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Non-Tech : Emerson (EMR) -- Ignore unavailable to you. Want to Upgrade?


To: JakeStraw who wrote (18)1/30/2003 8:46:14 AM
From: JakeStraw  Read Replies (1) | Respond to of 105
 
Emerson Delivers Energy Savings For Tesco Supermarkets, Wins Expanded Energy Services Contract
Thursday January 30, 8:15 am ET
UK's Leading Food Retailer Signs Emerson Climate Technologies to Evaluate Energy-Using Equipment at 300 Additional Locations
biz.yahoo.com

ST. LOUIS & LONDON--(BUSINESS WIRE)--Jan. 30, 2003-- Emerson Climate Technologies, a business of Emerson (NYSE:EMR), today announced it has been awarded a contract to provide energy efficiency services for an additional 300 supermarket locations owned by Tesco PLC (LSE:TSCO), the largest food retailer in the United Kingdom. The new multimillion-dollar contract expands on a program begun last year that focused on 325 of Tesco's highest energy-using stores.

Under the contract, Emerson's Retail Services group will "energy commission" each of the 300 additional stores. E-Commissioning(TM) is Emerson's patent-pending approach to systematically examining, testing, and adjusting all energy-consuming equipment used in supermarkets - including refrigeration, HVAC, lighting and building control systems - to restore peak operating and energy efficiency. Emerson expects to complete its review of all of Tesco's supermarkets in the UK by April 2003.

"Emerson's E-Commissioning service has been very valuable in helping us identify, prioritize, and correct equipment issues and maintenance practices that cause higher-than-necessary electricity usage at our stores," said John Ashford, Tesco's head of engineering. "Expanding this program will enable us to achieve more efficient energy usage across all of our stores, which is good for the environment and good for our bottom line."

The E-Commissioning program performed on the initial 325 stores is expected to lower Tesco's electricity usage for these stores by at least 5 percent, delivering significant annual savings.

"Our work with Tesco has shown how cost-effective our E- Commissioning service is in helping a supermarket chain lower its energy costs and improve operations," said Neal Starling, vice president and general manager of Emerson's Retail Services group.

As part of the initial contract, Emerson also provided remote monitoring and controller technology for refrigeration equipment at 585 Tesco supermarket locations. The monitoring technology and equipment is manufactured by Emerson's Computer Process Controls division.

"Our Retail Services group is a great example of how Emerson is taking a leadership role in bringing technology and engineering together to offer our customers an innovative and cost-effective way to improve energy efficiency, lower costs, and conserve valuable natural resources," said Thomas E. Bettcher, business leader of Emerson Climate Technologies.

Based in Atlanta, the Retail Services division of Emerson Climate Technologies is the leading provider of energy and site monitoring services for the U.S. supermarket industry and other retail chains, serving more than 3,000 store locations in North America and Europe.