Eaton Corporation plc

Company Profile

■URL

http://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 electrical, hydraulic and mechanical power.

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

  • Electrical Products
  • Electrical Systems and Services
  • Hydraulics
  • Aerospace
  • Vehicle
  • eMobility

-The Company is the market leader for commercial truck transmissions and clutches in North and South America.

Sale of Fluid Conveyance Division

-On December 31, 2019, the Company completed the sale of its Automotive Fluid Conveyance Division to Quantum Capital Partners. The Automotive Fluid Conveyance Division manufactures hydraulic power assisted steering, active ride systems, oil cooling, air conditioning and plastic components for the automotive industry. It employs approximately 1,300 people and has manufacturing facilities in the United Kingdom, Germany, the Czech Republic and China. (From a press release on January 2, 2020)

Shareholders

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

Products

Automotive components
-Twin Vortices Series (TVS) superchargers
-Light-duty manual transmissions
-Engine valves, lifters and valve actuation components
-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
-Fuel emissions controls

  • Fuel vapor valves
  • Hybrid system valves
  • SCR controls
  • eVaptive electronic fuel tank venting system

-Molded exterior components
-Powertrain controls

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

-Plastic molded components

Commercial vehicle components 
-Manual and automated transmissions
-Synchronized transmissions
-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
-Forgings
-Diagnostic tools
-Plastic molded products
-Engine valves, lifters, and valve actuation components

eMobility
-Fuses
-Power distribution unit
-Supercapacitors
-48V DC/DC converter
-High-voltage DC/DC converter
-High-voltage inverter
-Integrated power electronics
-Low-voltage inverter
-On-board charger
-2-speed EV transmission
-4-speed EV transmission
-48V regenerative accessory drive
-6-speed EV transmission

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

Supplemental Information 1