Emerson Network Power has announced a price increase averaging 5%, affecting the cost of Liebert products.
"We're experiencing significant cost increases in many of the materials used in the products we manufacture," said Randy MacCleary , President , Liebert Europe Middle East and Africa, Emerson Network Power. "We'll continue to collaborate with our suppliers and aggressively focus on cost containment to minimise the impact on our customers as these costs continue to increase.
A price increase was necessary to keep on providing our customers with products featuring high quality standard and performances. We are confident that our customers will understand our policy, focused on the excellence of our solutions, so as to ensure maximum customer satisfaction and the best protection of their investments, concluded the President.
About Emerson Network Power
Emerson Network Power, a business of Emerson (NYSE:EMR), is the global leader in enabling Business- Critical Continuity from grid to chip for telecommunication networks, data centers, health care and industrial facilities. Emerson Network Power provides innovative solutions and expertise in areas including AC and DC power and precision cooling systems, embedded computing and power, integrated racks and enclosures, power switching and controls, monitoring, and connectivity. All solutions are supported globally by local Emerson Network Power service technicians. Liebert power, precision cooling and monitoring products and services from Emerson Network Power improve the utilization and management of data center and network technologies by increasing IT system availability, flexibility and efficiency.
Emerson (NYSE:EMR), based in St. Louis (Missouri, USA), is a global leader in bringing technology and engineering together to provide innovative solutions to customers through its network power, process management, industrial automation, climate technologies, and appliance and tools businesses.