Emerson Honored with 2006 Frost & Sullivan Award for Industrial Automation & Process Control Company of the Year
Consistent delivery of high value to customers results in company’s selection for third consecutive year
Palo Alto, Calif. — May 4, 2006 — Frost & Sullivan has selected Emerson Process Management, an Emerson business (NYSE:EMR), as the recipient of the 2006 Industrial Automation & Process Control Company of the Year Award. For the third consecutive year, Emerson has been singled out for consistently helping its customers achieve superior project and operational efficiencies in their businesses around the globe.
Frost & Sullivan presents the award each year to a company that has exhibited excellence in all respects, including business development, competitive strategy and leadership. The award recognizes the recipient’s consistent growth, outstanding management and customer service, and positive social and economic impact on local and national communities and customers.
Emerson integrates award-winning technologies into process automation, asset optimization, and manufacturing execution solutions based on PlantWeb® architecture, an innovative digital plant automation approach that has proven to deliver capital and operations cost reduction and performance improvement in thousands of installations around the world.
Emerson is proficient at collaborating with customers and engineering, procurement, and construction (EPC) contractors, leveraging Emerson automation expertise to support engineering, project management, commissioning, and subsequent maintenance activities. Having ramped up its industry center and automation project resources, Emerson has also emerged as a best-in-class major instrumentation vendor (MIV) and major automation contractor (MAC), with the ability to effortlessly execute large projects worldwide.
“Emerson has consistently increased its market share and has established itself as the market leader that can deliver financial value to its customers and superior returns for its shareholders,” said Frost & Sullivan Industry Manager Kishan M Bhat. "Emerson Process Management recorded 13 percent sales growth in 2005, following a strong 9% growth in 2004. Both years’ performance more than doubled the market growth.
Emerson continues to drive even more growth by leveraging its automation leadership role in successful premier industry startups, such as the 10-plant SECCO integrated petrochemical complex in China; by being awarded major contracts like that to upgrade BP’s three largest North American refineries, and was named automation supplier for capital projects in a seven year agreement with Suncor Energy Inc. of Calgary, Alberta.
“The technically skilled service of Emerson has always ensured that customers benefit in terms of process enhancement throughout the lifecycle of the system,” Bhat said. “The ability of the company to handle global projects at multiple locations has been repeatedly acknowledged by customers, and has resulted in remarkable repeat business volumes for Emerson Process Management.”
In recognition of its ongoing commitment to help customers drive global process efficiency and maximize profitability, Frost & Sullivan is proud to present Emerson Process Management with the 2006 Company of the Year Award within the industrial automation and process control space.
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, 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®, Fisher®, Micro Motion®, Rosemount®, Mobrey®, Brooks®, Daniel®, Bristol®, DeltaV™, Ovation®, and AMS™ Suite.
Emerson (NYSE: EMR), based in St. Louis, 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 2005 were $17.3 billion. For more information, visit www.GoToEmerson.com.
About Frost & Sullivan
Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company’s industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics. For more information, visit http://www.awards.frost.com or http://www.industrialautomation.frost.com.
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