The 2020 Mid-Year Economic Update_long

Eaton Buys Babco Electric Group

Diversified industrial manufacturer Eaton Corporation, Cleveland, OH, has acquired Babco Electric Group, Alberta, Canada.
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Babco Electric Group is a manufacturer of specialty low- and medium-voltage switchgear and electrical housings for use in the Canadian oil and gas industry and other harsh environments. Babco Electric Group had sales of $11 million in the fiscal year ended April 30, 2007.
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The acquisition of Babco provides access to established distribution channels and customers in Canada with a strong focus on the oil sands market, as well as increased engineering and production capabilities," said Randy W. Carson, Eaton senior vice president and president& ndash; Electrical Group.
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Eaton Corporation is a diversified industrial ...

Diversified industrial manufacturer Eaton Corporation, Cleveland, OH, has acquired Babco Electric Group, Alberta, Canada.
&nbsp ;
Babco Electric Group is a manufacturer of specialty low- and medium-voltage switchgear and electrical housings for use in the Canadian oil and gas industry and other harsh environments. Babco Electric Group had sales of $11 million in the fiscal year ended April 30, 2007.
&nbsp ;
The acquisition of Babco provides access to established distribution channels and customers in Canada with a strong focus on the oil sands market, as well as increased engineering and production capabilities,” said Randy W. Carson, Eaton senior vice president and president& ndash; Electrical Group.
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Eaton Corporation is a diversified industrial manufacturer with 2006 sales of $12.4 billion.

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