Articles from Emerson

Emerson (NYSEEMR) has combined its comprehensive power expertise and renewable energy capabilities into the Ovation™ Green portfolio to help power generation companies meet the needs of customers navigating the transition to green energy generation and storage. By uniting the recently acquired Mita-Teknik software and technology with its own industry-leading Ovation automation platform, deep renewable energy knowledge base, cybersecurity solutions and remote management capabilities, Emerson has created a new extension of its power-based control architecture. The resulting portfolio focuses on the emerging clean energy market to provide simplified renewables automation to help power producers build and scale sustainable operations.

Sensi Smart Thermostats has announced the findings from its “Smart Home Data Privacy” inaugural survey. The survey, commissioned by Emerson’s (NYSEEMR) Climate Technologies business, asked 2,000 U.S. homeowners ages 18-76 to answer questions focusing on smart home product use and adoption. Key among the feedback was that 4 in 5 (80%) of smart thermostat owners and non-owners are concerned about smart thermostat manufacturers having access to personal data.

Global software and engineering leader Emerson (NYSEEMR) will provide automation technologies, software and analytics for the Ras Laffan Petrochemical Complex in Qatar as part of a consortium with Viasat Energy Services, a division of global communications company Viasat NASDAQ: VSATNASDAQVSAT)

Emerson (NYSEEMR) will report its first quarter results prior to market open on Wednesday, Feb. 8, 2023. Emerson senior management will discuss the results during an investor conference call that same day, beginning at 8:30 a.m. Eastern Time, 7:30 a.m. Central Time.

Global technology and software company Emerson (NYSEEMR) has been named the IoT Breakthrough 2023 “Industrial IoT Company of the Year” for the fifth time — an honor the company also received in 2018, 2019, 2020 and 2022. This year’s award recognizes the power of Emerson’s industry-leading Plantweb™ digital ecosystem, which now includes the AspenTech NASDAQ: AZPNNASDAQAZPN)

PETRONAS has recently inked a Memorandum of Understanding (MoU) with global technology and software company Emerson (NYSEEMR) to drive digital transformation and decarbonization initiatives.

Purdue University is using global software and engineering leader Emerson’s (NYSEEMR) advanced digital technologies to automate its Nanogrid House, a living lab for energy-efficient home research. Compared to today’s homes and businesses that are powered predominantly by alternating current (AC) power, the Nanogrid House can shift between AC and direct current (DC) power, which increases the ability to use renewable energy and lowers homeowners’ energy costs.

Korea Hydrogen Green Energy Network (KOHYGEN) has chosen global technology company Emerson’s (NYSEEMR) advanced automation solutions to help ensure the safety and reliability of its pioneering hydrogen infrastructure initiative, which recently marked the completion of the world’s largest hydrogen refueling station for commercial vehicles. The project is an important step toward the two organizations’ goals of reducing emissions, driving investment in hydrogen and accelerating the transition to a net-zero global economy.

Emerson (NYSEEMR), a global technology, software and automation leader, has appointed Peter Zornio as chief technology officer. Zornio, who previously served as chief technology officer for Emerson’s Automation Solutions business, will lead innovation strategy, overall product roadmap, technology and portfolio direction, central R&D functions, and industry standards across Emerson. He also joins Emerson’s Office of the Chief Executive, which helps develop and guide the company’s global business strategies.

Emerson (NYSEEMR) announced today that presentation materials from its investor conference will be made available at 7:15 a.m. Central Time / 8:15 a.m. Eastern Time on Tuesday, Nov. 29 at emersoninvestorconference.connectid.cloud. The conference will include presentations from President and Chief Executive Officer Lal Karsanbhai and other senior executives.

Emerson (NYSEEMR), a global software and engineering leader, has signed a five-year framework agreement with Equinor to provide operational support services to ensure continued safe and optimized oil and gas production from its pioneering Martin Linge platform in the Norwegian North Sea. The service agreement, which includes options for three additional five-year periods, covers maintenance and upgrades of the control technology, software and instrumentation. These technologies are helping to accelerate carbon-efficient production and empower remote operation from onshore for increased worker safety and reduced operating costs.

Emerson (NYSEEMR) will hold an in-person and virtual investor conference on Tuesday, Nov. 29, 2022 in New York City. The conference will include presentations from President and Chief Executive Officer Lal Karsanbhai and other senior executives.

Software and technology leader Emerson (NYSEEMR) today announced a memorandum of understanding with Origin Materials, Inc. (“Origin,” “Origin Materials”) NASDAQ: ORGNNASDAQORGN)

Emerson (NYSEEMR) today announced it has completed the previously announced sale of its InSinkErator® business to Whirlpool Corporation NYSE: WHRNYSEWHR)

Emerson (NYSEEMR) today reported results for its fourth quarter and fiscal year ended September 30, 2022.

Emerson (NYSEEMR) today announced a definitive agreement under which it will sell a majority stake in its Climate Technologies1 business to private equity funds managed by Blackstone (“Blackstone”) in a transaction valuing Climate Technologies at $14.0 billion. Emerson will receive upfront, pre-tax cash proceeds of approximately $9.5 billion while retaining a non-controlling ownership interest in a new standalone joint venture.

Emerson (NYSEEMR) announces it will now report its fourth quarter and full year 2022 results prior to market open this morning, Oct. 31, 2022. Emerson senior management will discuss the results during an investor conference call beginning at 8 a.m. Eastern Time, 7 a.m. Central Time.

Southern California Gas (SoCalGas), a regulated subsidiary of Sempra (NYSESRE), has selected Emerson’s NYSE: EMRNYSEEMR)

Building on a deep legacy of industry-leading digital automation expertise through its Plantweb™ digital ecosystem, global technology and software company Emerson (NYSEEMR) today shared its vision of a new software-defined automation architecture designed to catalyze the future of modern manufacturing.

Leveraging decades of digital innovation and leadership across all automation categories, global technology and software company Emerson (NYSEEMR) today announced the evolution of the Plantweb™ digital ecosystem to incorporate the AspenTech NASDAQ: AZPNNASDAQAZPN)

Global software and technology leader Emerson (NYSEEMR) today announced a strategic partnership with Braskem Idesa to provide digital automation technologies and engineering services across its operations to meet business performance metrics and achieve its sustainability goals. Braskem Idesa is a joint venture between Brazil-based Braskem, the largest producer of thermoplastic resins in the Americas, and Grupo Idesa, one of the biggest petrochemical companies in Mexico.

Specialty chemicals company LANXESS has selected Emerson (NYSEEMR), a global software and technology leader, as a Global Alliance Partner for automation technology, enhancing its existing long-standing relationship. By upgrading its control and safety systems, and digitally transforming its production facilities, LANXESS aims to optimize operational performance and support sustainability targets.

Emerson (NYSEEMR) will report its fourth quarter and full year results prior to market open on Wednesday, Nov. 2, 2022. Emerson senior management will discuss the results during an investor conference call that same day, beginning at 9 a.m. Eastern Time, 8 a.m. Central Time.

Emerson (NYSEEMR) today announced an agreement to sell its Russia business, including Metran, its Russia-based manufacturing subsidiary, and Emerson LLC in Russia, the sales and service organization for Metran, to the local management team. This announcement follows the company’s May statement to exit its Russia business and explore strategic options to divest Metran.

Emerson (NYSEEMR), a global technology and software leader, today announced a new “Go Boldly” tagline and global ad campaign reinforcing the evolution of the longtime manufacturing powerhouse. Building on the company’s cultural transformation and role as a technology and software partner across essential industries, “Go Boldly” spotlights the ways Emerson is helping the world’s largest companies reach their sustainability goals and optimize operations.

Emerson (NYSEEMR) today announced it has made a strategic investment through Emerson Ventures, its corporate venture capital arm, in Spearix Technologies, Inc., whose adaptive, multi-core radio processor provides a system-level solution for Industrial Internet of Things (IIoT) wireless communication.

Emerson (NYSEEMR), a global technology and software company, will provide integrated wind automation solutions and services to Taiyuan Heavy Industry Co., Ltd. (TYHI) for three greenfield wind farms located in Shanxi Province, China, a region experiencing high growth in its renewable generation base. Emerson’s wind turbine control software and expertise combined with TYHI wind turbines will deliver green energy to over 35 million residents located in Beijing and other Northern China cities.

Emerson (NYSEEMR) today reported results for its third fiscal quarter ended June 30, 2022 and updated its full year outlook for fiscal 2022.

Emerson (NYSEEMR) today announced an agreement to sell its InSinkErator® business to Whirlpool Corporation NYSE: WHRNYSEWHR)

In celebration of Emerson’s Sensi™ smart thermostat being named the first smart thermostat to receive the ENERGY STAR Partner of the Year – Sustained Excellence Award, St. Louis companies Emerson and Ameren Missouri are teaming up to offer consumers special, energy-saving technology.

The board of directors of Emerson (NYSEEMR) today declared the regular quarterly cash dividend of $0.515 per share of common stock payable Sept. 9, 2022 to shareholders of record at the close of business on Aug. 12, 2022.

Emerson’s (NYSEEMR) majority owned subsidiary, AspenTech NASDAQ: AZPNNASDAQAZPN)

Emerson (NYSEEMR), a global leader in technology and software solutions, has joined RE100, a global initiative bringing together businesses committed to 100% renewable electricity. This alignment with other sustainability pioneers in the effort led by Climate Group, in partnership with CDP, is the latest step in Emerson’s plan to source 100% renewable electricity by 2030.

Emerson (NYSEEMR) will report its third quarter results prior to market open on Tuesday, Aug. 9, 2022, following the report of AspenTech’s fourth quarter and full year 2022 results after market close on Monday, Aug. 8, 2022. Emerson senior management will discuss the results during an investor conference call that same day, beginning at 9 a.m. Eastern Time, 8 a.m. Central Time.

Mitsubishi Power Americas, Inc. has selected Emerson (NYSEEMR), a global software and engineering leader, to automate the world’s largest green hydrogen production and storage facility. The industry-leading hub will help integrate renewable energy by producing and storing green hydrogen for long duration energy storage. Mitsubishi Power will leverage Emerson’s hydrogen production experience and automation software expertise to increase safety, decrease costs and simplify maintenance across the life cycle of the facility.

Emerson (NYSEEMR) today announced it has acquired Fluxa, a leader in the life sciences industry that uses software and modern technology architectures to accelerate the speed to market for new therapies, drugs and vaccines. The acquisition builds on Emerson’s leading software and solutions portfolio and life sciences expertise. Emerson made an equity investment in Fluxa, which is based in Glendale, California, in 2021.

Global technology and software company Emerson (NYSEEMR) has been selected by Albioma (PAR: ABIO), a French independent energy provider, to help transition its coal-fired Bois Rouge plant to 100% renewable energy. As part of Albioma’s wider mission to transition all of its existing fossil fuel plants to renewable energy, Emerson’s automation systems and software will enable the coal-fired power station to convert to biomass feedstock.

Fintoil, together with Neste Engineering Solutions, has selected Emerson’s (NYSEEMR) automation software and technologies to maximize the operational performance of its biorefinery being constructed in the port of Hamina-Kotka, Finland. The plant will be the third-largest crude tall oil (CTO) biorefinery in the world and produce advanced biofuel and biochemical feedstocks that help lower emissions and reduce reliance on fossil-based fuels.

Emerson (NYSEEMR), a global leader in technology and software solutions, announced its sustainability strategy to achieve net zero greenhouse gas (GHG) Scope 1, Scope 2 and Scope 3 emissions by 2045. The company detailed its goal to reach net zero and its environmental, social and governance progress in its 2021 ESG report, published today.

Emerson (NYSEEMR), a global provider of industrial automation technology and software, has announced a framework agreement with paint manufacturer Jotun to automate and digitalize its global manufacturing facilities. The five-year agreement will enable Jotun to implement Emerson’s digital technologies to enhance all aspects of manufacturing automation in new factories, and for selected upgrades in some of its 39 existing factories around the world.

Global software and technology leader Emerson (NYSEEMR) and Toyota Australia have collaborated to transform part of Toyota Australia’s operations into a commercial-grade hydrogen production, storage and refueling plant. The project, supported by the Australian Renewable Energy Agency (ARENA), adopts Emerson’s automation expertise to provide the control system that helps Toyota Australia demonstrate the technical and economic feasibility of manufacturing hydrogen fuels, including the use of renewable solar energy.

Emerson (NYSEEMR) and AspenTech today announced the successful closing of the combination of Emerson’s industrial software businesses – OSI Inc. and its Geological Simulation Software business – with AspenTech to create a global industrial software leader (“new AspenTech”). With the close of the transaction, Emerson owns 55% of new AspenTech on a fully diluted basis and AspenTech shareholders own the remaining 45%. Shares of new AspenTech will begin trading on NASDAQ under the ticker symbol “AZPN” (previously AspenTech’s ticker symbol) starting May 17, 2022.

Emerson (NYSEEMR), a leader in heating, ventilation and air conditioning technologies and solutions, announced its Sensi™ smart thermostats have received the 2022 ENERGY STAR Partner of the Year Award. As three-time winner of the U.S. Environmental Protection Agency (EPA) and the U.S. Department of Energy’s highest honor, Sensi also receives the Sustained Excellence Award – the only smart thermostat to ever receive this award.

Emerson (NYSEEMR) today reported results for its second fiscal quarter ended March 31, 2022 and updated its full year outlook for fiscal 2022.

Emerson (NYSEEMR) will report its second quarter results prior to market open on Wednesday, May 4, 2022. Emerson senior management will discuss the results during an investor conference call that same day, beginning at 9 a.m. Eastern Time, 8 a.m. Central Time.

Process plant automation systems are engineered over a long period to ensure repeatable, reliable, available, and safe operations. However, increased connectivity to business systems has also increased the vulnerability of control systems to cyber-attacks.

HITA, a deep geothermal energy company in Belgium, has selected global software and technology leader Emerson (NYSEEMR) as a key technology provider in the discovery and development of geothermal energy sources in Northern Belgium. Emerson’s geological and reservoir modeling software will help reduce risk in selecting locations for renewable geothermal energy projects, increasing the safety and reliability of construction and operation while enabling long-term sustainable energy production from the earth’s heat.

Emerson (NYSEEMR) today reported results for its first fiscal quarter ended December 31, 2021 and updated its full year outlook for fiscal 2022.

Emerson (NYSEEMR), a leader in heating, ventilation and air conditioning technologies and solutions, announced its Sensi™ Touch smart thermostat has been selected by the Air Conditioning, Heating and Refrigeration Institute (AHRI) as a winner for the 2021 Integrated Home Competition.

Global technology and industrial software leader Emerson (NYSEEMR) has been named the “Industrial IoT Company of the Year” by IoT Breakthrough – an honor awarded to the company four of the last five years. IoT Breakthrough, which received nearly 4,000 nominations for the 2022 competition, recognizes Emerson’s technology and software innovation that is helping customers in essential industries realize safer, more efficient and sustainable operations.

Emerson (NYSEEMR) announces that it will now hold its 2022 annual shareholders meeting virtually, in lieu of an in-person meeting, in response to the ongoing COVID-19 pandemic. The annual meeting will continue to be held at 10:00 a.m. (CT) on February 1, 2022. Holders of record at the close of business on November 23, 2021 will be entitled to participate, submit questions, vote, and examine our shareholder list at the annual meeting by following the instructions available on the virtual meeting website at www.virtualshareholdermeeting.com/EMR2022 and using the 16-digit control number included in their proxy materials.

Emerson (NYSEEMR) will report its first quarter results prior to market open on Wednesday, Feb. 2, 2022. Emerson senior management will discuss the results during an investor conference call that same day, beginning at 9 a.m. Eastern Time, 8 a.m. Central Time.

Emerson (NYSEEMR) is helping accelerate technology development for large-scale offshore green hydrogen production. The company is developing software and systems to enable safe and efficient operation of the world’s first offshore green hydrogen production process on an operational gas platform.

Emerson (NYSEEMR) today announced it has acquired Mita-Teknik in an all-cash transaction. Founded in 1969, Mita-Teknik is a leader in the control automation business for wind power generation, equipping wind turbines and wind farms with technologies for optimal performance and unsurpassed reliability. This acquisition is highly complementary to Emerson’s existing control system portfolio and supports the company’s ability to help customers in their quest to digitally transform operations and meet sustainability goals.

Every year, 18.5 million tons of food scraps from grocery stores, food service facilities and other institutions end up in landfills. Emerson’s (NYSEEMR) InSinkErator™ business helps colleges and universities, high-capacity stadiums and commercial facilities in a multitude of sizes keep food waste out of landfills through Grind2Energy™, its large-scale food waste recycling system. InSinkErator has reached a significant milestone in its ongoing mission to stop food waste from ending up in landfills. Recently, InSinkErator celebrated diverting 100 million pounds of food waste from landfills through Grind2Energy.

TenneT, a leading European electricity transmission system operator, has selected industrial technology company Emerson (NYSEEMR) to provide software and services to optimize and secure the high-voltage transmission network responsible for delivering power to nearly 42 million people across the Netherlands and Germany.

Global technology and engineering leader Emerson (NYSEEMR) announced today a $100 million commitment to Emerson Ventures, its corporate venture capital initiative designed to accelerate innovation by providing early access to cutting edge technologies that solve real customer challenges. The investment commitment will advance the development of disruptive discrete automation solutions, environmentally sustainable technologies and industrial software in key industries.

Emerson (NYSEEMR) today reported results for the fourth quarter and fiscal year ended September 30, 2021.

ReNew ELP, a UK-based advanced recycling company, has selected Emerson (NYSEEMR) as its digital automation partner for its new plastics recycling plant in Teesside, North East England. Emerson’s advanced automation technology and software will help achieve safe, efficient operation of an innovative hydrothermal process to convert end-of-life plastics back into their original feedstock to produce new plastic products, reducing waste and pollution.

Emerson (NYSEEMR) will report its fourth quarter and full year results prior to market open on Wednesday, Nov. 3, 2021. Emerson senior management will discuss the results during an investor conference call that same day, beginning at 9 a.m. Eastern Time, 8 a.m. Central Time.

Global industrial software and technology leader Emerson (NYSEEMR) announced today a multiyear strategic framework agreement with BayoTech, an innovator in hydrogen solutions, to accelerate the delivery of hydrogen around the world. Emerson will deliver advanced automation technologies, software and products to enable BayoTech to build hundreds of hydrogen units to produce cleaner, lower-cost hydrogen.

Global software, technology and engineering leader Emerson (NYSEEMR) is collaborating with S&P 100 consumer products manufacturer Colgate-Palmolive Company NYSE: CLNYSECL)

Emerson (NYSEEMR) today appointed Elizabeth Adefioye as its first chief people officer. Adefioye, who previously served as chief human resources officer for Ingredion, will lead a newly consolidated human resources function, including accountability for culture, employee experience, end-to-end talent management, diversity, equity and inclusion, acquisition integration, organization development and effectiveness, total rewards and HRIS. She will have full responsibility for ensuring the people and culture agenda supports the company’s ambitious business objectives. She also joins Emerson’s Office of the Chief Executive, which helps develop and guide the company’s global business strategies.

Emerson (NYSEEMR) today announced the completion of a digital transformation project to increase the reliability of clean energy generation at Golden Valley Electric Association’s (GVEA) Eva Creek wind farm. The project improves the management of Alaska’s largest wind farm.

Emerson (NYSEEMR) today reported results for the third fiscal quarter ended June 30, 2021.

Emerson (NYSEEMR) will report its third quarter results prior to market open on Wednesday, August 4, 2021. Emerson senior management will discuss the results during an investor conference call that same day, beginning at 9:30 a.m. Eastern Time, 8:30 a.m. Central Time.

Emerson (NYSEEMR) today announced an agreement to sell its Daniel Measurement and Control Business to Turnspire Capital Partners. Daniel’s ultrasonic flowmeter and fiscal transfer system businesses are not included in the transaction.

Global industrial software and technology leader Emerson (NYSEEMR) today announced the launch of its Plantweb™ Optics Data Lake, an enterprise-level data management software solution that helps manufacturers reduce data complexity so that they can fully leverage operations data across a production site or from multiple sites to improve profitability enterprise-wide.

Global industrial software and technology leader Emerson (NYSEEMR) announced today the signing of a multi-year agreement with PureCycle Technologies, Inc. NASDAQ: PCTNASDAQPCT)

Emerson (NYSEEMR) today announced the publication of its 2020 Environmental, Social and Governance (ESG) Report, highlighting how the company develops and delivers technologies, software and services to enable greater sustainability, efficiency and safety for essential industries while supporting communities worldwide.

Emerson (NYSEEMR) is celebrating this year as the 100th anniversary of its Copeland™ brand, a name that has become synonymous with leadership in the design and manufacture of energy efficient, reliable compressors to power air conditioning and refrigeration systems that are enhancing and protecting environments where people live and work. It’s a milestone that Emerson will recognize over the next 12 months as the company continues to innovate advanced Copeland products to solve critical industry challenges.

Salt River Project (SRP), the largest electricity provider in the greater Phoenix area, has selected Emerson’s OSI digital grid solutions to reliably manage its distribution power grid, optimize operations and incorporate a growing supply of distributed energy resources. Emerson’s technologies and smart grid platform will coordinate the utility’s distribution operations that provide power to more than 1 million customers in central Arizona.

Emerson (NYSEEMR), a global software and technology leader, is donating a unique, sustainable refrigeration architecture developed at its Helix Innovation Center in Dayton, Ohio, to the city’s Gem City Market – a collaborative grocery store to provide fresh food amid a local food desert.

The board of directors of Emerson (NYSEEMR) today declared the regular quarterly cash dividend of fifty and a half cents ($0.505) per share of common stock payable June 10, 2021 to stockholders of record May 14, 2021.

Emerson (NYSEEMR) today reported results for the second fiscal quarter ended March 31, 2021.