Emerson Electric Net Worth is3.1 12-Month Sales Growth (%)
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Emerson Electric Company (NYSE: EMR) is an American multinational corporation headquartered in Ferguson, Missouri, United States. This Fortune 500 company manufactures products and provides engineering services for a wide range of industrial, commercial, and consumer markets.
Emerson is one of the largest power equipment manufacturers in the USA. As of 2010, it has a workforce of approximately 127,800 employees worldwide, with a global presence spanning 150 countries.
Emerson was established in 1890 in St. Louis, Missouri (USA) as Emerson Electric Manufacturing Co. by Civil War Union veteran John Wesley Emerson to manufacture electric motors using a patent owned by the Scottish-born brothers Charles and Alexander Meston. In 1892, it became the first to sell electric fans in the United States. It quickly expanded its product line to include electric sewing machines, electric dental drills, and power tools.
During World War II, under the leadership of Stuart Symington, Emerson became the world's largest manufacturer of airplane armament. Symington went on to become the first United States Secretary of the Air Force from 1947-1950, a Democratic U.S. Senator from Missouri from 1953-1976, and a candidate for the Presidency of the United States in 1960.
In 1954, W.R. "Buck" Persons was named company president. Under his leadership, Emerson diversified its business portfolio by acquiring 36 companies. When he retired in 1973, the company had 82 plants, 31,000 employees and $800 million in sales.
Charles F. Knight served as CEO from 1973 to 2000, and was chairman from 1974 to 2004. His tenure was marked by development of a rigorous planning process, new product and technology development, acquisitions and joint ventures, and international growth.
David N. Farr has served as CEO since 2000 and as chairman since 2004.
On January 30, 2008, top executives from Emerson had meetings with the Costa Rican President and government authorities to open an operatio

Emerson Electric Latest News

Making stocks you should surely buy: General Electric Company (GE)

Davenport & Co LLC controls 4,144,182 shares valued at $111,934,000. JMP Securities began coverage on shares of Emerson Electric in a research note on Monday, June 19th. Here is Emerson Electric Co. Tightening the gaze, stock performance for the last 5 ...
Posted: July 21, 2017, 4:00 pm

BRIEF-Emerson Electric Co - ‍Emerson trailing qtrly order jumps 8 pct

* Emerson Electric Co - ‍Emerson trailing three-month orders increased 8 percent - SEC filing * Emerson Electric Co - trailing three-month underlying orders increased 9 percent excluding unfavorable currency translation of 1 percent * Emerson Electric ...
Posted: July 20, 2017, 4:28 am

Pggm Investments Sells A Little More Emerson Electric Company (EMR) Stock Last Quarter

Emerson Electric Company (NYSE:EMR). Pggm Investments reports that it lowered its investment in Emerson Electric Company shares by 35,448 shares in the quarter ending 06/30/2017. Its investment was valued at $53,813,000 a decrease of 4.2% as of the end of ...
Posted: July 24, 2017, 8:56 am
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