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Emerson (EMR) Business Wing Opens New Office in Germany

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Emerson Electric Co.’s (EMR - Free Report) business segment, Emerson Automation Solutions, recently opened a new office in Langenfeld, Germany. The company noted that the new office would offer remarkable improvements in terms of functionality, space, location and modernity for its workforce. The move aligns with Emerson’s motto of providing better services to customers.

Over the last six months, this Zacks Rank #3 (Hold) stock yielded a return of 12.77%, outperforming 8.74% growth recorded by the Zacks classified Machinery Electrical industry.

Inside the Headlines

Emerson’s new office in Germany would display state-of-the-art automation technologies that can improve the operational excellence of process companies and manufacturers through a program called Operational Certainty. It is an engineering-based program, introduced by Emerson, for helping industrial companies to attain Top Quartile performance (achieving capital performance and operations among the top 25% of peer companies).

The Langenfeld facility would train and educate customers for gaining experience with Emerson’s measurement and control devices, and safety and control systems. This would help the end users to outline appropriate ways through which the Operational Certainty technology can be used to enhance the efficiency, reliability and safety of their operations. Moreover, the customers would be able to study the aspects of Emerson’s Plantweb digital ecosystem – an accessible portfolio of software, hardware, intelligent services and devices.

Further, Emerson believes that this facility would refine its overall operations and would be significantly better than the Haan facility.

Stocks to Consider

ACCO Brands Corporation (ACCO - Free Report) has a positive average earnings surprise of 24.74% for the last four quarters and currently boasts a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

ARC Document Solutions, Inc. (ARC - Free Report) carries a Zacks Rank #2 (Buy) and has a positive average earnings surprise of 45.83% for the trailing four quarters.

Avery Dennison Corporation (AVY - Free Report) also holds a Zacks Rank #2 and has an average positive earnings surprise of 6.17% for the past four quarters.

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