Rockwell Automation is a industrial automation company that also provides information solutions to companies worldwide.
The company was founded by Lynde Bradley and Dr. Stanton Allen in 1903 as Compression Rheostat Company. The company’s first product was a compression motor for industrial cranes.
The company, now named Allen-Bradley, grew rapidly during World War I with government contracts. By the end of the war product lines included automatic starters and switches, relays, circuit breakers, and other electric equipment.
World War II also brought a period of growth for the company, and wartime orders centered on industrial controls to speed production and electrical components, or radio parts.
In 1985 Rockwell International bought Allen-Bradley in a $1.65 dollar deal.
Rockwell International changed its name to Rockwell Automation in 2002.
Today Rockwell Automation is traded publicly on the New York Stock Exchange under the ticker symbol ROK, is a member of the S&P 500, is #410 in the Fortune 500, has 22,000 employees, and had $6.56 billion in revenue in 2013.
Rockwell AutomationRockwell Automation is a industrial automation company that also provides information solutions to companies worldwide.
The company was founded by Lynde Bradley and Dr. Stanton Allen in 1903 as Compression Rheostat Company. The company’s first product was a compression motor for industrial cranes.
The company, now named Allen-Bradley, grew rapidly during World War I with government contracts. By the end of the war product lines included automatic starters and switches, relays, circuit breakers, and other electric equipment.
History
World War II also brought a period of growth for the company, and wartime orders centered on industrial controls to speed production and electrical components, or radio parts.
In 1985 Rockwell International bought Allen-Bradley in a $1.65 dollar deal.
Rockwell International changed its name to Rockwell Automation in 2002.
Today Rockwell Automation is traded publicly on the New York Stock Exchange under the ticker symbol ROK, is a member of the S&P 500, is #410 in the Fortune 500, has 22,000 employees, and had $6.56 billion in revenue in 2013.
