Yokogawa's global network of 114 companies spans 59 countries. Founded in 1915, the US$3.7 billion company is engaged in cutting-edge research and innovation. Yokogawa is active in the industrial automation and control (IA), test and measurement, and aviation and other businesses segments. The IA segment plays a vital role in a wide range of industries including oil, chemicals, natural gas, power, iron and steel, pulp-and-paper, pharmaceuticals, and food.