Emerson plans on delivering $500,000 in new equipment to its facility in Sherman, MS. Because of this
, and its promise of new jobs for the region, the Sherman Economic Development Corp. has approved $150,000 in grants for Emerson.
"We have a relatively new Fisher product that will be reloca...
Calgary-based Pembina Pipeline Corp. has signed a 20-year deal with Chevron to build natural gas pipelines and processing facilities for a potential production operation in northwest Edmonton, Alberta. The infrastructure developed over the term of this
has the potential to represent a multi-...
At 54.3 in February, the seasonally adjusted Markit Flash U.S. Composite PMI Output Index dropped from 55.8 in January but remained above the 50.0 no-change value for the twelfth consecutive month. The
signaled that private sector output growth moderated from the 14-month high recorded ...
The National Association of Manufacturers (NAM) kicked off the 2017 State of Manufacturing Tour at Emerson Innovation Center in Austin, TX—a “hotbed of modern manufacturing.” The
is the first in a series of stops in six states throughout the next week, including a visit with Pr...
Emerson Process Management sales grew 19%, as global energy investments and backlog conversion related to the Thailand flooding generated robust growth. Underlying sales increased 23% and currency translation deducted 4%, with the U.S. up 29%, Asia up 25%, and Europe up 14%. Project activity in oil and gas, chemical, and power end markets continued at a brisk pace across all product lines. Segment margin of 23.1% increased 270 basis points from the prior year quarter, primarily driven by volume leverage and cost reduction benefits. Recovery of sales delayed by the Thailand flooding progressed as expected, contributing to strong volume leverage. Underlying orders, which exclude currency translation, grew 17% in the quarter, resulting in backlog remaining at a high level, and supporting a favorable outlook in Emerson Process Management for the next several quarters.