Profile: Eaton Corporation PLC (ETN)
20 Apr 2015
Eaton Corporation PLC (Eaton), incorporated on May 10, 2012, is a power management company providing energy-efficient solutions to manage electrical, hydraulic and mechanical power. Eaton provides energy-efficient electrical solutions for commercial and residential buildings, data centers, industrial applications, machine manufacturers, energy and utility companies, community infrastructure and transportation. These solutions include: power distribution and circuit protection, backup power protection, solutions for harsh and hazardous environments, lighting and security, control and automation, structural solutions and wiring devices and engineering services. Eaton sells products to customers in more than 175 countries. The Company offers products and solutions in the categories of aerospace, electrical, filtration, hydraulics, products by name and vehicle. The Company operates in five reportable segments: electrical products and electrical systems and services, hydraulics, aerospace and vehicle.
Electrical Products and Electrical Systems and Services
The Electrical Products segment consists of electrical components, industrial components, residential products, single phase power quality, emergency lighting, fire detection, wiring devices, structural support systems, circuit protection, and lighting products. The electrical systems and services segment consists of power distribution and assemblies, three phase power quality, hazardous duty electrical equipment, intrinsically safe explosion-proof instrumentation, utility power distribution, power reliability equipment, and services. The principal markets for these segments are industrial, institutional, governmental, utility, commercial, residential and information technology. These products are used wherever there is a demand for electrical power in commercial buildings, data centers, residences, apartment and office buildings, hospitals, factories and utilities. Sales are made directly to original equipment manufacturers, utilities, and certain other end users, as well as through distributors, resellers and manufacturers' representatives.
The Hydraulics segment is engaged in hydraulics components, systems and services for industrial and mobile equipment. Eaton offers a range of power products including pumps, motors and hydraulic power units; a range of controls and sensing products including valves, cylinders and electronic controls; various fluid conveyance products including industrial and hydraulic hose, fittings, and assemblies, thermoplastic hose and tubing, couplings, connectors, and assembly equipment; filtration systems solutions; heavy-duty drum and disc brakes; and golf grips. The principal markets for the hydraulics segment include oil and gas, renewable energy, marine, agriculture, construction, mining, forestry, utility, material handling, truck and bus, machine tools, molding, primary metals, and power generation. Key manufacturing customers in these markets and other customers are located globally. Products are sold and serviced through a variety of channels.
The Aerospace segment is a supplier of aerospace fuel, hydraulics, and pneumatic systems for commercial and military use. Products include hydraulic power generation systems for aerospace applications including pumps, motors, hydraulic power units, hose and fittings, electro-hydraulic pumps and power and load management systems; controls and sensing products including valves, cylinders, electronic controls, electromechanical actuators, sensors, displays and panels, aircraft flap and slat systems and nose wheel steering systems; fluid conveyance products, including hose, thermoplastic tubing, fittings, adapters, couplings, sealing and ducting; and fuel systems, including fuel pumps, sensors, valves, adapters and regulators. The principal markets for the aerospace segment are manufacturers of commercial and military aircraft and related after-market customers. These manufacturers and other customers operate worldwide. Products are sold and serviced through a variety of channels.
The Vehicle segment is engaged in the design, manufacture, marketing, and supply of drivetrain and powertrain systems and critical components that reduce emissions and improve fuel economy, stability, performance and safety of cars, light trucks and commercial vehicles. Products include transmissions, clutches, hybrid power systems, superchargers, engine valves and valve actuation systems, cylinder heads, locking and limited slip differentials, transmission and engine controls, fuel vapor components, compressor control clutches for mobile refrigeration, fluid connectors and hoses for air conditioning and power steering, underhood plastic components, fluid conveyance products including, hose, thermoplastic tubing, fittings, adapters, couplings and sealing products for the global vehicle industry. The principal markets for the vehicle segment are original equipment manufacturers and aftermarket customers of heavy-, medium-, and light-duty trucks, passenger cars and agricultural equipment.
Eaton Corporation PLC
Fitzwilliam Place, Dublin 2