Topic > Company and industry research and analysis: Emerson…
The manufacturing industry spent a total of $204.5-160.8 billion on equipment expenses, while $43.7 billion dollars were spent on facilities. On the other hand, the mining industry saw capital spending ranging from $193.8 billion to $147.8 billion for facilities and $46 billion for equipment. This implies that there will be greater demand for Emerson Electric Co.'s monitoring services to ensure these facilities and equipment are operating efficiently. As the manufacturing industry booms around the world, there will be a growing demand for the company's services (US Census Bureau,
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