Emerson (NYSE: EMR) is extending the company’s long-time presence and leadership in cold chain management with the acquisitions of Locus Traxx and PakSense.
These investments in cargo solutions allow Emerson to provide consistent and safe control of food and other temperature-sensitive goods. Terms of the acquisitions were not disclosed.
Locus Traxx, based in Jupiter FL, offers real-time temperature loggers that can be monitored anytime, anywhere, using cloud-based analytics. This allows cargo owners to monitor food and high-value shipments throughout the entire supply chain to promote freshness and quality.
PakSense, headquartered in Boise ID, offers a full complement of temperature monitoring solutions fitting a range of shipments and cost/benefit scenarios that monitor the condition of perishable goods through the supply chain.
“With these acquisitions, we are expanding our leadership in helping growers, food processors, shippers, retailers and others to improve temperature controls, product quality and cargo monitoring throughout the supply chain,” said Mark Dunson, group vice-president, electronics and solutions, Emerson. “These expanded capabilities also help customers meet regulatory requirements for food quality and safety and reduce global waste.”
Already a leader in serving the global container shipping and food retail industries, Emerson will include Locus Traxx and PakSense in a newly formed business focused on cargo-based solutions.
Emerson currently supplies the latest innovations in remote monitoring services to 17,000 food retail sites globally, and has integrated its monitoring technologies within 2,000 vessels in the past 10 years.
For more information, access www.Emerson.com.
