Expansion increases geographic scope, customer base, and capability to helpcustomers improve electrical reliability
AUSTIN, TEXAS (April 17, 2003) - Expanding its Asset Optimization team, Emerson Process Management today announced that it has acquired substantially all of the assets of New England Electrical Testing Engineers NEETE), a leading supplier of electrical testing, maintenance, and engineering services for improved electrical safety and reliability. Emerson's Asset Optimization offering combines world-class services withinnovative technologies to improve the availability and performance of production assets. Electrical equipment is a critical element in the infrastructure of every industrial and commercial facility.
The acquisition of NEETE extends Emerson's position as the largest independent electrical testing, maintenance, and engineering service company in the USA byexpanding its geographic scope, customer base, and capabilities.Craig Llewellyn, president of Emerson's Asset Optimization division, commented, "NEETE's technology and expertise in engineering services and testing, along with their electrical design services, directly supports our strategy. Emerson, with the addition of NEETE, has formed an electrical services team of truly impressive proportions."
Emerson's comprehensive electrical service portfolio now spans Engineering Services, Acceptance Testing and Commissioning, Electrical Maintenance Services, Evaluation and Repair, Predictive and Preventive Maintenance Programs, Transformer Repair and Service, Oil Processing, Switchgear Testing, Calibration and Maintenance, Circuit Breaker Repair, Refurbishment and Upgrades, Project Management, Training Services, Power Systems Services, Conformity Assessment, Listing and Labeling, and more.About Emerson Process ManagementEmerson 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. Itsbrands include PlantWeb(R), Fisher(R), Micro Motion(R), Rosemount(R), DeltaV(TM), Ovation(R), AMS(R), MDC, and CSI.About EmersonSt.
Louis-based Emerson ( www.gotoemerson.com ) is a global leader in bringing technology and engineering together to provide innovative solutions to customers in process control; electronics and telecommunications; industrial automation; heating, ventilating and air conditioning; and appliances andtools.
Sales in fiscal 2002 were $13.8 billion.PlantWeb, Fisher, Micro Motion, Rosemount, DeltaV, and Ovation are marks of Emerson Process Management. Other marks are property of their respective owners.
