Emerson Electric Co.: The St. Louis-based maker...
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From Times Staff and Wire Reports
Emerson Electric Co.: The St. Louis-based maker of industrial machinery and components, tools and computer products said profit rose 11% to $588 million from a year ago on sales of $7.1 billion, an increase of 6%. The company said the results reflected its emphasis on cost reductions and productivity improvements. Increased volume, a favorable pricing environment, strong international sales and record new-product sales also contributed to the growth.
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