UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
FORM
8-K
CURRENT
REPORT
PURSUANT
TO SECTION 13 OR 15 (d) OF THE
SECURITIES
EXCHANGE ACT OF 1934
Date of
Report (Date of earliest event
reported):
February 22, 2011
Emerson
Electric Co.
(Exact
Name of Registrant as Specified in Charter)
|
Missouri
|
1-278
|
43-0259330
|
||
|
(State
or Other
|
(Commission
|
(I.R.S.
Employer
|
||
|
Jurisdiction
of
|
File
Number)
|
Identification
Number)
|
||
|
Incorporation)
|
|
|
|
8000
West Florissant Avenue
|
||
|
St.
Louis, Missouri
|
63136
|
|
|
(Address
of Principal Executive Offices)
|
|
(Zip
Code)
|
Registrant’s
telephone number, including area code:
(314)
553-2000
Check the appropriate box below if the
Form 8-K filing is intended to simultaneously satisfy the filing obligation of
the registrant under any of the following provisions:
¨ Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
¨ Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
¨ Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
¨ Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
Item
7.01. Regulation FD Disclosure.
The
following information is furnished pursuant to Regulation FD.
Emerson GAAP Underlying
Orders – 3 Month Summary
(Percent
change. Trailing 3-month average versus prior year.)
|
November ‘10
|
December ‘10
|
January ‘11
|
|||
|
Process
Management
|
>+20
|
>+20
|
>+20
|
||
|
Industrial
Automation
|
>+20
|
>+20
|
>+20
|
||
|
Network
Power
|
+5
to +10
|
0
to +5
|
-5
to 0
|
||
|
Climate
Technologies
|
0
to +5
|
+5
to +10
|
+15
|
||
|
Tools
and Storage
|
0
to +5
|
0
to +5
|
+5
|
||
|
Total
Emerson
|
+15
to +20
|
+10
to +15
|
+15
|
January 2011 Order
Comments:
Emerson
order growth was strong at 15 percent in the trailing three-month
period. Currency exchange rates had a negligible impact on orders and
total fixed rate orders remained at approximately 15 percent. Our
monthly comparisons will get tougher moving forward, as trailing three-month
orders turned positive in January 2010.
Process
Management order trends were strong across all world areas and major end
markets. Capital spending is increasing across the customer base and
project activity remains strong as end markets served are in the early stages of
a strong global recovery. Currency exchange rates positively impacted
orders by approximately one percentage point.
Industrial
Automation orders remained strong as recovery continued in global capital goods
end markets. Order growth continued to be led by strength in the
power generating alternator and electrical drives businesses.
Order
trends for Network Power were negatively impacted by declines in the Network
Power business in Asia and the embedded computing and power
businesses. These businesses faced tougher prior year comparisons as
they were collectively up more than 30 percent in the same period last
year. Order rates for the uninterruptible power supply, precision
cooling and DC power businesses, excluding Asia, were strong as computing and
communications end markets continue to recover.
Climate
Technologies orders further strengthened, with improvement in Asia and North
American residential end markets, partially offset by weakness in Europe.
Refrigeration end markets remained strong globally.
Tools and
Storage orders improved slightly, with strong growth in the tools business
partially offset by weakness in the storage business as U.S. residential markets
continued to be depressed.
Forward-Looking and
Cautionary Statements:
Statements
in this Current Report on Form 8-K that are not strictly historical may be
“forward-looking” statements, which involve risks and uncertainties, and Emerson
undertakes no obligation to update any such statements to reflect later
developments. These risks and uncertainties include economic and currency
conditions, market demand, pricing, and competitive and technological factors,
among others, as set forth in the Company's most recent Form 10-K filed with the
SEC.
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
|
EMERSON
ELECTRIC CO.
(Registrant)
|
|
Date: February
22, 2011
|
By:
|
/s/
Timothy G. Westman
|
|
Timothy
G. Westman
Vice
President, Associate General Counsel
and
Assistant Secretary
|