Emerson Evaluating Strategic Alternatives for its Power Transmission Solutions Business

July 2, 2014

Emerson announced that it is evaluating strategic alternatives for its Power Transmission Solutions business unit, which is currently part of its Industrial Automation business.

Emerson announced that it is evaluating strategic alternatives for its Power Transmission Solutions business unit, which is currently part of its Industrial Automation business. Emerson continually evaluates the mix and competitive positioning of its businesses to maximize shareholder value, which may include adding or divesting operations, according to the announcement. The resulting plans for the business are expected to be determined and announced by the end of the calendar year.

With 2013 revenue of more than $600 million, the Power Transmission Solutions business is based in Florence, Ky., and has more than 3,000 employees around the world. The business designs and manufacturers couplings, bearings, conveying components, gearing, drive components, and supporting services and solutions, with brands including Browning, Jaure, Kop-Flex, McGill, Morse, Rollway, SealMaster, and System Plast.
 

Sponsored Recommendations

Learn About: Micro Motion™ 4700 Config I/O Coriolis Transmitter

An Advanced Transmitter that Expands Connectivity

Micro Motion™ G-Series Compact, Drainable Coriolis Flow and Density Meters

Micro Motion G-Series Coriolis flow and density meters are ideally suited for Process Monitoring and Optimization applications, offering easy selection with pre-selected models...

Learn about: Micro Motion G-Series Coriolis Flow and Density Meters

The Micro Motion G-Series is designed to help you access the benefits of Coriolis technology even when available space is limited.

Micro Motion 4700 Coriolis Configurable Inputs and Outputs Transmitter

The Micro Motion 4700 Coriolis Transmitter offers a compact C1D1 (Zone 1) housing. Bluetooth and Smart Meter Verification are available.