Growth in Profits for Industrial Automation Company

Rockwell Automation, out of Milwaukee, helps manufacturing companies automate their production lines with the hardware and software they need for controlling, maintaining, and powering their machines and robots.  Rockwell Automation offers services for many types of manufacturing companies, including automotive, food, life sciences, material handling, metalforming, packaging, electronics, and numerous other types of companies.
Growth in Profits
Customers are increasingly expressing their willingness to automate by purchasing more industrial automation technology.  Rockwell Automation’s growth in profits over the last several quarters provides evidence of customers’ interest.  Revenue for fiscal year 2011 first quarter was up 28% to $1,365.8 million from $1,067.5 the same time in 2010.  Rockwell Automation cites strong sales in many regions brought about by new markets.  The growth in the last year is nothing new for the company.  Profits rose 10% from 2006 to 2007 and 8% from 2007 to 2008.
Customers implementing industrial automation into their companies are doing so because they understand how industrial automation provides a more efficient, safer operation.  Because of these customers, companies such as Rockwell Automation and RobotWorx that provide technology and robotic systems as well as companies such as Motoman, FANUC, and KUKA that design and manufacture robots are seeing growth.

References:
http://www.rockwellautomation.com/products/industries.html
http://phx.corporate-ir.net/phoenix.zhtml?c=196186&p=irol-newsArticle&ID=1520000&highlight=
http://phx.corporate-ir.net/phoenix.zhtml?c=196186&p=irol-newsArticle&ID=1224649&highlight=

Written by