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The company acquires Germany-based Knürr AG and U.S.-based Artesyn Technologies further strengthening the capabilities of its network power business.
#EMERSON FLUTE 12063 TV#
Emerson airs its first-ever TV commercials to spotlight the company’s global capabilities.Emerson sales reach $17.1 billion, an 11 percent increase over the prior year.Emerson named one of the 100 Best Corporate Citizens by Business Ethics magazine.Emerson acquires Marconi’s outside plant and power systems business.Farr named chairman of Emerson’s board of directors, upon the retirement of Chuck Knight.Emerson launches its first corporate advertising campaign with tagline “Emerson.The company had also achieved its unprecedented record of 43 consecutive years of earnings growth and 44 years of consistent dividend growth. When Knight retires as CEO in 2000, Emerson sales during his tenure had risen more than 16-fold, to over $15 billion in 2000.The acquisitions strengthen the company’s position in both providing reliable backup power for the rapidly expanding telecommunications industry and building infrastructure to support Internet Protocol-based communications.
#EMERSON FLUTE 12063 SERIES#
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Led by Person’s focus on research and development and creating foreign markets, Emerson is reborn. “Buck” Persons is recruited as president. Upon the sudden death of Oscar Schmitt, William Snead assumes the presidency of Emerson until new, long-term management can be secured.