Eaton Corporation Host Sponsor of Minority Business Trade Fair.Business Editors CLEVELAND--(BUSINESS WIRE)--May 23, 2002 Diversified industrial manufacturer 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. (NYSE NYSE See: New York Stock Exchange :ETN ETN Eaton Corporation (stock symbol) ETN Exchange Traded Note (investing) ETN European Travel Network ETN Electronic Tandem Network ETN Educational Telephone Network ) today said it will assume a key sponsorship role in the annual All Ohio Trade Fair (AOTF AOTF American Occupational Therapy Foundation AOTF Age Of The Fall AOTF Acoustic-Optic Tunable Filter AOTF Awareness and Outreach Task Force ), to be held June 10-12 at the Cleveland Convention Center. Sponsored by the Northern and South Central Ohio Minority Business Councils, the fair will feature seminars and workshops that explore current trends. The event is designed to strengthen contract opportunities within the current economic environment by bringing together minority suppliers with businesses and government agencies. It is expected to attract about 200 exhibitors and 1,500 fair attendees. The AOTF is an annual event that provides access to educational, managerial and technical assistance for minority business enterprise. Eaton will act as host sponsor of the event, which last year resulted in the granting of an estimated $25 million in contract awards, and the luncheon keynote speaker on June 12 will be Ernie Green, Eaton board member and founder and president of Ernie Green Industries (EGI EGI Effective Gross Income EGI Ethical Globalization Initiative EGI Electrical Geodesics Inc. EGI European Grid Initiative EGI Energy and Geoscience Institute (University of Utah, Salt Lake City, UT) ), an automotive manufacturing company headquartered in Dayton, OH. "Attendance at this year's event is key to the growth of Eaton's supplier diversity Supplier Diversity is a business program that encourages the use of previously underutilized minority owned vendors as suppliers. It is not directly correlated with supply chain diversification, although utilizing more vendors may enhance supply chain diversification. program," said Stanley V. Mickens, vice president of supplier resource management (SRM (1) (Storage Resource Management) The management of the storage resources in an organization in order to avoid duplication of files and to determine space utilization across all servers. ) for Eaton. "It's an opportunity for Ohio-based firms to meet many successful minority businesses and begin to form strategic partnerships where they may not already exist." In conjunction with the trade fair, Eaton is also hosting its SRM Quarterly Conference in Cleveland. The company expects approximately 40 of its own managers to attend the trade fair Wednesday morning. SRM is responsible for the management of the $4 billion in goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. that Eaton procures annually. "We consider the fair important enough that we specifically scheduled Eaton's own SRM meeting to coincide with it," added Deborah Pickens, director of supplier diversity at Eaton and co-chairperson of the AOTF. "The AOTF provides Eaton personnel an opportunity to network with minority business entrepreneurs from the entire Midwest region and from multiple industries." The fair's theme, "Supplier Diversity - Get In The Game," is representative of the climate of getting involved and excited about seizing opportunities in Ohio's growing minority business venue. The Ohio councils help certified minority business suppliers throughout the state meet the challenges facing small business owners, as well as build relationships with corporate America. Eaton Corporation is a global $7.3 billion diversified industrial manufacturer that is a leader in fluid power systems; electrical power quality, distribution and control; automotive engine Automotive engine The component of the motor vehicle that converts the chemical energy in fuel into mechanical energy for power. The automotive engine also drives the generator and various accessories, such as the air-conditioning compressor and power-steering air management and fuel economy; and intelligent truck systems for fuel economy and safety. Eaton has 48,000 employees and sells products in more than 50 countries. For more information, visit www.eaton.com Information and online registration for the 2002 All Ohio Trade Fair can be found at www.allohiotradefair.com. |
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