Eaton Corporation (Eaton or Company) is a global diversified industrial manufacturer.
Eaton was incorporated in Ohio in 1916, as a successor to a New Jersey company
incorporated in 1911. The Company is a leader in the design and manufacture of
fluid power systems; electrical power quality, distribution and control; automotive
engine air management and powertrain controls for fuel economy; and intelligent
drivetrain systems for fuel economy and safety in trucks.
The principal markets for Fluid Power, Automotive and Truck are original equipment
manufacturers and after-market customers of aerospace products and systems,
off-highway agricultural and construction vehicles, industrial equipment, passenger
cars and heavy-, medium-, and light-duty trucks. These manufacturers are located
globally and most sales of these products are made directly to such manufacturers.
The principal markets for Electrical are industrial, construction, commercial,
automotive and government customers. These customers are generally concentrated
in North America, Europe and Asia/Pacific; however, sales are made globally.
Sales are made directly by Eaton and indirectly through distributors and manufacturers
representatives to such customers.
Raw Materials - Principal raw materials used are iron, steel, copper, nickel,
aluminum, brass, silver, rubber, plastic and insulating materials. Materials
are purchased in various forms, such as pig iron, metal sheets and strips, forging
billets, bar stock and plastic pellets.
Fluid Power
Competition - Principal methods of competition in this segment are price, geographic
coverage, service and product performance. Eaton occupies a strong competitive
position in relation to the many competitors in this segment and, with respect
to many products, is considered among the market leaders.
Electrical
Competition - Principal methods of competition in this segment are price, geographic
coverage, service and product performance. Eaton occupies a strong competitive
position in relation to the many competitors in this segment and, with respect
to many products, is considered among the market leaders.
Automotive
Competition - Principal methods of competition in this segment are price, service
and product performance. Eaton occupies a strong competitive position in relation
to the many competitors in this segment and, with respect to many products,
is considered among the market leaders.
Truck
Competition - Principal methods of competition in this segment are price, service
and product performance. Eaton occupies a strong competitive position in relation
to the many competitors in this segment and, with respect to many products,
is considered among the market leaders.
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