2007

Emerson, St. Louis, MO, reported sales for fiscal 2007 were $22.6 billion, an increase of 12% from the prior year. This was a result of 7% underlying sales growth. Currency translation added more than 2% and acquisitions, net of divestitures, added nearly 3% to reported sales growth.
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Sales for the fourth quarter ended Sept. 30, 2007, were $6.1 billion, an increase of 11% over the $5.5 billion reported in the same period last year. The company achieved underlying sales growth in the quarter of 7% excluding increases of 3% due to favorable currency exchange rates and 1% from acquisitions, net of divestitures.

Process Management in 2007 reported sales were up 17% to $5.7 billion. Underlying sales growth for the year was 11%, which excludes favorable impacts …

Electrical distributor McNaughton-McKay Electric Co., Detroit, MI, has acquired S+S GmbH and S & D GmbH in Wegberg, Germany, the largest Rockwell Automation distributor in Germany. S+S/S & D will operate under the name of Mc-Mc GmbH, McNaughton-McKay’s German subsidiary.
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McNaughton-McKay says the acquisition was made in response to customer feedback.” It says it wanted to find “a European source for providing technical and logistical support for an increasingly complex supply chain.”
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S+S/S & D has annual revenues of $15 million.&nbsp ; They have sales locations throughout central and southern Germany.&nbsp ; The S+S/S & D operation serves production equipment OEMs that ship their finished Smachines to U.S.-based companies.
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McNaughton-McKay …