Aug 7 (Reuters) - Emerson Electric ( EMR ) reported

higher third-quarter earnings on Wednesday, aided by demand for

its unit which makes valves, regulators and actuators.

Emerson's measurement and analytical devices have continued

to benefit from manufacturers and end customers across the

chemical, oil and gas industries.

The company however has pivoted its focus on automation

products and services, encouraged by North American

manufacturers working to automate their factories and offset a

shortage of workers.

During the quarter, Emerson agreed to sell its remaining

stake in its Copeland joint venture to Blackstone in a

$3.5 billion deal, as part of its streamlining effort.

Emerson's overall revenue in the quarter through June rose

11% to about $4.4 billion compared with the previous year.

The company reported a quarterly adjusted profit of $1.43

per share, compared with $1.29 per share a year ago.