Eaton Company Introduction
EATON is a Fortune 500 company with a history of more than 100 years and is the world's leading manufacturer of diversified industrial products. The company was founded in 1911 and listed on the New York Stock Exchange in 1923. Eaton is committed to being the “source of global business power”, helping customers manage power, fluids and mechanical power more reliably, efficiently and safely to meet the world's toughest energy challenges. Selected as one of the "100 Most Innovative Companies in the World", "The World's Most Ethical Company" and "Top 50 Global Sustainable Development".
EATON is a diversified power management company. As a global technology leader, Eaton is committed to providing energy efficient solutions that help customers manage power, hydraulics and mechanical power more efficiently. Eaton acquired Cooper Industries in November 2012. In 2012, Eaton and Cooper's total sales were $21.8 billion. Eaton has approximately 103,000 employees and its products are sold in more than 175 countries and territories.
On December 19, 2012, Eaton announced that it has completed the acquisition of Cooper Industries Group. The $13 billion acquisition was the largest acquisition in Eaton’s 101-year history and a revolutionary milestone for Eaton. After the acquisition, Eaton and Cooper will be integrated into a new, globally leading power management company, the new company will be named Eaton Co., Ltd., and the new company headquarters will be registered in Ireland.