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Non-Tech : Emerson (EMR)
EMR 66.08+0.8%9:34 AM EDT

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From: JakeStraw2/5/2010 9:16:11 AM
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Emerson, Shell Sign Breakthrough Multi-Year Global Framework Agreement for Technologies & Services
finance.yahoo.com

February 5, 2010, 8:00 am EST

AUSTIN, Texas--(BUSINESS WIRE)--Emerson Process Management, a global business of Emerson (NYSE:EMR), announced today it has entered into a 5-year Global Framework Agreement (GFA) with Shell to serve as a Main Automation Contractor (MAC) on future capital projects globally.

Under the Agreement, Emerson will provide project and support services for Main Automation Systems, including Distributed Control Systems (DCS) and Safety Instrumented Systems. The contract also provides for ongoing maintenance of existing systems, plus the supply of new systems for Brownfield and Greenfield facilities.
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