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EMERSON ELECTRIC CO.

(EMR)
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Emerson Electric : Canada Announces Winners of 2021 Virtual STEM Competition

07/15/2021 | 10:38am EDT

CALGARY - Emerson Canada today announced the winners of its second annual virtual STEM competition, designed to foster creativity and ingenuity in the areas of science, technology, engineering and math (STEM) for children.

With the theme 'Build Back Better,' this year's participants were encouraged to imagine and create a better post-pandemic world with the goals of advancing clean energy, improving the food supply and strengthening society.

'The presentations were outstanding. We were honoured to have so many mentors encourage the students as well as highly respected judges from science and technology organizations select the winners,' said Ryan Garrah, president of Emerson Canada. 'With a focus on building a better post-pandemic world, the competition proved that the future is bright when you see the critical thinking, imagination and enthusiasm of all the students.'

The competition took place over several weeks and featured submissions from nearly 50 applicants, ranging from six to 16 years of age. More than 22 mentors from five Canadian universities and colleges helped the students think about and refine their ideas and presentations. Submissions were reviewed by the judges, with the top five finalists from each category selected to present their project via live video.

About Emerson

Emerson (NYSE: EMR), headquartered in St. Louis, Missouri (USA), is a global technology and engineering company providing innovative solutions for customers in industrial, commercial and residential markets. Our Automation Solutions business helps process, hybrid and discrete manufacturers maximize production, protect personnel and the environment while optimizing their energy and operating costs. Our Commercial & Residential Solutions business helps ensure human comfort and health, protect food quality and safety, advance energy efficiency and create sustainable infrastructure.

About Spartan Controls

Spartan Controls is the leading provider of automation, valves, measurement and process control solutions in Western Canada. For over 55 years, Spartan has provided customers with high performance solutions, industry expertise, lifecycle support, and technical training - delivering value our customers want.

Our automation solutions are used in all process industries including oil and gas, oil sands, mining, pulp and paper, power, pipeline, and municipal. We are dedicated to providing exceptional customer experiences where expertise and collaboration come together.

About Lakeside Process Controls

Recognized as a market leader, Lakeside provides complete automation solutions to a wide range of industries, optimizing process efficiency, ensuring reliability and up-time, while maintaining and prioritizing a high standard of safety and customer satisfaction. Lakeside's capabilities in process management, industrial automation, utilities expertise and digital transformation enable them to solve customers' challenges, keeping their operations running safer and delivering improved and measurable business results.

About Laurentide Controls

As the Emerson Impact Partner for Eastern Canada, Laurentide Controls connects customers with world-class solutions, superior local and global technical expertise, and life-cycle services for their clients' automation assets and needs. These capabilities enable them to partner with customers in their journey to be Top Quartile in their industry. Laurentide Controls has been helping industry thrive for over 50 years. They are the largest supplier of automation, and reliability solutions to industries in Eastern Canada. As an Emerson Impact Partner, they can offer a depth and breadth of best in class products and services that is unmatched in their territory.

Contact:

Tel: +1 314 553 2000

(C) 2021 Electronic News Publishing, source ENP Newswire

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Financials (USD)
Sales 2021 18 416 M - -
Net income 2021 2 313 M - -
Net Debt 2021 4 747 M - -
P/E ratio 2021 24,9x
Yield 2021 2,14%
Capitalization 57 090 M 57 090 M -
EV / Sales 2021 3,36x
EV / Sales 2022 3,15x
Nbr of Employees 83 500
Free-Float 62,3%
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Mean consensus OUTPERFORM
Number of Analysts 24
Last Close Price 95,50 $
Average target price 109,19 $
Spread / Average Target 14,3%
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Managers and Directors
Surendralal L Karsanbhai President, Chief Executive Officer & Director
Frank J. Dellaquila Chief Financial Officer & Senior Executive VP
James S. Turley Chairman
Jake Fritz Chief Information Officer & Vice President
Ram R. Krishnan Chief Operating Officer & Executive Vice President
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