![emerson flute ef80f emerson flute ef80f](https://i.ebayimg.com/images/g/IvoAAOSw13RgunnE/s-l300.jpg)
Emerson acquires Marconi’s outside plant and power systems business.Farr named chairman of Emerson’s board of directors, upon the retirement of Chuck Knight.Emerson launches its first corporate advertising campaign with tagline “Emerson.The company had also achieved its unprecedented record of 43 consecutive years of earnings growth and 44 years of consistent dividend growth. When Knight retires as CEO in 2000, Emerson sales during his tenure had risen more than 16-fold, to over $15 billion in 2000.The acquisitions strengthen the company’s position in both providing reliable backup power for the rapidly expanding telecommunications industry and building infrastructure to support Internet Protocol-based communications.
#EMERSON FLUTE EF80F SERIES#
Knight oversees a series of acquisitions totaling $2.5 billion.It was the first of several advanced technology centers the company opens to support new product development. The Emerson Motor Technology Center is established to support engineering and innovation in advanced motor design.In the 1980s, Emerson moves into the international arena, investing abroad to meet customers’ needs in expanding markets. Under Knight’s leadership, Emerson develops its best-cost producer strategy to meet the challenge of low-cost offshore competition.Over the next 20 years, Emerson continues to expand through cornerstone acquisitions such as Rosemount (process control instruments) in 1976, Copeland (compressors for air conditioning and refrigeration systems) in 1986, Liebert (uninterruptible power and precision cooling systems) in 1987 and Fisher Controls (process control valves and regulators) in 1992.
![emerson flute ef80f emerson flute ef80f](https://i.ebayimg.com/images/g/4voAAOSw3Bdfjxm1/s-l300.jpg)
Knight defines a new corporate strategy focused on new product and technology development, acquisitions and joint ventures and international growth. (Chuck) Knight succeeds Persons as CEO and builds on the solid foundation laid by his predecessor.
![emerson flute ef80f emerson flute ef80f](https://i.ebayimg.com/images/g/DfoAAOSwbIZg53KR/s-l300.jpg)
He retools and decentralizes Emerson’s manufacturing base and begins a continuing process of diversification. Led by Person’s focus on research and development and creating foreign markets, Emerson is reborn. “Buck” Persons is recruited as president. Upon the sudden death of Oscar Schmitt, William Snead assumes the presidency of Emerson until new, long-term management can be secured.