Eaton Corporation plc

Company Profile

■URL

https://www.eaton.com/

■Address

1000 Eaton Boulevard, Cleveland, Ohio, 44122 USA

Business Overview

-The Company is a diversified power management company which provides solutions to manage power. The Company’s solutions will assist in the global energy transition from fossil fuels to renewable energy, as it increases focus on electrification, invests in electric vehicles and utilizes digital technologies for power management.

-The Company is organized into the following five business segments:

  • Electrical Americas
  • Electrical Global
  • Aerospace
  • Vehicle
  • eMobility


-The Company is the market leader for commercial truck transmissions and clutches in North and South America. It is also an industry leader in valve and valve actuation.

-In January 2022, the Company completed the acquisition of Royal Power Solutions, a U.S.-based manufacturer of high-precision electrical connectivity components used in EV, energy management, industrial and mobility markets. Royal Power Solutions has approximately 450 employees and manufacturing facilities in Carol Stream, Illinois, and Queretaro, Mexico, along with a sales and engineering office in Canton, Michigan. The new operations will be reported within the Company’s eMobility business segment.

-In August 2021, the Company completed the sale of the Hydraulics business segment to Danfoss A/S, a Danish industrial company.

-In March 2021, the Company acquired Green Motion SA, a designer and manufacturer of electric vehicle charging hardware and software. The new operations will be reported within the Company’s Electrical Global business segment.

Shareholders

-The Company is listed on the New York Stock Exchange.

Products

Automotive components
-Twin Vortices Series (TVS) superchargers
-Light-duty manual transmissions
-Cylinder deactivation systems
-Switching Roller Finger Follower (SRFF) hydraulic and electromechanical variable valve actuation (VVA) system
-Differentials and traction control systems
-Advanced Machining Technology: AMETEC
-Gears
-Active suspension systems
-Air conditioning lines
-Power steering lines
-Plastic molded components
-Molded exterior components
-Fuel emissions controls

  • Fuel vapor valves
  • Hybrid system valves
  • SCR controls
  • eVaptive electronic fuel tank venting system
  • Pulse dampers
  • Vent valves
  • Purge nipples
  • SCR valves
  • Fuel Tank Isolation Valve (FTIV)
  • Inlet Check Valve
  • Roll-Over Valve
  • Active drain liquid traps
  • Compact combo valves
  • Fill limit vent valves
  • Fuel vapor combo valves

-Engine valves, lifters and valve actuation components

  • Engine valves
  • Hydraulic lash adjusters
  • Deactivating hydraulic lash adjusters
  • Rocker arms
  • Switching roller finger followers

-Powertrain controls

  • Control valves
  • Manifold assemblies
  • Transmission valves
  • Transmission solenoids


Commercial vehicle components 
-Manual and automated transmissions
-Synchronized transmissions
-Variable valve actuation solutions for diesel engines
-Engine brakes
-Dedicated rockers
-Integrated rockers
-Clutches for manual or automated transmissions
-Diaphragm springs
-Integrated powertrains
-Air conditioning lines
-Power steering lines
-Hydraulic hoses and hose fittings
-Lubricants
-Hybrid power systems
-48V TVS exhaust gas recirculation pumps
-Forgings
-Diagnostic tools
-Plastic molded products
-Engine valves, lifters, and valve actuation components
-Hydraulic lash adjusters
-Rocker arms
-EV transmissions
-Diesel engine EGR pumps
-Late intake valve closing systems
-Cylinder deactivation systems
-Cold start thermal unit air sources
-Locking differentials
-Open differentials
-Limited slip differentials


eMobility
-Fuses
-Breaktor circuit protection systems
-Battery disconnect switches
-Circuit breakers
-Fuse holders
-Fuse panels
-Power distribution units
-Supercapacitors
-48V DC/DC converter
-High-voltage DC/DC converter
-High-voltage inverter
-Integrated power electronics
-Low-voltage inverter
-On-board charger
-Programmable controllers
-Machine dynamics sensors
-VFX displays
-Battery equalizers
-2-speed EV transmissions
-4-speed EV transmissions
-48V regenerative accessory drives
-6-speed EV transmissions
-Heavy duty EV transmissions
-TVS fuel cell compressors
-48V Inverter
-EV drive module gearing
-IntelliTrac electronic limited slip differential
-MLocker mechanical locking differential
-Open Differential
-High-voltage DC/DC converter
-High-voltage traction inverter
-Integrated OBC DC/DC
-Amplifier cards 
-48V e-heater power electronics controller for commercial vehicle
-XLR Supercapacitor module for commercial vehicle
-FLEX power distribution unit (PDU) for commercial vehicle
-AC chargers
-DC chargers
-EV charging software

History

1911 Torbensen Gear and Axle Co. was incorporated in Bloomfield, New Jersey, USA
1971 Company name was changed to Eaton Corporation.
2001 Sold its automotive Vehicle Switch/Electronics Division (VS/ED), a manufacturer of electromechanical and mechatronic controls for automotive applications, to Delphi Automotive Systems.
2003 Formed Intelligent Switchgear Organization LLC, a joint venture with Catapillar Inc.
2004 Formed a joint venture with Changzhou Senstar Automobile Air Conditioner Co. Ltd. in China.
2004 Formed a joint venture with FAW Jiefang Automotive Co.,Ltd., in Changchun, China.
2005 -Completed purchase of Tractech Holdings, Inc., a US-based manufacturer of specialized differentials and clutch components for the commercial and specialty vehicle markets.
-Purchased Mexican automotive lifter manufacturer Morestana S.A. de C.V.
-Completed purchase of Brazilian powertrain manufacturer Pigozzi S.A.
2007 -Purchased the fuel components division of Saturn Electronics & Engineering, Inc.
-Sold its mirror controls division, part of the Company's automotive group
2008 -Acquired the engine valves business of Kirloskar Oil Engines Ltd.
-Formed a joint venture, Nittan Global Tech Co., Ltd. with Nittan Valve Co., Ltd. of Japan.
-Acquired Integ Holdings Limited, the parent company of Integrated Hydraulics Ltd., a U.K. manufacturer of screw-in cartridge valves, custom-engineered hydraulic valves and manifold systems.
Dec. 2019 Completed sale of Automotive Fluid Conveyance Division to Quantum Capital Partners
Jan. 2020 Agreed to sell Hydraulics business to Danfoss A/S for USD 3.3 billion
Mar. 2020 Completed sale of lighting business to Signify N.V.
Mar. 2021 Completed acquisition of Green Motion SA, a designer and manufacturer of EV charging hardware and software.
Aug. 2021 Completed the sale of the Hydraulics business to Danfoss A/S, a Danish industrial company.
Jan. 2022 Completed the acquisition of Royal Power Solutions, a U.S.-based manufacturer of high-precision electrical connectivity components used in EV, energy management, industrial and mobility markets.

Supplemental Information 1

>>>Business Report FY ended Dec. 31, 2008
>>>Business Report FY ended Dec. 31, 2009
>>>Business Report FY ended Dec. 31, 2010
>>>Business Report FY ended Dec. 31, 2011
>>>Business Report FY ended Dec. 31, 2012
>>>Business Report FY ended Dec. 31, 2013
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>>>Business Report FY ended Dec. 31, 2015
>>>Business Report FY ended Dec. 31, 2016
>>>Business Report FY ended Dec. 31, 2017
>>>Business Report FY ended Dec. 31, 2018
>>>Business Report FY ended Dec. 31, 2019
>>>Business Report FY ended Dec. 31, 2020
>>>Business Report FY ended Dec. 31, 2021


Note: A figure in brackets ( ) indicates a loss