Eaton Archives

Diversified industrial manufacturer Eaton Corporation, Cleveland, OH, has acquired Pulizzi Engineering, a manufacturer of AC power distribution, AC power sequencing, redundant power and remote-reboot power management systems. Pulizzi Engineering had 2006 sales of $12 million and is in Santa Ana, CA.
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Eaton Corporation is a diversified industrial manufacturer with 2006 sales of $12.4 billion. ...

June 19, 2007

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Eaton Acquires Medium-Voltage Drive Business

Diversified industrial manufacturer Eaton Corporation, has acquired the technology and related assets associated with SMC Electrical Products, Inc.'s industrial medium-voltage adjustable frequency drive business.
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This acquisition complements Eaton's already strong position as a manufacturer of medium-voltage motor control products," said Randy Carson, Eaton senior vice president and president -Electrical Group. "By incorporating this product into our power distribution and control assemblies portfolio, we will be able to provide our customers with a comprehensive solution to address their motor starting needs."
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Eaton Corporation had 2006 sales of $12.4 billion.&nbsp ; Eaton has 61,000 employees and sells products to customers in more than 125 ...

May 18, 2007

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Eaton Posts 5% Sales Gain in 1Q

Diversified industrial manufacturer Eaton Corporation, Cleveland, OH, reported an increase in sales of 5% in the first quarter 2007 to $3.2 billion. Profit was $234 million, up 15%.
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Sales growth in the first quarter included 1% from organic growth, 2% from acquisitions, and 2% from higher foreign exchange rates. End markets declined slightly more than 1% in the quarter, driven by the decline in the NAFTA heavy-duty truck market.
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Eaton reported it anticipates a decline of 3-4% in its end markets in 2007, due to the decline in the NAFTA heavy-duty truck market.
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Eaton saw weaker conditions in the first quarter in the North American markets for residential electrical equipment and hydraulics.
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Sales for the Electrical segment ...

April 16, 2007

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Eaton Acquires UK-Based Aphel Technologies

Diversified industrial manufacturer Eaton Corporation, Cleveland, OH, has acquired UK-based Aphel Technologies Limited, a supplier of high-density, fault-tolerant power distribution solutions for data centers, technical offices, laboratories and retail environments.
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In 2006, Aphel Technologies had sales of $12.3 million.
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The acquisition of Aphel Technologies expands our power quality and distribution offerings to customers in key European markets," said Randy Carson, Eaton senior vice president and president - Electrical Group.
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Eaton Corporation is a diversified industrial manufacturer with 2006 sales of $12.4 ...

April 5, 2007

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Eaton Sales Up 12% in 2006

Diversified industrial manufacturer Eaton Corp. reported sales for 2006 were up 12% from 2005, and profit was up 18%. Sales were $12.4 billion.

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Fourth quarter sales were up 10% to $3.1 billion, with profit up 15%.

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Segment Results
Fourth quarter sales for Electrical were $1.1 billion, up 9% over 2005. End markets grew about 2.5% for electrical, reflecting a slowdown from the growth rate in early 2006. In 2007, Eaton expects 4% growth, with nonresidential markets offsetting a decline in residential markets.

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In Fluid Power, fourth quarter sales were $985 million, 17% above the same period in 2005. Organic growth was 7%. Fluid Power markets grew 6%, with global hydraulics shipments up 7%, ...

January 22, 2007

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