Rockwell Automation
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Rockwell Automation, Inc. is an American provider of industrial
automation Automation describes a wide range of technologies that reduce human intervention in processes, namely by predetermining decision criteria, subprocess relationships, and related actions, as well as embodying those predeterminations in machines ...
whose brands include
Allen-Bradley Allen-Bradley is the brand-name of a line of factory automation equipment, today owned by Rockwell Automation. The company, with revenues of approximately US $6.4 billion in 2013, manufactures programmable logic controllers ( PLC), human-mach ...
, FactoryTalk software and LifecycleIQ Services. Headquartered in
Milwaukee Milwaukee ( ), officially the City of Milwaukee, is both the most populous and most densely populated city in the U.S. state of Wisconsin and the county seat of Milwaukee County. With a population of 577,222 at the 2020 census, Milwaukee i ...
, Wisconsin, Rockwell Automation employs approximately 26,000 people and has customers in more than 100 countries worldwide. The ''Fortune'' 500 company reported
fiscal year A fiscal year (or financial year, or sometimes budget year) is used in government accounting, which varies between countries, and for budget purposes. It is also used for financial reporting by businesses and other organizations. Laws in many ...
2021 global sales at $7.8 billion.


History


Early years

Rockwell Automation traces its origins to 1903 and the formation of the Compression Rheostat Company, founded by
Lynde Bradley Lynde Bradley (August 19, 1878 – February 8, 1942), the brother of Harry Lynde Bradley, was the co-founder of the Allen-Bradley Company and the Lynde and Harry Bradley Foundation. Bradley was born in Milwaukee, Wisconsin and attended Milwau ...
and Dr. Stanton Allen with an initial investment of $1000. In 1904, 19-year-old Harry Bradley joined his brother in the business. The company's first patented product was a carbon disc compression-type motor controller for industrial cranes. The crane controller was demonstrated at the St. Louis World's Fair in 1904. In 1909, the company was renamed the Allen-Bradley Company. Allen-Bradley expanded rapidly during
World War I World War I (28 July 1914 11 November 1918), often abbreviated as WWI, was List of wars and anthropogenic disasters by death toll, one of the deadliest global conflicts in history. Belligerents included much of Europe, the Russian Empire, ...
in response to government-contracted work. Its product line grew to include automatic starters and switches, circuit breakers, relays and other electric equipment. In 1914, Fred Loock established the company's first sales office in New York. Upon co-founder Stanton Allen's death in 1916, Lynde Bradley became president. Harry Bradley was appointed vice president and attorney Louis Quarles was named corporate secretary. During the 1920s, the company grew its miniature rheostat business to support the burgeoning radio industry. By the middle of this decade, nearly 50 percent of the company's sales were attributed to the radio department. The decade closed with record company sales of $3 million. By 1932, at the start of the
Great Depression The Great Depression (19291939) was an economic shock that impacted most countries across the world. It was a period of economic depression that became evident after a major fall in stock prices in the United States. The economic contagio ...
, the company was posting record losses. It reduced its workforce from 800 to 550 and cut wages by 50 percent, replacing employees' lost wages with preferred stock, which it eventually bought back at six percent interest. Throughout this period, Lynde Bradley supported an aggressive research and development approach intended to "develop the company out of the Depression." Lynde Bradley's R&D strategy was successful. By 1937, Allen-Bradley employment had rebounded to pre-Depression levels and company sales reached an all-time high of nearly $4 million.


Mid-late 20th century

Following the death of Lynde Bradley in 1942, Harry Bradley became company president and Fred Loock was promoted to vice president. The Lynde Bradley Foundation, a charitable trust, was established with Lynde Bradley's assets. The foundation's first gift of $12,500 was made to Milwaukee's Community Fund, predecessor of the
United Way United Way is an international network of over 1,800 local nonprofit fundraising affiliates. United Way was the largest nonprofit organization in the United States by donations from the public, prior to 2016. United Way organizations raise funds ...
. World War II fueled unprecedented levels of production, with 80 percent of the company's orders being war-related. Wartime orders were centered on two broad lines of products – industrial controls to speed production and electrical components or "radio parts" used in a wide range of military equipment. Allen-Bradley expanded its facilities numerous times during the 1940s to meet war-time production needs. With Fred Loock serving as president and Harry Bradley as chairman, the company began a major $1 million, two-year expansion project in 1947. The company completed additional expansions at its Milwaukee facilities in the 1950s and 1960s, including the Allen-Bradley clock tower. The clock tower has since been renamed and is known today as the Rockwell Automation clock tower. Harry Bradley died in 1965. Fred Loock retired in 1967 and died in 1973. During the 1970s, the company expanded its production facilities and markets and entered the 1980s as a global company. With president J. Tracy O'Rourke (1981–89) at the helm, the company introduced a new line of
programmable logic controller A programmable logic controller (PLC) or programmable controller is an industrial computer that has been ruggedized and adapted for the control of manufacturing processes, such as assembly lines, machines, robotic devices, or any activity t ...
s, the PLC in 1981 followed by the PLC-2 1982) (2/30, 2/05/ 2/16&2/17) PLC-3(1982) SLC-100 Family (1986) SLC-500(1986) PLC-5 Family (1985). Earlier PLC developments were the MAC, PLC-4. In 1985 privately owned
Allen-Bradley Allen-Bradley is the brand-name of a line of factory automation equipment, today owned by Rockwell Automation. The company, with revenues of approximately US $6.4 billion in 2013, manufactures programmable logic controllers ( PLC), human-mach ...
set a new fiscal record with sales of $1 billion. On February 20, 1985,
Rockwell International Rockwell International was a major American manufacturing conglomerate involved in aircraft, the space industry, defense and commercial electronics, components in the automotive industry, printing presses, avionics and industrial products. R ...
purchased Allen-Bradley for $1.651 billion; this was the largest acquisition in Wisconsin's history to date. The 1990s featured continued technology development, including the company's launch of its software business, Rockwell Software (1994), the Logix control platform (1997) and the Integrated Architecture system (1999). Rockwell International developed PowerFlex, a manufacturing software and technology in the 1990s. During this decade, Rockwell International also acquired a power systems business, composed of Reliance Electric and Dodge. These two brands, combined with control systems brands Allen-Bradley and Rockwell Software, were marketed as Rockwell Automation. In 1998,
Keith Nosbusch Keith Nosbusch was the chairman and CEO of Rockwell Automation Inc., one of the world largest industrial automation companies. He was appointed the company's CEO in 2004 and chairman in 2005. Before that, he worked as senior vice president and pre ...
was named president of Rockwell Automation Control Systems. Rockwell International Corporation headquarters was moved to Milwaukee, Wisconsin the same year.


21st century

In 2001, Rockwell International split into two companies. The industrial automation division became Rockwell Automation, while the
avionics Avionics (a blend of ''aviation'' and ''electronics'') are the electronic systems used on aircraft. Avionic systems include communications, navigation, the display and management of multiple systems, and the hundreds of systems that are fit ...
division became
Rockwell Collins Rockwell Collins was a multinational corporation headquartered in Cedar Rapids, Iowa, providing avionics and information technology systems and services to government agencies and aircraft manufacturers. It was formed when the Collins Radio Co ...
. The split was structured so that Rockwell Automation was the legal successor of Rockwell International, while Rockwell Collins was the spin-off. Rockwell Automation retains Rockwell International's stock price history and continues to trade on the New York Stock Exchange under the symbol "ROK".
Keith Nosbusch Keith Nosbusch was the chairman and CEO of Rockwell Automation Inc., one of the world largest industrial automation companies. He was appointed the company's CEO in 2004 and chairman in 2005. Before that, he worked as senior vice president and pre ...
was named chief executive officer in 2004. In 2007, Rockwell Automation sold the Power Systems division for $1.8 billion to Baldor Electric Company to focus on its core competencies in automation and information technology. In 2007, Rockwell Automation acquired ICS Triplex. In April 2016, it was announced that Keith Nosbusch would be replaced by Blake Moret effective July 1, 2016. Nosbusch would remain with Rockwell Automation as chairman. Moret was previously the senior vice president of the Control Products and Solutions segment of the company. In June 2017, Rockwell Automation and
Manpower Human resources (HR) is the set of people who make up the workforce of an organization, business sector, industry, or economy. A narrower concept is human capital, the knowledge and skills which the individuals command. Similar terms includ ...
launched the Academy of Advanced Manufacturing to provide training in digital manufacturing skills for military veterans. Effective January 1, 2018, Keith Nosbusch stepped down as Chairman. Blake Moret was elected the incoming Chairman by the board of directors. On June 11, 2018, Rockwell Automation made a $1 billion equity investment in PTC acquiring an 8.4% ownership stake. In February 2019, Rockwell Automation and Schlumberger entered a joint venture to create Sensia, the oil and gas industry’s first fully Integrated automation solutions provider. Rockwell was later announced as a founding member of ISA Global Cybersecurity Alliance to help advance readiness and awareness in manufacturing. Another partnership was formed in November 2019 with Accenture’s Industry X.0 to help deliver greater industrial supply chain optimization. Simulation software provider ANSYS and Rockwell Automation also allied to help customers design simulation-based digital twins of products, processes, and manufacturing. In November 2019, Rockwell Automation joined forces with
Accenture Accenture plc is an Irish-American professional services company based in Dublin, specializing in information technology (IT) services and consulting. A ''Fortune'' Global 500 company, it reported revenues of $61.6 billion in 2022. Accentu ...
,
Microsoft Microsoft Corporation is an American multinational technology corporation producing computer software, consumer electronics, personal computers, and related services headquartered at the Microsoft Redmond campus located in Redmond, Washi ...
, PTC, ANSYS, and EPLAN to help businesses simplify digital transformation. The company also announced restructuring into three operating segments, effective Oct. 1, 2020: Intelligent Devices, Software & Control, and Lifecycle Services. In September 2020, Rockwell Automation was recognized for its culture of supporting women by the
Society of Women Engineers The Society of Women Engineers (SWE) is an international not-for-profit educational and service organization. Founded in 1950 and headquartered in the United States, the Society of Women Engineers is a major advocate for women in STEM, women in e ...
. During the month, PTC and Rockwell Automation announced the expansion and extension of their strategic alliance, along with a partnership with Microsoft to develop edge-to-cloud based solutions for connecting information between development, operations, and maintenance teams. In November 2020, the company announced announces plans to achieve a new net zero carbon neutral goal (Scopes 1 and 2) by 2030. Rockwell Automation hired its first Chief Diversity, Equity, and Inclusion Officer in February 2021. on February 23, Rockwell was recognized by
Ethisphere The Ethisphere Institute is a for-profit company that defines and measures corporate ethical standards, recognizes companies that excel, and promotes best practices in corporate ethics. The company is located in Scottsdale, Arizona. The comp ...
as one of the 2021 World’s Most Ethical Companies, marking the 13th time the company received this honor. The company would later add another executive role with Chief Sustainability Officer in 2021. April 2020 saw robot manufacturer Comau and Rockwell Automation partner to simplify robot integration for industries. Another partnership came with
Cisco Cisco Systems, Inc., commonly known as Cisco, is an American-based multinational digital communications technology conglomerate corporation headquartered in San Jose, California. Cisco develops, manufactures, and sells networking hardware, ...
in May 2021 to combat rapidly evolving industrial cybersecurity threats by adding Cisco’s Cyber Vision to the LifecycleIQ Service portfolio. September 2021 Rockwell Automation and Ansys announce partnership for enhanced Studio 5000 Simulation Interface to connect with Ansys digital twins. On November 9, 2021, the company celebrated the opening of its 30th annual Automation Fair in Houston. During 2022, Rockwell Automation announced new partnerships with cybersecurity services leaders Dragos and CrowdStrike. The company also established a new Cybersecurity Operations Center in Israel.


Business operations

Rockwell Automation is a global company focusing on industrial automation and digital transformation. In 2021, Rockwell Automation adjusted its organizational structure into three operating segments—Intelligent Devices, Software & Control, and Lifecycle Services. Rockwell Automation has three primary areas of business operations: Allen-Bradley—automated components and integrated control systems for safety, sensing, industrial control, power control and motion control. FactoryTalk—software that supports advanced industrial applications including system design, operations, plant maintenance, and analytics. LifecycleIQ Services—services to help connect, secure, mobilize, and scale manufacturing operations.


Acquisitions

In recent years, Rockwell Automation has grown through acquisitions of companies specializing in software services for supply chain management, systems integrators, cloud-native smart manufacturing platforms, simulation capabilities, manufacturing execution systems, and cybersecurity services.


2019

MESTECH Services – Provider of Manufacturing Execution Systems (MES)/Manufacturing Operations Management (MOM), digital solutions consulting, and systems integration services. Emulate3D – Software developer for simulating and emulating industrial automation systems.


2020

Fiix – Provider of artificial intelligence-enabled computerized maintenance management systems. Oylo – Provider of industrial control system (ICS) cybersecurity services including assessments, turnkey implementations, managed services, and incident response. Kalypso – Software delivery and consulting firm specializing in digital transformation for industrial companies. ASEM – Provider of digital automation technologies including industrial PCs, HMI software and hardware, remote access and secure industrial IoT gateway solutions. Avnet – Provider of IT/OT cybersecurity services and solutions including assessments, penetration testing, network & security solutions, and training for converged IT/OT managed services.


2021

AVATA – Services provider for supply chain management, enterprise resource planning, and company performance management. Plex Systems – Cloud-native smart manufacturing platform operating at scale, including advanced Manufacturing Execution Systems (MES), quality and supply chain management capabilities.


Notable distinctions

In 2020 it was named to the ''
Newsweek ''Newsweek'' is an American weekly online news magazine co-owned 50 percent each by Dev Pragad, its president and CEO, and Johnathan Davis (businessman), Johnathan Davis, who has no operational role at ''Newsweek''. Founded as a weekly print m ...
'' America’s Most Responsible Companies list. In 2021 Rockwell was named to the FTSE4Good Index Series for the 20th time. The Index is designed to measure the performance of companies demonstrating strong Environmental, Social, and Governance (ESG) practices. Also, in 2021 the company was listed on the
Dow Jones Sustainability Indices The Dow Jones Sustainability Indices (DJSI) launched in 1999, are a family of indices evaluating the sustainability performance of thousands of companies trading publicly, operated under a strategic partnership between S&P Dow Jones Indices and Ro ...
for the 11th time. The pioneering series of global sustainability benchmarks is composed of global, regional, and country leaders annually assessed on long-term governance and economic, environmental, and social criteria. In 2021 Rockwell was named to Barron’s 100 Most Sustainable Companies list and ranked among the top five companies in the Leading Climate Aligned Companies category.


See also

*
Allen-Bradley Allen-Bradley is the brand-name of a line of factory automation equipment, today owned by Rockwell Automation. The company, with revenues of approximately US $6.4 billion in 2013, manufactures programmable logic controllers ( PLC), human-mach ...
*
Allen-Bradley Clock Tower The Rockwell Automation Headquarters is an office building located in Milwaukee, Wisconsin. The building is known for once having the largest four-faced clock in the world. Clock Tower History The Allen-Bradley Clock Tower, owned by Allen-Bradl ...
*
Engineer In Training Engineer in Training, or EIT, is a professional designation from the National Council of Examiners for Engineering and Surveying (NCEES) used in the United States to designate a person certified by the state as having completed two requirements: * C ...
(EIT) Program * Retro-Encabulator, fictional Rockwell Automation device


References


External links


Rockwell AutomationRockwell SoftwareAllen-Bradley
{{Authority control Companies listed on the New York Stock Exchange Technology companies established in 1903 Manufacturers of industrial automation Manufacturing companies based in Milwaukee MES software 1903 establishments in Wisconsin Electric motor manufacturers