![]() ![]() MOTORS® brand sold to Nidec Motor Corporation. On December 15, 1999, Emerson Electric Co, moving to boost its growth prospects, agreed to acquire Jordan Industries Inc's telecommunications equipment business for $440 million. His tenure was marked by development of a rigorous planning process, new product and technology development, acquisitions and joint ventures, and international growth.ĭavid Farr has served as CEO since 2000 and as chairman since 2004. Knight served as CEO from 1973 to 2000, and was chairman from 1974 to 2004. Electrical Motors Division, including the brand U.S. In 1962, acquired United States Electrical Manufacturing Company as the U.S. ![]() When he retired in 1973, the company had 82 plants, 31,000 employees and $800 million in sales. Under his leadership, Emerson diversified its business portfolio by acquiring 36 companies. "Buck" Persons was named company president. Senator from Missouri from 1953-1976, and a candidate for the Presidency of the United States in 1960. Symington went on to become the first United States Secretary of the Air Force from 1947-1950, a Democratic U.S. Emerson ranked 52nd among United States corporations in the value of World War II military production contracts. It quickly expanded its product line to include electric sewing machines, electric dental drills, and power tools.ĭuring World War II, under the leadership of Stuart Symington, Emerson became the world's largest manufacturer of airplane armament. In 1892, it became the first to sell electric fans in the United States. by Civil War Union veteran John Wesley Emerson to manufacture electric motors using a patent owned by the Scottish-born brothers Charles and Alexander Meston. Louis, Missouri as Emerson Electric Manufacturing Co. ![]()
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