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Follow on Google News | Emerson acquires local Paine Electronics businessAcquisition expands Emerson’s capabilities in subsea and downhole measurement for oil and gas industry
Since 1951, Paine has manufactured pressure and temperature sensors designed for long-term stability, accuracy and reliability for use in the toughest applications. From far below the earth’s surface, to exploring the universe, Paine has played a key role in sensor development and in helping companies all over the world, reach the farthest places possible. In 2003, Paine moved its corporate headquarters to our valley and has since expanded with a newly designed Research & Development facility (that offers advanced design capabilities as well as simulation and testing facilities). They employ more than 100 people within manufacturing facilities in East Wenatchee and Renton and have been a dynamic supporter of our communities educational and charity support programs. Paine’s products will join the Rosemount® portfolio of measurement technologies and will remain manufactured in our valley in support our community’s growth and employment. “Paine’s products are a natural complement to our already-strong measurement technologies for the oil and gas industry,” said Tom Moser, group vice president of Emerson Process Management’s Measurement and Analytical technologies. “We are excited about the synergy between our two companies and the opportunities for global business growth.” 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 for customers in industrial, commercial, and consumer markets around the world. The company is comprised of five business segments: Process Management, Industrial Automation, Network Power, Climate Technologies, and Commercial & Residential Solutions. Sales in fiscal 2013 were $24.7 billion. For more information, visit www.Emerson.com About Emerson Process Management Emerson Process Management (www.EmersonProcess.com) Rosemount Specialty Products LLC (d/b/a Paine Electronics) 5545 Nelpar Drive, East Wenatchee WA 98802 Tel: (509) 881-2100 | Fax: (509) 881-2155 Url: www.paineelectronics.com Email: moreinfo@paineelectronics.com End
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