From: JakeStraw | 8/4/2009 7:51:24 AM | | | | Emerson Announces Third Quarter 2009 Results finance.yahoo.com
* Sales of $5.1B, flat with second quarter 2009 * Earnings per share of $0.51 * Free Cash Flow of $800M, Up 19% from third quarter 2008; Operating Cash Flow of $916M, Up 11% * Expects full year earnings per share $2.20 to $2.30 |
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From: JakeStraw | 8/24/2009 10:40:43 AM | | | | Emerson chosen by Dynamic Fuels to digitally automate first commercial-scale renewable diesel plant in North America finance.yahoo.com
Emerson’s PlantWeb® digital architecture selected for revolutionary venture between Tyson Foods, Inc., and Syntroleum Corporation to convert animal fats and greases into ultra-clean, renewable diesel
Monday August 24, 2009, 9:00 am EDT
AUSTIN, Texas--(BUSINESS WIRE)--Dynamic Fuels, a 50/50 venture of Tyson Foods, Inc., and Syntroleum Corporation, has awarded Emerson Process Management the contract to digitally automate North America’s first commercial-scale renewable diesel plant. With Emerson’s PlantWeb® digital architecture, Dynamic Fuels will gain optimum control through the networking of thousands of Emerson smart devices, systems, and predictive maintenance software.
The $138 million facility in Geismar, La, which is scheduled to begin operations in early 2010, will use Syntroleum’s revolutionary biofuels manufacturing process – Bio-Synfining™ – with plans to convert animal fats and greases into 75 million gallons/year of ultra-clean, renewable diesel fuel. With some plant modifications, the Geismar facility can also produce renewable jet fuel. |
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From: JakeStraw | 10/6/2009 9:04:02 AM | | | | Emerson to buy Avocent for $1.2 billion in all cash deal Tuesday October 6, 2009, 7:50 am EDT finance.yahoo.com
Huntsville, Ala.-based Avocent makes network equipment and software and had sales of about $657 million last year. |
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From: JakeStraw | 11/3/2009 8:05:54 AM | | | | Emerson Reports Fiscal 2009 Results with Improving Trends in Fourth Quarter finance.yahoo.com
* Fourth quarter sales of $5.3 billion, up 4.6 percent from third quarter 2009 * Fourth quarter earnings per share of $0.67 * 2009 Free cash flow matching 2008 level of $2.6 billion; Operating cash flow of $3.1 billion versus $3.3 billion in 2008 * Quarterly dividend increased to $0.335 per share |
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From: JakeStraw | 2/5/2010 9:16:11 AM | | | | 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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From: JakeStraw | 6/22/2010 10:53:52 AM | | | | Emerson and Korea South East Power Company to Collaborate on Power Plant Projects finance.yahoo.com
KOSEP Will Utilize Emerson’s State-of-the-Art Automation, Control, and Instrumentation Technologies in Power Plants in Emerging Markets
June 22, 2010
PITTSBURGH--(BUSINESS WIRE)--Emerson Process Management, a business of Emerson (NYSE: EMR), and Korea South East Power Company (KOSEP) have signed a Memorandum of Understanding to collaborate on modernizing existing power plants and constructing new ones in Korea, the Middle East, Africa, Southeast Asia, and Latin America. |
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