Emerson acquires local Paine Electronics business

Acquisition expands Emerson’s capabilities in subsea and downhole measurement for oil and gas industry
 
Nov. 11, 2014 - PRLog -- East Wenatchee, WA. (11/07/2014) – Emerson (NYSE: EMR) announced on 11/04/14 that it acquired the Paine Electronics business from Paine Electronics, LLC, which will become part of Emerson Process Management, extending its leadership in providing measurement technologies for the oil and gas industries.

Since 1951, Paine has manufactured pressure and temperature sensors designed for long-term stability, accuracy and reliability for use in the toughest applications. From far below the earth’s surface, to exploring the universe, Paine has played a key role in sensor development and in helping companies all over the world, reach the farthest places possible.

In 2003, Paine moved its corporate headquarters to our valley and has since expanded with a newly designed Research & Development facility (that offers advanced design capabilities as well as simulation and testing facilities). They employ more than 100 people within manufacturing facilities in East Wenatchee and Renton and have been a dynamic supporter of our communities educational and charity support programs.

Paine’s products will join the Rosemount® portfolio of measurement technologies and will remain manufactured in our valley in support our community’s growth and employment.

“Paine’s products are a natural complement to our already-strong measurement technologies for the oil and gas industry,” said Tom Moser, group vice president of Emerson Process Management’s Measurement and Analytical technologies.  “We are excited about the synergy between our two companies and the opportunities for global business growth.”

About Emerson
Emerson (NYSE: EMR), based in St. Louis, Missouri (USA), is a global leader in bringing technology and engineering together to provide innovative solutions for customers in industrial, commercial, and consumer markets around the world. The company is comprised of five business segments: Process Management, Industrial Automation, Network Power, Climate Technologies, and Commercial & Residential Solutions. Sales in fiscal 2013 were $24.7 billion. For more information, visit www.Emerson.com

About Emerson Process Management

Emerson Process Management (www.EmersonProcess.com), an Emerson business, is a leader in helping businesses automate their production, processing and distribution in the chemical, oil and gas, refining, pulp and paper, power, water and wastewater treatment, mining and metals, food and beverage, life sciences and other industries. The company combines superior products and technology with industry-specific engineering, consulting, project management and maintenance services. Its brands include PlantWeb™, Syncade™, DeltaV™, Fisher®, Bettis™, Micro Motion®, Rosemount®, Daniel™, Ovation™ and AMS Suite.

Rosemount Specialty Products LLC (d/b/a Paine Electronics)
5545 Nelpar Drive, East Wenatchee WA 98802
Tel: (509) 881-2100 | Fax: (509) 881-2155
Url: www.paineelectronics.com
Email: moreinfo@paineelectronics.com

Contact
DIck Burkenpas
***@paineelectronics.com
End
Source: » Follow
Email:***@paineelectronics.com Email Verified
Tags:Paine Electroncis, Emerson, Rosemount
Industry:Consumer, Industrial
Location:United States
Account Email Address Verified     Account Phone Number Verified     Disclaimer     Report Abuse
Rosemount Specialty Products, LLC PRs
Trending News
Most Viewed
Top Daily News



Like PRLog?
9K2K1K
Click to Share