Tag Archives: Emerson

A Day at the Market

New market analysis shows changing landscape A new report was released by HTF Market Intelligence this Monday, showing the current market shares held by major electrical apparatus companies and predicting future growth. The research covers the current market size of the global electrical apparatus market and its growth rates based on five-year history data along with company […]

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Bits & Pieces

Nuggets mined from all corners of the industry Emerson gives up on Rockwell. It’s a bit surprising when a couple of Midwest folks can’t get along, isn’t it? Especially when there’s $29 billion on the table. St. Louis-based industrial-automation systems maker Emerson Electric said Tuesday it abandoned its bid for Milwaukee’s Rockwell Automation after several rejections, and […]

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Open Valve for Pentair

Emerson buys valves & controls business for $3.15 billion Emerson Electric appears to be restructuring its image, one move at a time. In its third transaction this month, the St. Louis-based factory equipment maker said last week it would purchase the valves & controls business of Pentair for $3.15 billion. It demonstrates a continued departure […]

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Nidec & Emerson

Esteemed CEO purchases motors & drives divisions for $1.2 billion Nidec Corp., of Kyoto, Japan, announced Wednesday that it has agreed to purchase multiple businesses of Emerson Electric Co., of St. Louis, Mo. The total buy of 1.2 billion dollars is Nidec’s largest purchase ever and will include Emerson’s motors, drives, and electric power generation divisions. […]

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Emerson purchases remaining stake in EGS Electrical Group

St. Louis-based electrical manufacturer Emerson announced that it has signed an agreement to acquire SPX Corporation’s 44.5% minority interest in EGS Electrical Group, giving it 100% ownership of the business. The purchase price will be $571 million. Emerson and SPX have jointly held the business since 1997, with Emerson responsible for operational management and consolidation of results […]

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