Printer Friendly
The Free Library
14,573,341 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Corporate Profile for Eaton Corporation, dated Nov. 12, 1999.


--(BUSINESS WIRE)--

The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-

Published Date:   Nov. 12, 1999

Company Name:     Eaton Corporation

Address:          1111 Superior Ave.
                  Cleveland, OH 44114-2584

Main Telephone
 Number:          216/523-5000

Internet Home
 Page Address
  (URL):          http://www.eaton.com

Chief Executive
 Officer:         Stephen R. Hardis

Chief Financial
 Officer:         Adrian T. Dillon

Investor Relations
 Contact:         William C. Hartman
 Business number: 216/523-4501

Public Relations
 Contact:         Renald M. Romain
 Business number: 216/523-4736

Trading Symbol/
 Exchange:        NYSE:ETN

Industry:         Electrical/electronics, automotive, transportation


Company description: Eaton Corporation This article is about an industrial manufacturer. For other meanings see Eaton.

Eaton Corporation (NYSE: ETN) is a diversified industrial manufacturer with 2006 sales of $12.4 billion, putting it at 198 on the Fortune 500 for 2007.
 is one of the world's premier capital goods Capital Goods

Any goods used by an organization to produce other goods.

Notes:
Examples of capital goods include office buildings, equipment, and machinery.
See also: Capital Expenditure, Disinvestment



Capital goods
 manufacturers with 1999 sales expected to be approximately $9 billion. The company has 205 manufacturing plants in 25 countries.

The $2.1 billion acquisition of Aeroquip-Vickers in 1999 has given Eaton Eaton may refer to: Buildings
  • Eaton Centre, the name of various shopping malls across Canada
  • Toronto Eaton Centre, a large retail and office complex in Toronto, Ontario
  • Eaton's / John Maryon Tower, a cancelled skyscraper in Toronto
 global leadership in mobile hydraulics hydraulics, branch of engineering concerned mainly with moving liquids. The term is applied commonly to the study of the mechanical properties of water, other liquids, and even gases when the effects of compressibility are small.  and a substantial position in industrial hydraulics. With Aeroquip, Eaton acquired a $1.1 billion position in hose and couplings, serving mobile and industrial, aerospace and automotive customers and broadened Eaton's Eaton's was once Canada's largest department store retailer. Founded in 1869 in Toronto by Timothy Eaton, an Irish immigrant, Eaton's first advertisement read "We propose to sell our goods for CASH ONLY – In selling goods, to have only one price.  offerings to aerospace customers to more than $700 million.

Eaton's other businesses include Cutler-Hammer, which supplies electrical equipment A piece of electrical equipment is a machine, powered by electricity and usually consists of an enclosure, a variety of electrical components and often a power switch. Examples of Electrical Equipment
  • Cathodic protection rectifier
  • Fire alarm panel
 to residential, commercial and industrial construction markets. For the truck industry, Eaton designs, manufactures and markets drivetrain systems and components, including transmissions, clutches and brakes, for medium- and heavy-duty trucks and other commercial vehicles.

Another Eaton specialty is engine valves, hydraulic valve lifters Hydraulic valve lifter

A device that eliminates the need for mechanical clearance in the valve train of internal combustion engines. Clearance is normally required to prevent the valve's being held open and destroyed as the valve train undergoes thermal
 and cylinders, as well as a diverse variety of switches and other controls, which the company manufactures for more than 70 passenger car and truck manufacturers.

Eaton ion implanters--a critical tool in manufacturing semiconductor chips--are found in every corner of the globe. From its vast stable of products, Eaton offers only a single consumer product: Golf Pride(R) golf grips.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Nov 12, 1999
Words:314
Previous Article:Corporate Profile for Intergraph Corp., dated Nov. 12, 1999.
Next Article:Corporate Profile for Myrtle Beach Golf Holiday, dated Nov. 12, 1999.
Topics:



Related Articles
TransTechnology to Acquire Eaton Fastener Business.
Eaton to Sell Fastener Business to TransTechnology Corporation for $173 Million.
Eaton Semiconductor Donates $10,000 to Aid Taiwan Earthquake Victims.
Eaton Semiconductor to Host Dedication Ceremony for New Beverly Facility; On-site celebration to be held Thursday, November 11, 1999.
Eaton Semiconductor Opens New Clean Manufacturing Facility; Expansion of Massachusetts Facility Represents $12.3 Million Investment.
Eaton Corp. $400M Sr Debt Rated `A' By Fitch IBCA.
Eaton Corporation Elects Mitchell Vice President-Taxes.
Fitch Rates Eaton Corp.'s Extendible Commercial Notes `F1'.
Corporate Profile for Eaton Corporation, dated June 15, 2001.
Eaton's Chief Financial & Planning Officer to Leave Company.

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles