Eaton Corporation is a $12.4 billion goliath, with 61,000 employees and customers in more than 125 countries. Eaton is a global industry leader in numerous sectors such as electrical systems and components, fluid power systems and services, and specialized components for increased fuel efficiency.
Eaton bought the Westinghouse Distribution and Controls Business Unit in 1994. The acquisition included all of the Westinghouse electrical distribution and control product business and sole access to the valuable brand.
Eaton's expertise stretches across many related industries, but the company knows to pay attention to its core skills. The company spun off its semiconductor equipment in 2000 as Axcelis.
The global growth of the automotive industry and increasing air travel in Asia and the Middle East bode well for Eaton's prospects. The company can be expected to continue to grow along with its extensive client base.
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