YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Emerson completes $810M acquisition

Posted online

St. Louis-based Emerson Electric Co. completed its $810 million purchase of Providence, Rhode Island-based Textron.

The deal means Textron’s Tools & Test will be combined with Emerson’s Ridge Tool Co.

Rockford, Illinois-based Tools & Test makes electrical and utility tools, among other products.

Read more from the St. Louis Business Journal.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Open for Business: Belamour

Springfield event venue Belamour LLC gained new ownership; The Wok on West Bypass opened; and Hawk Barber & Shop closed on a business purchase that expanded its footprint to Ozark.

Most Read
SBJ.net Poll
Update cookies preferences