Lean Manufacturing Delivers: Emerson Reports Fourth-Quarter Sales up 12 Percent to $4.1 Billion ...

From Business Wire (press release), CA ... percent improvement in inventory turnover. Emerson's lean manufacturing initiatives have helped deliver these results. We expect to be ...

Emerson attributes supply chain operational efficiency improvements to lean manufactuing initiative ...

... Emerson (NYSE: EMR) announced that net sales for the fourth quarter of fiscal 2004, which ended September 30, 2004, increased 12 percent to $4,120 million, from $3,694 million in the fourth quarter of fiscal 2003. Underlying sales, which exclude the impact of exchange rates, acquisitions, and divestitures, were up 8 percent for the quarter, with solid gains worldwide in all businesses. Net earnings for the fourth quarter increased 28 percent to $354 million, or $0.84 per share, from $276 million, or $0.66 per share, for the fourth quarter of 2003. ...

Emerson (NYSE: EMR) is a global company that brings together technology and engineering to provide innovative solutions for our customers in a wide range of industrial, commercial, and consumer markets. St. Louis-based Emerson (www.gotoemerson.com) is a global leader in bringing technology and engineering together to provide innovative solutions to customers in process control; electronics and telecommunications; industrial automation; heating, ventilating and air conditioning; and appliance and tools. Sales in fiscal 2003 were $14 billion.