Emerson To Build Control Valve Industry's Largest and Most Technologically-Advanced Research Lab
Multi-million dollar renovation and expansion will create the Fisher Technology Development Center
MARSHALLTOWN, IOWA (January 9, 2007) - Emerson Process Management today announced a multi-million dollar renovation and expansion of its Fisher® control valves research and development facilities in Marshalltown, Iowa.
The project will create the Fisher Technology Development Center, which will be the industry's largest and most advanced flow control research facility. It will be staffed by employees from Emerson's current research and development facility, with plans to add 15 R&D engineers. Construction is expected to begin in 2007. Ted Grabau, director of global technology for Fisher products, indicates the new facility will:
o Quadruple current air and water flow rate capabilities to permit testing of valves for larger and higher pressure applications.
o Increase pressure and flow sub-systems to support noise abatement research and product development.
o Provide new flow sciences research labs to support multi-phase, cavitation and real world fluid control problems.
o Expand dynamic performance test loops to accommodate larger valves.
o Support all new product development
o Improve customer demonstration and customer witness testing capability.
"Construction of this facility will allow us to continue to develop the innovative control valve technologies that help our customers maximize the performance of their plants," said Terry Buzbee, president of the Fisher division of Emerson.
Fisher control valves play a key role in managing the flow of materials through process systems in such industries as power, refining, chemical, and oil and gas production. With this renovation and expansion, Emerson is continuing the innovation and growth that dates back to 1880, when the Fisher Governor Company began its manufacturing operations in Marshalltown. Today, Emerson is the world's largest manufacturer of control valves, with sales, manufacturing and service facilities located worldwide
"Process manufacturers have been relying on Fisher valves for well over 100 years, and this expansion of our R&D capabilities will enable us to broaden our global reach to better meet the needs of our global customers," Buzbee said.
About Emerson Process Management
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, food and beverage, pharmaceutical and other industries. The company combines superior products and technology with industry specific engineering, consulting, project management and maintenance services. Its brands include PlantWeb®, Fisher®, Micro Motion®, Rosemount®, Mobrey®, Daniel®, Bristol®, DeltaV(TM), Ovation®, and AMS(TM) Suite.
About Emerson
Emerson (NYSE:EMR), based in St. Louis, is a global leader in bringing technology and engineering together to provide innovative solutions to customers through its network power, process management, industrial automation, climate technologies, and appliance and tools businesses. Sales in fiscal 2006 were $20.1 billion. For more information, visit www.GoToEmerson.com.
Contact:
John Wells, Emerson Process Management, Fisher
614 754 3288, John.Wells@EmersonProcess.com
Jerry Moon, Emerson Process Management
512 832 3089, Jerry.Moon@EmersonProcess.com
