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Greater China is one of the fastest-growing regions in the world for Emerson. Combining the technological sophistication of Taiwan, the logistical and communications capabilities and global market awareness of Hong Kong, and the strength of China as a manufacturing base for global and regional sales, Greater China presents Emerson with tremendous opportunities.
Emerson first licensed technology to China through its Rosemount division in 1979. In 1992, the company opened its first factory, a manufacturing plant for Therm-O-Disc products, in Shenzhen. Since that time, Emerson has expanded rapidly, leveraging the opportunities offered by China's steady modernization to establish 30 wholly owned and joint venture facilities.
Recent major investment milestones include:
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2000 - |
the opening of Copeland's world-class Scroll compressor plant in Suzhou; |
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2001 - |
the acquisition of Avansys Power, today renamed as Emerson Network Power Co Ltd, in Shenzhen; |
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2003 - |
the plant openings of Emerson (China) Motor Company in Qingdao and Emerson Professional Tools in Shanghai. |
Hong Kong's unique position and strength in financial and information technology services - both within Greater China and throughout the global economy - make it a location unmatched in importance for the company's regional coordination, including Emerson's Greater China headquarters, Emerson Asia-Pacific headquarters, and the company's Asia-Pacific Procurement Office.
Emerson's involvement in Greater China is characterized not only by its rapidly increasing breadth of commitment - more than 60 percent of all Emerson divisions already have some presence - but also by its depth. Emerson is building the services and structures required to support its customers and sustain its presence in Greater China through active recruitment and training of talented local staff and creation of effective distribution, logistical and service infrastructures. At the same time, market-focused research and development are crucial in integrating Emerson more thoroughly into the region's economy and its research institutions. Emerson also provides MBA scholarships and sponsors doctoral research programs at Beijing's Tsinghua University, Shanghai's China Europe International Business School and Jiaotong University, the Hong Kong University of Science and Technology, and other universities in China.
Taiwan Emerson Electric Holdings Co. Ltd. was established in Taipei in 1992. In Taiwan, the company operates approximately 20 businesses that manufacture and market the company's products. Despite the regional economic downturn in recent years, Emerson has grown significantly in Taiwan as the technological excellences, which characterizes the nations' industrial base, provides the company with a challenging and competitive environment in which Emerson' brands are thriving. | |
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