June 27, 2008 -- Invensys Process Systems celebrated the 100th anniversary of the Foxboro automation products brand. More than 1,000 employees, retirees and other dignitaries and guests participated in festivities at the Neponset facility, where the company started a century ago. IPS President and Chief Executive Officer Paulett Eberhart lauded current and former Foxboro employees for their contributions to the automation industry.
"The Foxboro brand has achieved global recognition and respect by delivering the advanced automation solutions many of the world's leading manufacturers and energy providers need to keep their businesses running efficiently, effectively and safely. I congratulate you on the excellence and innovation you have all demonstrated thus far and look forward to achieving even greater things as we move forward," Eberhart said.
The Foxboro brand was born in 1908 when E.H. and B.B. Bristol opened the Industrial Instrument Company, which was renamed The Foxboro Company in 1914. In 1990 Foxboro was acquired by Siebe plc of the United Kingdom and in 1999 Siebe and British Tire and Rubber, another British engineering firm, merged to form Invensys plc. Invensys plc then joined Foxboro and its current sister brands Triconex, SimSci-Esscor and Avantis to form IPS. IPS works with clients to integrate automation, simulation and operations management technologies that help clients execute business strategies.
"Foxboro automation has been setting the industry standard for 100 years and our experts have contributed numerous innovations to the industry. Now with more than 50,000 customers worldwide, the Foxboro brand and our people are known throughout the world for quality, reliability and innovation," said IPS Vice President Jack Souza, who directs manufacturing and operations in Foxboro. "We should also be very proud that the technology and innovation that started here are playing an important part in the long-term success of IPS and Invensys as a whole."
About IPS (Invensys Process Systems)
Invensys Process Systems (IPS), headquartered in Plano, Texas, is a global technology, software and consulting firm leading significant change in process manufacturing, plant optimization, business operations and enterprise performance. IPS clients are some of the world's most important industrial organizations -- companies that operate large oil refineries; plants that process chemicals, gas, LNG, power, pharmaceutical and minerals; and pulp and paper mills. IPS solutions, used at over 50,000 locations across the globe, include field devices and controls from Foxboro and Triconex, advanced applications from SimSci-Esscor, operations management from Avantis, and the world's first truly open enterprise control system, Infusion.
The company's nearly 7,000 employees integrate these capabilities to create solutions that impact and increase efficiency, boost productivity, and accelerate performance. These results help industrial companies run safer, operate more efficiently, and extract useful knowledge from their operations to make faster, better decisions.
The Invensys Group is headquartered in London and is listed on the London Stock Exchange (ISYS.L), with approximately 25,000 employees working in 60 countries.
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