Emerson is a leading global manufacturing and technology company. With over $24B of revenue in 2011 and just shy of $24B in total assets, Emerson has a broad reach in our global economy. Emerson has over 133,000 employees and is ranked 120 by revenue on Fortune 500 list of America’s largest companies.
Emerson has 7 major business segments, with Process Management being its largest. Process Management provides products and services for precise control and monitoring of plants and factories to oil refineries, natural gas, pulp and paper, food and beverage. Process management had over $7B of revenue in 2011, and saw a staggering sales growth of 16% over 2010.
Network Power is the second largest Emerson business segment with over $6.8B in sales in 2011. They are a global leader in providing power backup and cooling systems, embedded solutions, for critical telecommunications networks, health care and industrial factories. Network Power grew its sales 17% in 2011 partially due to the acquisition of Chloride and Avocent companies. Chloride is an international provider of power back up systems and Avocent is a leader in providing solutions to help manage complex information technology problems for a multitude of technologies.
Emerson’s next largest business segment is Industrial Automation with over $5B is revenue in 2011. Industrial automation is a global manufacture of motors and drives, alternators and transmissions, and serves many different industries such as automotive, oil, gas and paper, solar and wind power. Industrial automation grew 23% in 2011 which is the reflection of increased sales worldwide in alternators, generators and transmissions.
Climate Technologies is a business segment within Emerson that yielded nearly $4B in sales and 5% annual growth in 2011. Climate Technologies is a global manufacture of heating and ventilation solutions for both the residential and commercial consumers. Creating efficient climate systems is more important...