Emerson Boosts Electric Actuator Offerings with Acquisition of EIM Controls Inc.
Leading actuator manufacturer joins Emerson Process Management’s Valve Automation division
ST. LOUIS, October 22, 2009 — Emerson Process Management announces that it has acquired Missouri City, Texas, USA, based EIM Controls Inc., a manufacturer of high-quality valve actuators. EIM Controls will join the company’s Valve Automation division, expanding Emerson’s electric actuator portfolio, while strengthening the company’s applications for FOUNDATION™ fieldbus and other major bus protocols.
“This is a strategic acquisition that adds value and strengthens our position in the competitive automation market,” said Dan Button, president of Valve Automation. “EIM Controls brings to Valve Automation a well-known reputation for reliability and extensive product line that perfectly complements our PlantWeb® digital plant architecture.”
The addition of EIM Controls brings Multi-turn and Quarter-turn actuators incorporating MCP, M2CP, TEC2000 and the ECP2000 electric and electronic controls into Emerson's portfolio.
Since 1949, EIM Controls Inc. has pioneered product innovation and design in the manufacturing of electric valve actuators. The company generated approximately $43.3 million (€29 million) in annual sales for the period ending September 30, 2009, and has 168 employees throughout the United States, Europe and Asia.
Terms of the deal were not disclosed.
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, pharmaceutical and other industries. The company combines superior products and technology with industry-specific engineering, consulting, project management and maintenance services. Its brands include PlantWeb®, Rosemount®, Syncade™, Fisher®, Micro Motion®, Daniel®, DeltaV™, Ovation®, and AMS™ Suite.
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 to customers through its network power, process management, industrial automation, climate technologies, and appliance and tools businesses. Sales in fiscal 2008 were US$24.8 billion and Emerson is ranked 94th on the Fortune 500 list of America’s largest companies. For more information, visit www.Emerson.com.
