LONDON, England — Invensys plc announced its plan to restructure the company in order to boost earnings, reduce debt, and improve cash flow.
The company will establish two core divisions, Production Management and Energy Management. The Production Management division will be comprised of Foxboro, Wonderware, Triconex, APV, Eurotherm, and Baan, and will provide production technologies and services to the sectors of oil, gas, and chemicals; power generation; and discrete and hybrid manufacturing.