COVID Stimulus Watch Individual Entry
Recipient Company:
Emerson Electric Co
Loan or Loan Guarantee Amount:
$1,114,933
Recipient Details
Ownership Structure: publicly traded (ticker symbol EMR)
Award Details
Award Date: Aug 10, 2020
Award Type: loan
Award Details: Amount represents the purchase price of company bonds bought by the Fed.
Program Name: Secondary Market Corporate Credit Facility
Legislation: CARES
Awarding Agency: Federal Reserve
Data Source for Award:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...
Parent Company Data
Parent Company: Emerson Electric
Headquartered in: Missouri
Parent Sector: industrial equipment
Parent Industry: industrial equipment
Employees (prior to pandemic): 88,000
Accountability Issues Since 2010
Employment-related Penalties: $10,372
Good Jobs First has no data in this category
Environmental / Healthcare / Safety Penalties: $222,630
Good Jobs First has no data in this category
Ratio of CEO Pay to that of Median Worker: 428 to 1
CEO Compensation: $20,301,576
Worker Median Pay: $47,415
Total Federal, State, and Local Subsidies: $62,351,951
Federal Corporate Income Tax Rate: 19.1%
Violation Tracker
Employment Issues
Tax / Subsidy Issues
Contracting Issues
Environment / Safety Issues
Consumer Protection Issues