500 Job Source
8000 W. Florissant Avenue
P.O. Box 4100
St. Louis, MO 63136
CEO: David Farr
Stock Symbol: EMR
Emerson is a global company that makes
a wide variety of products for industrial, consumer and commercial
Emerson's technologies and products include:
- Sophisticated process control systems that help ensure the
efficient, safe and high-quality production of everything from
petroleum and chemicals to food products and pharmaceuticals;
- Climate control technologies that enable environmentally friendly,
energy-efficient air conditioning and refrigeration for commercial
and residential cooling and comfort;
- Reliable power technologies that help safeguard the Internet
and phone and computer networks from electric power outages and
- Durable, energy-efficient electric motors used by commercial
businesses and that run many home appliances; and
- A range of other products that bring efficiency, organization,
convenience and comfort to homes and the workplace, such as closet
and storage systems, kitchen food disposers, ceiling fans, and
plumbing and hand tools.
Emerson has more than 60 divisions that operate approximately 235 manufacturing locations worldwide and market products in over 150 countries.
In fiscal 2012, Emerson reported revenues of $24.4 billion, a 1% increase, and net income of $2.0 billion.
“Emerson delivered another solid year of operational performance in 2012 despite a challenging global macroeconomic environment,” said Chairman and Chief Executive Officer David N. Farr. “The global economic climate is unusually weak for this stage in a normal recovery cycle. Our businesses remained focused on execution and managing through uncertain market conditions – hallmarks of Emerson’s culture. The record operating margin performance reflects our continuing efforts to drive innovation and operational excellence despite unique challenges, and provides a solid foundation as we move into 2013.”
In 1892, two Scotland-born brothers, Charles
and Alexander Meston, saw a tremendous business opportunity in
patenting a reliable electric motor and decided to launch a new
company. They persuaded John Wesley Emerson, a former Union army
officer, judge and lawyer, to be their principal investor. The
company, then known as Emerson Electric Manufacturing Co., quickly
began exploring new uses for the largely untested technology
of electricity in a variety of household and commercial applications.
In 1892, Emerson sold the first electric
fans in America - a product for which the company soon became
renowned. As the company grew, it expanded its product line by
attaching electric motors to new products such as sewing machines,
dental drills, player pianos and power tools.
During World War II, Emerson was a supplier
to the U.S. Army Air Force, becoming the world's largest manufacturer
of aircraft gun turrets.
Some of the benefits offered include:
Health & Dental Care
- Medical Plan - You and your dependents are provided managed
care benefits applicable to the location of your employment.
Besides coverage for hospitalization and medical care, the plan
includes provisions for hospice care, home healthcare, and skilled
nursing facility care.
- Prescription Drug Plan - Our health care plan provides prescription
drug coverage for outpatient drugs, both generic and brand name.
- Mental Health/Substance Abuse Plan - Through our Employee Assistance
Program (EAP), you can coordinate care for mental health or substance
abuse. The plan contains benefits for both free counseling sessions
and treatment programs.
- Dental Plan - This program is designed to encourage prevention
of dental problems as well as provide assistance with payment
of dental care expenses. Certain preventive services are covered
100% with no deductible.
Flexible Spending Account Program - You may make pre-tax
income contributions to a Flexible Spending Account for reimbursement
of eligible health care and dependent care expenses.
Life Insurance - Various life insurance plans are
available: Basic Term Life Insurance, Basic Accidental Death
& Dismemberment (AD&D) Insurance, and Travel Insurance
are free of charge. Optional Term Life Insurance (a supplemental
program available at group rates for the entire family) and Optional
AD&D Insurance are provided at favorable employee paid premiums.
Disability Income - Should you become disabled, you will
receive a percentage of monthly income, depending on your length
of service. Short-term and long-term disability coverage is provided.
Personal Insurance Coverage - You may purchase group homeowners,
renters, automobile, personal liability, long-term care, and
other insurance at group rates through Answer Financial.
Employee Savings Investment Plan (ESIP) - This plan allows
you to contribute from 1% to 40% of your total compensation.
For each dollar you contribute (up to 7% of your compensation
either before or after tax), the company will match $.60. These
matching funds are invested in parent company, Emerson,
stock. Vesting in the company contribution occurs at 20% per
complete year of service (100% in five years). Various investment
options are available.
Pension Plan - Employees make no contributions to the defined
benefit pension plan and are fully vested after five years.
Emerson Stock Purchase Plan - This plan allows you to
become a part owner of Emerson. As an employee, you may buy shares
of Emerson Common Stock through payroll deduction.
Tuition Reimbursement - Tuition and lab fee costs are reimbursed
100% upon successful completion of undergraduate and/or graduate
level courses taken on a voluntary basis.
Holidays and Vacation Emerson offers generous holiday
and vacation benefits.
Updated November 23, 2012