Sales at Emerson's Commercial & Residential Solutions business segment increased 5% in the fourth quarter of the company's fiscal year. It was the strongest quarter of the year, with 7%...
Overall Emerson sales were down 2% in the second quarter of its fiscal year. Sales were affected by divestitures and acquisitions, with underlying sales up 2% in the quarter. Emerson's Commercial...
Emerson Electric Co. is selling its heating products division to NIBE Industrier AB.Terms of the deal were not disclosed.
The heating products unit was created in 1917 and has annual sales of about $75 million. Its products are used in the appliance industry including the cooking, dishwasher, and water heater segments. The transaction is expected to close by September's end.
Emerson, based in St. Louis, makes products ranging from motors for appliances to power tools. Earlier this month the company reported that its fiscal third-quarter net income rose 17 percent on higher sales across all divisions.
In a recently announced deal, Emerson Radio Corp. entered a licensing agreement with JS Karaoke (JSK) allowing the karaoke hardware and software distributor to make use of the Emerson trademark. Under the terms, a new wave of karaoke devices, including a microphone that can convert any DVD player and television set-up into a karaoke machine, plus other innovations to be announced at CES, will be produced by JSK subsidiary IXT Systems under the Emerson brand. The music arm of the company, Forever Hits, has struck deals with BMG, EMI, Sony, Universal and Warner Chappell for licenses and royalties.
By Mark Saunderson President Global Sources In-vehicle audio and video consumer electronics, or in-car entertainment products, are perhaps one of mainland China's fastest-growing and most dynamic industries, with many of the current players joining the line only in the last five to eight years. Between 50 percent and 70 percent of car A/V products from the mainland are shipped to the United States, Japan and major European markets, including the United Kingdom, Germany, Italy, France and Spain. Southeast Asia—particularly Malaysia, Indonesia and Singapore—is the second biggest export market. The Middle East is a booming market. OEM and ODM business are a staple among
Even after 80 years, the CE industry isn't slowing dowm By Jack Wayman Media Spokesperson, CEA Founder, International CES This year is a milestone for the consumer electronics (CE) industry, and for Dealerscope magazine, which has chronicled and served it well for the past eight decades. It is timely to take an overview of our dynamic industry's past 80 years: its inventions, product development and distribution; the people who marketed them; the government activities that aided or abetted progress; and the collective activity of our trade organizations. After all, we in the United States have a love affair with electronics; we account for