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Eaton Corporation (NYSE:ETN)
Contact Information
Eaton Corporation
1111 Superior Ave. East, Eaton Center
Cleveland, OH 44114-2584
OH Tel. 216-523-5000
Toll Free 800-386-1911
Fax 216-523-4787

Type: Public
On the web: http://www.eaton.com
Employees: 70,000
Employee growth: 0.0%

When it comes to diversification, Eaton favors an all-you-can-eat approach. The manufacturer has made dozens of acquisitions (as well as divestitures) in its long and storied history. The company's product lines include electrical power distribution and control equipment, hydraulic products for use in mobile and industrial applications, aerospace propulsion systems, and truck safety systems. It is also one of the world's largest manufacturers of grips for golf clubs. Electrical power management is its leading line of business these days, accounting for about half of Eaton's sales. Geographically, the company makes more than half of its sales within the US.

Key numbers for fiscal year ending December, 2010:
Sales: $13,715.0M
One year growth: 15.5%
Net income: $929.0M
Income growth: 142.6%

Officers:
Chairman, President, and CEO: Alexander M. (Sandy) Cutler
Vice Chairman, CFO, and Chief Planning Officer: Richard H. Fearon
SVP Public and Community Affairs: William B. Doggett

Competitors:
ITT Corp.
Johnson Controls
Parker-Hannifin



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