Rockwell Automation Suspends Business in Russia
March 07 2022 - 4:14PM
Business Wire
Rockwell Automation, Inc. (NYSE: ROK) announced today that the
company is suspending operations and sales in Russia and Belarus,
effective immediately.
“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.
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version on businesswire.com: https://www.businesswire.com/news/home/20220307005677/en/
Marci Pelzer Director, External Communications +1 414-553-4661
MPelzer@rockwellautomation.com
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