< PrevNext > 94. Emerson St. Louis Share 2016 U.S.-Booked Air Volume: $45 millionU.S.-booked air volume in 2016 fell 8 percent year over year at manufacturing conglomerate Emerson, according to a BTN estimate. For the 12 months ending Sept. 30, 2016, the company's net sales, impacted by weak oil and gas markets, fell 9 percent year over year to $20.2 billion. The company in 2016 continued restructuring activities that began in 2015, and its expense for those activities totaled $112 million for its fiscal year. In late 2016 and early 2017, Emerson successfully divested two of its business units. It sold its Columbus, Ohio-based Network Power unit to investment firm Platinum Equity for $4 billion. It also sold its Leroy-Somer and Control Techniques businesses to Nidec Corp. for a reported $1.2 billion. Emerson averaged 103,500 employees during its 2016 fiscal year, down from 110,800 the previous 12 months. Of the fiscal year 2016 employees, 29,000 were related to the businesses Emerson discontinued. The company uses Carlson Wagonlit Travel and American Express Global Business Travel for travel services throughout the world.