Stock price Emerson Electric Company (EMR) today

Emerson Electric Company is a large multinational holding company, a provider of technological services for the industrial, commercial and consumer markets. The Emerson Electric Company includes 235 manufacturing enterprises located around the world. It was founded in 1890 as the Emerson Electric Manufacturing Co. The company produced electric motors and the first electric fans in the United States, including the incredibly popular ceiling fans. Over the years, the company has increased sales of engines, has partnered with Sears to produce welding machines and with the Department of Armaments nnyh US forces, releasing brass sleeve during the Second World War.

Since 1954, the company has been heading for expansion through the takeover of other companies. In just 15 years, more than 35 companies have been absorbed, including White-Rodgers, Therm-O-Disc, U.S. Electrical Motors, Ridge Tool, and InSinkErator. By 2000, Emerson is becoming an international holding with annual sales of $ 15.5 billion.

By 2017, the holding’s revenue exceeds $ 22 billion, the company strengthens its business in energy supply systems and develops in additional directions, as well as invests capital in enterprises in many countries of the world.