Eaton Corporation - Introduction

Introduction

Eaton Center
1111 Superior Avenue
Cleveland, Ohio 44114-2584
U.S.A.
Telephone: (216) 523-5000
Toll Free: (800) 386-1911
Fax: (216) 523-4787
Web site: http://www.eaton.com

Public Company
Incorporated: 1911 as the Torbensen Gear and Axle Company
Employees: 55,000
Sales: $8.06 billion (2003)
Stock Exchanges: New York Chicago Pacific
Ticker Symbol: ETN
NAIC: 332912 Fluid Power Valve and Hose Fitting Manufacturing; 333995 Fluid Power Cylinder and Actuator Manufacturing; 333996 Fluid Power Pump and Motor Manufacturing; 334513 Instruments for Measuring and Displaying Industrial Process Variables; 335311 Power, Distribution, and Specialty Transformer Manufacturing; 335313 Switchgear and Switchboard Apparatus Manufacturing; 335314 Relay and Industrial Control Manufacturing; 335999 All Other Miscellaneous Electrical Equipment and Component Manufacturing; 336322 Other Motor Vehicle Electrical and Electronic Equipment Manufacturing; 336350 Motor Vehicle Transmission and Power Train Parts Manufacturing; 336399 All Other Motor Vehicle Parts Manufacturing

Eaton Corporation is a diversified industrial manufacturer whose operations are divided into four main groups: fluid power, electrical, automotive, and trucks. The company is a global leader in fluid power systems and services for industrial, mobile, and aircraft equipment; electrical systems and components for power quality, distribution, and control; automotive engine air management systems and power-train controls for fuel economy; and intelligent drive-train systems for fuel economy and safety in trucks. Among the brands that Eaton uses to market its products and services are Aeroquip, Airflex, Bill, Boston, Char-Lynn, Challenger, Durant, Eaton Electrical, Elek, Fuller, Golf Pride, Heinemann, Holec, Home Automation, Hydro-Line, MEM, Sterer, Tabula, Tedeco, Vickers, VORAD, and Weatherhead. Eaton generates business in more than 100 countries worldwide, with about one-third of revenues originating outside the United States—19 percent in Europe and about 6 percent each in Latin America and the Asia-Pacific region. The company's roots are in low-tech commodity parts for trucks and automobiles, but—particularly since the mid-1990s—Eaton has shifted focus to the manufacture of a variety of electronics-based products.