Eaton Corporation

Eaton Corporation is a global Irish industrial company headquartered in Cleveland, Ohio. Eaton develops and distributes components and systems for mobile and industrial hydraulic, electrical systems and power distribution, motor vehicle and aircraft components. Eaton has 79,000 employees and sells products to customers in more than 150 countries.

With revenues of U.S. $ 13.03 billion Eaton in 2007 achieved an EBIT of 1.23 billion. Eaton is listed on the S & P 500.

A member of the Eaton Corporation is the MGE Office Protection Systems, a manufacturer of systems for uninterruptible power supply.

History

1914, the company headquarters was moved to Cleveland, Ohio, laid.

In 1946 they bought the Dynamatic Corporation on.

1963 merged with Eaton Yale & Towne, after the name in Eaton, Yale and Towne was changed.

In 1978 they acquired Cutler-Hammer.

Since the completion of the Eaton Center in 1983, the company's headquarters is located in this building.

1984 Eaton sold the subsidiary Timberjack at Sequoia Associates.

1988 saw the purchase of the Cessna Hydraulic division.

1996 Eaton acquired CAPCO, the former automotive sector of Clark Equipment Company, the Clark in 1994 to go public.

In 1999, Eaton Aeroquip - Vickers.

In 2000, the semiconductor division was spun off as Axcelis Technologies.

In 2011 they acquired the German filter manufacturer E. Begerow GmbH & Co KG.

2011 Purchase of the German filter manufacturer Internormen Technology GmbH & Co. KG.

2012 Eaton bought the Irish rival Cooper Industries.