Southern Tier Success Story

Emerson Network Power
Delivering peace of mind from Binghamton, NY to its customers around the world

 
Emerson Network PowerThere’s just about nothing more frustrating than a power outage, except a disruptive electrical failure that creates havoc on your vital business systems.  In Binghamton, New York, Emerson Network Power manufactures power quality and surge protection equipment to protect mission-critical operations from those electrical malfunctions and keep your business connected.  And that power protection is key in today’s business climate.
 
“Emerson is THE best in the power filtering and surge suppression industry and we are proud to call it a New York State business,” said Empire State Development Southern Tier Regional Director Kevin McLaughlin.  “Its products and people make a difference in the lives in companies around the world, providing peace of mind first and foremost.”
 
Emerson Network Power has called Binghamton home since 1971 but, just a few years ago, Emerson announced it would take its commitment to the community even further with an expansion—the building of a new 40,000 square foot headquarter facility in Binghamton’s Charles Street Business Park.  Today, that state-of-the-art facility is up and running with the industry’s most sophisticated research and development laboratory. 
 
“By making this investment, our skilled researchers and engineers have the resources at their command to further enhance our company’s reputation for innovation in guarding against electrical spikes, transients, surges and other threats that can affect power quality,” said William Fierle, president, Emerson Network Power Surge Protection, Inc.
 
Emerson Network Power has routinely shown that it will invest in new technologies and Empire State Development supports that ongoing commitment.  The project was, in part, made possible by a $1 million investment by New York State as part of its “City by City” economic development initiative.  The Broome County Industrial Development Agency matched the state’s investment with an additional $1 million to provide the necessary infrastructure and finishing touches to the Charles Street Business Park, a 33-acre site in the First Ward, where Emerson Network Power now makes its home as an anchor tenant.  One of the primary stumbling blocks for development at the site was the high cost to make it “shovel ready,” including roads, sewer, water, electric, gas and landscaping.  This financial commitment leveraged a major private sector investment on the property from Emerson with additional development to come.
 
The state also provided Emerson with a $325,000 grant to assist with project expenses in the construction of its new $5.9 million facility.  Emerson Network Power’s Surge Protection headquarters offer world class engineering and laboratory facilities, as well as additional space to accommodate future growth in Binghamton. 
 
“Not only has Emerson consistently demonstrated its commitment to the Binghamton area, it is candid in its confidence of its employees and the Southern Tier’s workforce,” said McLaughlin.  “With its new facility, Emerson will be able to support it plans for growth and demonstrate its world-leading technologies in power production to visitors from around the world.”
 
Emerson benefits from the southern tier region of New York State’s low cost of living, open spaces, strategic location and advanced highway infrastructure, all of which make it attractive to a wide range of businesses and industries.  Home to prominent universities, such as Binghamton University and Cornell, the region also boasts a highly-educated workforce, especially in its industry clusters, such as manufacturing, flight simulation, defense, distribution and insurance. 
 
Both New York State and Emerson Network Power are committed to investing in new technologies and maintain confidence in the future.  Both are willing to tackle challenges.  Both are spurring private investment and economic development — “powering” the way for economic expansion in the Southern Tier of New York State. 

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