Emerson Electric Co.
 |
|
| Public | |
| Traded as | |
| Industry | Electrical equipment |
| Predecessor | Emerson Electric Manufacturing Co. |
| Founded | 1890 |
| Founder | John W. Emerson |
| Headquarters | Ferguson, Missouri, U.S. |
|
Area served
|
Worldwide |
|
Key people
|
David N. Farr (Chairman & CEO) |
| Products | Process control systems Climate technologies Power technologies Industrial automation Electric motors Storage systems Network power Professional tools |
| Revenue |
 $22.304 billion (2015)
|
 $2.710 billion (2015)
|
|
| Total assets |
$22.088 billion (2015)
|
| Total equity |
$8.128 billion (2015)
|
|
Number of employees
|
111,000 (2015) |
| Divisions | List of business platforms |
| Website | Emerson.com |
The Emerson Electric Company (: 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 has approximately 111,000 employees and 205 manufacturing locations worldwide.
Emerson was established in 1890 in St. Louis, Missouri 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. Emerson ranked 52nd among United States corporations in the value of World War II military production contracts. 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.
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