Emerson Industrial Automation, Power Transmission Solutions business unit, was recently awarded the 2010 Northern Kentucky International Trade Award of Excellence. The award recognizes regional companies who have distinguished themselves through successfully engaging in international trade. Companies are judged on revenue generation, global network, risk mitigation and organizational structure. The award was presented by Kentucky Congressman Geoff Davis. According to Tony Pajk, Power Transmission Solutions president, "This award recognizes the ability of our people to successfully execute our global growth strategy in a highly competitive world. As a solutions provider, we clearly understand that making our global customers successful through our international presence offers significant benefits for our employees, our supplier partners and all the communities in which we operate."
Power Transmission Solutions currently has two plants in Canada, two in Mexico, two in Brazil, seven in the United States, five in Europe and three in Asia. The company is also partnering with current customers to expand its presence in international markets. Examples include: gas turbines for energy applications, hydrofoil and fast ferry applications, wind industry components and a high-speed conveyor chain that helps bottling and food packaging companies meet their global water conservation targets. Conservation of fresh water is key to emerging markets.
Brad Gossard, global vice president of marketing, notes, "We integrate the services of our international locations into the daily operation of our U.S. facilities. This has shortened our reaction time for dynamic market changes and opportunities."