Thursday, November 7, 2024
Advertisements

Rockwell Automation Suspends Business Operations in Russia and Belarus

MILWAUKEE, WI, USA, Mar 21, 2022 – Rockwell Automation, Inc. (NYSE: ROK) announced that the company is suspending operations and sales in Russia and Belarus, effective immediately.

Advertisements

“Rockwell joins the U.S. government and the global community in condemning Russia’s attack on Ukraine and its citizens,” said Blake Moret, Chairman & CEO of Rockwell Automation, emphasizing that the company supports all U.S. sanctions.

Rockwell has made a financial contribution to Project HOPE to provide humanitarian relief to refugees in Ukraine and neighboring countries and is encouraging employees to help in a variety of ways. Rockwell will match employee donations made to Project HOPE and is offering paid time off to support local volunteer efforts.

Sales to Russia and Belarus represent less than 0.5% of Rockwell’s total revenue. The company will continue to pay salaries and benefits for its roughly 30 Russian team members. Rockwell does not directly employ anyone in Ukraine or Belarus.

About Rockwell Automation

Rockwell Automation, Inc. (NYSE: ROK), is a global leader in industrial automation and digital transformation. We connect the imaginations of people with the potential of technology to expand what is humanly possible, making the world more productive and more sustainable. Headquartered in Milwaukee, Wisconsin, Rockwell Automation employs approximately 24,500 problem solvers dedicated to our customers in more than 100 countries. To learn more about how we are bringing the Connected Enterprise to life across industrial enterprises, visit www.rockwellautomation.com.

Nitin Patil
Nitin Patil
Editor and Director of Content, DailyCADCAM.com. Nitin completed his Master's in Mass Communication & Journalism and having 13 years of work experience as an editor, content writer with renowned international technical magazines and media companies. He is associated with CAD,CAM industry since 2008.
Advertisements
spot_img

Latest Posts