Monday, November 10, 2014

Capabilities in subsea & downhole measurement for oil and gas industry enhanced!

The Paine Electronics business is to become part of Emerson Process Management. Paine Electronics, a leading manufacturer of pressure transducers, is recognised worldwide for its pressure and temperature instrumentation used in some of the most challenging environments.

Tom Moser
“Paine’s products are a natural complement to our already-strong measurement technologies for the oil and gas industry,” said Tom Moser, group vice president of Emerson Process Management’s Measurement and Analytical technologies. “We are excited about the synergy between our two companies and the opportunities for global business growth.”

With this acquisition, Emerson Process Management extends its leadership in providing measurement technologies for the oil and gas industry with expanded upstream capabilities in subsea and downhole drilling operations. Paine’s products will join the Rosemount® portfolio of measurement technologies. Terms of the acquisition were not disclosed.

Since 1951, Paine has manufactured pressure and temperature sensors designed for long-term stability, accuracy and reliability in physically harsh environments. Paine Electronics earlier this year opened a new research and development centre that offers advanced design capabilities as well as simulation and testing facilities. Paine has more than 100 employees and manufacturing facilities in East Wenatchee and Renton, Washington (USA).

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