August 2, 2013

Eaton Second-Quarter Core Sales Down 2%

Including 40 percent growth from acquisitions, sales were up 38 percent.

NAW-McGladrey Distribution Monitor shows thriving distributors are more likely to invest than declining distributors.

Kevin McBride and Emmanuel Dupree have been named to leadership roles.

The decrease was due in part to declining oil country tubular goods sales.

In May, prices fell slightly in both zones.

North American sales increased 2.1 percent.

Profit more than doubled for the wood products manufacturer.

CEO: Bigger acquisitions with the potential for broader leverage can be expected.