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Economic Forecast Looks Solid
As we end 2004 and enter 2005, the U.S. economy appears to be headed into another solid year of above-trend growth.
Total output for the country, as measured by gross domestic product (GDP), should increase by 3.6 percent in 2005. This is below the 4.4 percent growth seen in 2004, but it is still above the nation’s long-term average growth rate.
By Stanley F. Duobinis, Ph.D.
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Emerson Acquires Drive Company
CHICAGO — Emerson’s Control Techniques Division announced the acquisition of Saftronics, Fort Myers, Fla. Saftronics is a leading provider of drives and drive systems for both industrial and commercial applications.
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Emerson Launches Full-Line Wholesalers
Emerson Climate Technologies launched the Emerson Full-Line Wholesaler program to the industry this month. The company believes this means more than establishing a network of wholesalers. It’s also about integrating technologies for better system communication.
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Emerson Reaches Out
ST. LOUIS — Emerson Climate Technologies launched an initiative to develop and strengthen relationships with industrial contractors who install, repair, and service refrigeration equipment for chillers, warehouse refrigeration equipment, and commercial rooftop air conditioning applications.
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