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Home > Company Index > Manufacturing > Turbines & Transformers & Other Electrical General Equip. > Eaton Corporation

Eaton Corporation
NYSE: ETN
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 NEWS FROM THE WIRES
Eaton second-quarter earnings slide on weak markets
Jul 16 2001 04:17 AM PDT

Eaton second-quarter earnings slide on weak markets
Jul 16 2001 04:17 AM PDT

Telcos, media lift eurostocks, tech earnings eyed
Jul 13 2001 08:49 AM PDT

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 PROFILE
For Eaton, parts for cars and trucks mean big bucks. The company makes electrical power distribution and control equipment, truck drivetrain systems, engine components, and fluid-power (hydraulic) products for the aerospace, automotive, and construction industries, among others. Since acquiring Aeroquip-Vickers for $1.7 billion, Eaton has sold several noncore operations and has spun off its chip equipment unit, Axcelis Technologies. Eaton is emphasizing its fluid-power and industrial and commercial controls segments to offset the softness of automotive and truck markets. The company has about 195 manufacturing facilities in 24 countries, but the US accounts for about 75% of its sales.

 COMPETITION
Johnson Controls, Inc. (JCI)
Parker Hannifin Corporation (PH)
TRW Inc. (TRW)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 8,309.00
1-Yr. Sales Growth: (1.1)%
Employees: 59,000
Revenue per employee: $140,830.51

 KEY PEOPLE
• Alexander M. Cutler
    CEO
• Adrian T. Dillon
    CFO

 CONTACT INFO
Eaton Center
Cleveland, OH 44114
US
Phone: 216-523-5000
Fax: 216-523-4787
Online: Web Site

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