Emerson Process Management opens new plant

Pharma

Emerson Process Management Magyarország, the Hungarian unit of the U.S.-founded manufacturer of the same name, yesterday inaugurated its new 25,000 sqm plant in Székesféhervár, northwestern Hungary.

Fisher, the control valve unit of Emerson, bought the property from Philips in 2013 and has currently moved into the building after a more than HUF 3 bln investment, Hungarian news agency MTI said.

Chairman-CEO David N. Farr said Emerson plans to move another division into the newly inaugurated site in the near future.

The Fisher division currently employs 550 employees, while Emerson’s other division Valve Automation in the city has a headcount of 50.

Emerson also has a sales unit in Budapest and a manufacturing base in Iklad, on the outskirts of the capital, MTI added, noting that the company employs about 2,000 people in Hungary.

ADVERTISEMENT

European e-commerce soars during pandemic - study Analysis

European e-commerce soars during pandemic - study

Lawmakers approve 2022 budget Parliament

Lawmakers approve 2022 budget

Duncan Graham reelected as BCCH president Appointments

Duncan Graham reelected as BCCH president

Chain Bridge to be closed for traffic for 18 months City

Chain Bridge to be closed for traffic for 18 months

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.