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 electrical, hydraulic and mechanical power.

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

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

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

Recent Changes in Company Scope

-In 2020, the Company made a number of changes to its business scope with various divestitures and acquisitions. As related to the automotive and transportation market, the Company completed the sale of its Automotive Fluid Conveyance Division to Quantum Capital Partners at the beginning of 2020. In January 2020, the Company also agreed to sell its Hydraulics business to Danfoss A/S for USD 3.3 billion. The sale is expected to be completed by the early second quarter of 2021. Finally, in March 2020, the Company completed the sale of its lighting business to Signify N.V.

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
  • Pulse dampers
  • Vent valves
  • Purge nipples
  • SCR valves

-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
-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

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
-TFX telematics remote monitoring systems
-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

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.

Supplemental Information 1