Emerson Invests in Frugal Technologies
2023-11-21
ST. LOUIS (Nov. 20, 2023) – Emerson (NYSE: EMR), a global automation technology and software company, today announced it has made a strategic investment in Frugal Technologies, a Danish-based company that offers fuel optimization technologies that reduce energy use and emissions in shipping fleets. The investment aligns with Emerson’s fuel management and propulsion control and optimization expertise in its marine systems and solutions business.