a series of restructuring moves and strategic acquisitions.
Over the years, the company grew from a regional manufacturer into a global technology solutions powerhouse. Today’s Emerson is a diversified global technology company.

Mission

The mission of Emerson Electric is to help customers succeed and to build long-term value for shareholders. The company focuses strategically on four important global issues:
  • Business without Borders
  • Energy Efficiency
  • Communications Revolution
  • Resources for the World

Area of Operation

The businesses of Emerson Electric are:
  • Process Management
  • Network Power
  • Climate Technologies
  • Industrial Automation
  • Appliance Solutions
  • Storage Solutions
  • Professional Tools
  • Motor Technologies

Key Statistics

  • Emerson Electric holds assets of $18.67 billion.
  • Emerson Electric has made profits of $1.84 billion in 2006.
  • Emerson Electric operates in 150 countries across the globe.
  • Emerson Electric has 127,800 employees.

Organization

Leadership of the organization is provided by the Chairman and Chief Executive Officer.

International Ranking

  • Emerson Electric ranks 273 in the world according to Forbes Magazine list.
  • Emerson Electric ranks 372 in Fortune Global 500 list.

Recent Acquisition

In 2007, Emerson acquired Damcos Holding A/S.

Headquarter Address

Emerson Electric Co.
8000 W. Florissant Avenue
P.O. Box 4100
St. Louis, MO 63136
USA
Phone: (314) 553-2000

Last updated on : 21-Feb-2012 1:23 pm