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Emerson's strategy for growth is squarely focused on two core initiatives: Leveraging technology through companywide collaboration and a commitment to innovation that translates into technology leadership. Emerson operates six advanced development centers around the world that complement division level initiatives and identify innovative approaches to technological challenges. Expanding markets by focusing on new products, new geographic markets and the delivery of products and services in packages of solutions and systems that address some of the toughest challenges our customers face.

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These growth initiatives are supported by Emerson's long-term commitment to maintaining Operational Excellence. This involves a planning process to identify operational improvements that will help the company continuously deliver product quality, customer satisfaction, cost efficiency and asset utilization. Materials procurement and lean manufacturing initiatives are already providing the benefits of improved response time and reduced capital costs.