CHANHASSEN, MINN (June 10, 2013) – Emerson Process Management, a business of Emerson (NYSE: EMR), today announced it will expand capabilities for its Rosemount operations with the addition of a 500,000-square-foot building in Shakopee, Minnesota, located in the Valley Green Industrial Park. The expansion will be accomplished in phases over the next five years and will include a capital investment of up to $70 million and the addition of up to 500 new, highly skilled jobs. The expansion comes on the heels of the company’s recent $40 million investment to upgrade Rosemount’s existing Eden Prairie and Chanhassen facilities.
Emerson Process Management’s Rosemount business is recognized globally for its pressure, temperature, flow, level and wireless measurement instrumentation. Emerson Process Management’s automation and instrumentation technologies are widely used in the oil and gas, refining, and petrochemical industries that are experiencing robust growth.
“Our continued investments in innovation, combined with growing energy markets around the world, have fueled the need for more office and manufacturing space to meet the increasing demand for our products and services,” said Steve Sonnenberg, president of Emerson Process Management. “We are delighted to expand our operations here in Minnesota, which not only offers a quality workforce and excellent business climate, but also already serves as a major hub for Emerson in North America.”
Governor Mark Dayton said, “We are deeply grateful to Emerson Process Management for its decision to invest further in Minnesota and create hundreds of new jobs here. We are pleased to provide an $815,000 state sales tax exemption to assist with this exciting project. Thank you again to Emerson, and congratulations to everyone in Shakopee, who worked so hard to make it possible.”
The new location will become Emerson’s global headquarters for Rosemount measurement technologies. This expansion, along with existing facilities in Eden Prairie and Chanhassen, will support a 10-year growth plan for Rosemount technologies and build on industry-leading delivery and service capabilities. State and local incentives will help to finance the development of the facility, with support from the State of Minnesota, City of Shakopee, Scott County, Burnsville-Eagan-Savage School District.
Emerson Process Management currently has approximately 2,600 employees in Minnesota, including more than 2,000 employees who work in the Rosemount measurement business in the Eden Prairie/Chanhassen area. Rosemount was founded in Minnesota in 1956 and acquired by Emerson in 1976.
Emerson 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, water and wastewater treatment, mining and metals, food and beverage, life sciences and other industries. The company combines superior products and technology with industry-specific engineering, consulting, project management and maintenance services. Its brands include PlantWeb™, Syncade™, DeltaV™, Fisher®, Micro Motion®, Rosemount®, Bettis™, Daniel™, Ovation™ and AMS Suite.
Emerson based in St. Louis, Missouri (USA), is a global leader in bringing technology and engineering together to provide innovative solutions for customers in industrial, commercial, and consumer markets around the world. The company is comprised of five business segments: Process Management, Industrial Automation, Network Power, Climate Technologies, and Commercial & Residential Solutions. Sales in fiscal 2012 were $24.4 billion. For more information, visit www.Emerson.com