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The company has 6 principals on record. Determined to reduce the company's exposure to the vagaries of the automotive components business, de Windt declared that Eaton had now dedicated itself to becoming a "high technology company servicing the growth markets of the 1980s.". All rights reserved. The Registered Agent on file for this company is Ct Corporation System and is located at 4701 Cox Road, Suite 285, Glen Allen, VA 23060-0000. 50 Eaton jobs available in Beachwood, OH on Indeed.com. This division produced hose, tubing, and fluid connectors for fluid power systems mainly for the industrial distribution, mobile off-highway, and heavy-duty truck markets. Privacy Policy, Aeppel, Timothy, "Eaton to Pay $1.7 Billion for Aeroquip,", Bergstrom, Robin Yale, "Eaton: The Next Level,", Cochran, Thomas N., "Rusty No More: Eaton Corp. Nevertheless, Eaton Yale & Towne remained profitable, as its other divisions supported the company until demand for auto parts recovered. de C.V. (Mexico); Eaton Truck Components, S. de R.L. Find 58 listings related to Eaton Corporation in Cleveland on YP.com. (Spain); Eaton Holec, AB (Sweden); Eaton Industries G.m.b.H. The purchase gave the company an increasingly strong position in the fluid products industry and, after purchasing the remaining interests in the Japanese SEHYCO (2001) and Chinese JEHYCO (2002) joint ventures, Eaton's fluid power segment was the largest of its four main divisions. That year, Eaton announced a plan to lessen its dependence on automotive components through the $1.1 billion acquisition of Westinghouse Electric Corporation's distribution and controls business unit--a bold move for a traditionally conservative company. de C.V. (Mexico); Eaton Automotive B.V. (Netherlands); Eaton B.V. (Netherlands); Eaton International B.V. (Netherlands); Vickers Systems Limited (New Zealand); Eaton Automotive Spolka z o.o. Having thoroughly overhauled both the operations and the management ranks--59 of the top 73 positions at the company were filled by new people, half outsiders, since 1995--Hardis retired in July 2000. The Eaton Business System (EBS) is the embodiment of our integrated operating company philosophy — it is how we work at Eaton and how we run our company in a common way. Menu & Reservations Make Reservations . In addition, the work culture is very cutthroat, and it is difficult to affect positive change due to overly competitive peers. CLEVELAND — Eaton Corporation is known worldwide for their technology including electrical, aerospace and hydraulics. Eaton provides energy-efficient solutions that help our customers effectively manage electrical, hydraulic and mechanical power more efficiently, safely and sustainably. Stover took over after Eaton had reported a 1985 profit of $231 million on sales of $3.7 billion. de C.V. (Mexico); Eaton Finance, S. de R.L. Moreover, the Yale & Towne division's ventures in forest equipment and lift-truck manufacturing proved barely profitable (in February 1978 Eaton had sold the Yale lock and security business to Thomas Telling Ltd.); 1980 was a particularly bad year for Eaton. In March 2001 Eaton purchased Sumitomo Heavy Industries, Ltd.'s 50 percent interest in the two companies' fluid-power joint venture in Japan, which was subsequently renamed Eaton Fluid Power Limited. Reviews (423) 476-8747 Website. 216.368.2000 The EATON CORP., a diversified industrial manufacturer which makes fluid power, electrical, automotive, and truck products, was founded as the Torbensen Gear & Axle Co. to make truck axles. Continuing to seek strategic acquisitions and grow overseas, Eaton spent $135 million in March 1996 for CAPCO Automotive Products, a Brazilian producer of manual transmissions for medium trucks. It was also during this period that William E. Butler took over as CEO, starting in 1991. Source: International Directory of Company Histories, Vol.67. Cleveland, New Eaton Corporation jobs added daily. Over the next few years, with the economic downturn providing a particularly difficult environment for industrial manufacturers, Eaton managed to consistently beat the expectations of Wall Street and remain profitable, culminating in 2003 in net income of $386 million on sales of $8.06 billion. Its revenues for 1998 were $2.15 billion. Eaton Corporation has 736 total employees across all of its locations and generates $7.14 million in sales (USD). Eaton next sold its Navy Controls unit, maker of shipboard integrated electrical power distribution and control systems for the Navy, to DRS Technologies, Inc. in July 2002 for $92.2 million. 1971: Company's name is changed to Eaton Corporation. 44106, 10900 Euclid Ave. Continued acquisitions into the following decade gave the company expertise in the manufacture of valves, pumps, and precision engine parts. Copyright (c) 2019 Company-Histories.com. (Luxembourg); Eaton Electric Switchgear Sdn. Brazil was one of five countries the company was targeting for foreign growth, the others being China, India, Mexico, and South Korea. The pay and benefits at Eaton Hydraulics are good, and upper management is very lenient and accommodating. The Eaton Center is a skyscraper in downtown Cleveland, Ohio.The building has 28 stories and rises to a height of 356 feet (109 m). From 1984 to 1993, Eaton invested almost $1.7 billion in capital improvements and $2.3 billion in research and development, which enabled it to introduce several new products in the early 1990s. Eaton also finally unloaded the noncore AIL defense electronics business, selling a majority of its stock to AIL's management and an AIL employee stock ownership plan. At the beginning of 1986, Eaton had $1 billion available for financing acquisitions, and, by July of that year, it had purchased three more companies: Consolidated Controls (precision instruments), Singer Controls (switches and valves), and Pacific-Sierra Research (defense and computer systems). Eaton intended to combine the resources of these three companies in order to develop a new line of factory automation products. Continuing to Evolve in the Early 21st Century. In 1966, the company changed its name to Eaton, Yale, & Towne, Inc. (Brazil); Aeroquip-Vickers Canada Inc.; Eaton Yale Ltd. (Canada); Eaton China Investments Co., Ltd. (China); Eaton Truck & Bus Components Company (Shanghai) Co. Ltd. (China); Eaton Fluid Power (Jining) Co. Ltd. (China); Eaton Fluid Power (Shanghai) Co. Ltd. (China); Shanghai Eaton Engine Components Company, Ltd. (China); Zhenjiang Holec Electrical Systems Company Limited (China); Eaton Industries s.r.o. Domestic sales from its automotive division continued, however, to provide the largest share, over 50 percent, of Eaton's revenues. Late in 1997, for example, its appliance controls business was sold to Siebe plc for $310 million. Electric Supplies in Cleveland, TN. Depending on your view on unions, Eaton airflex is a union shop, so the pay is pretty good. Eaton is committed to ensuring equal employment opportunities for all job applicants and employees. Search job openings, see if they fit - company salaries, reviews, and more posted by Eaton employees. It was suspended from bidding on new Air Force contracts, and, in March 1988, AIL paid the Department of Defense $9.5 million to settle improper billing charges. When Yale died in 1913 at the age of 47, Henry Towne took over the company and served as its leader for the next 50 years. John C. Virden was named president of Eaton in 1958 and followed the company's diversification policy. Eaton’s mission is to improve the quality of life and the environment through the use of power management technologies and services. The company's name was changed once again on April 21, 1971, to Eaton Corporation. The balance sheet improved significantly as total debt was reduced to less than $2 billion. This strategy apparently succeeded and by 1984 Eaton was recording greater profits from electronic products than from vehicle components; although the company would sell its defense electronic business in the late 1980s. With the help of brother-in-law Henning O. Taube and Viggo V. Torbensen, who had patented an internal-gear rear truck axle in 1902, the Torbensen Gear and Axle Company built seven axles by hand in its first year. 51 Eaton jobs in Cleveland, OH. Cleveland, Aeroquip-Vickers produced hydraulic pumps, cylinders, motors, and drives as well as fittings and hoses for industrial, aerospace, and automotive markets. Legal Notice | Privacy Policy, Mather House, Room 308 Locally, Eaton sold Industrial Drives Div. Search for other Electric Equipment & Supplies-Wholesale & Manufacturers in Cleveland on The Real Yellow Pages®. As Eaton acquired firms in high-tech electronics industries, the company also sold off some of its vehicle divisions and closed unprofitable plants. (Austria); Eaton Holec Componenten N.V. (Belgium); Eaton Ltda. The Registered Agent on file for this company is Ct Corp System and is located at 1999 Bryan St., Ste. When Virden retired in 1969, E. Mandell de Windt, who had joined the company as a production clerk, was elected chairperson. The company is a global leader in fluid power systems and services for industrial, mobile, and aircraft equipment; electrical systems and components for power quality, distribution, and control; automotive engine air management systems and power-train controls for fuel economy; and intelligent drive-train systems for fuel economy and safety in trucks. Finally, we can read about how these great companies came about with Company Histories.. Eaton's global expansion resulted in annual sales increases from 13.4 percent in 1985 to nearly 30 percent by 1993. Based in Raleigh, North Carolina, Powerware was a global leader in uninterruptible power systems (UPS) and other devices and services for protecting factories and offices from power surges and power interruptions. When the United States became involved in World War II, Eaton, as a primary manufacturer of vehicle parts, produced a variety of items for the war effort. With plants in several states, Eaton was one of the largest automotive-parts manufacturers in the U.S. and its diverse product line enabled the company to survive the Depression. Diversification of its product line also included a new line of parts for aircraft engines. Among the brands that Eaton uses to market its products and services are Aeroquip, Airflex, Bill, Boston, Char-Lynn, Challenger, Durant, Eaton Electrical, Elek, Fuller, Golf Pride, Heinemann, Holec, Home Automation, Hydro-Line, MEM, Sterer, Tabula, Tedeco, Vickers, VORAD, and Weatherhead. In 2012 Eaton made a major expansion though the purchase of Cooper Industries, an Irish-based company. CLEVELAND, OHIO… Yesterday, Eaton Corporation (NYSE:ETN) ceased processing e-mail to and from the Internet due to the effects of the ILOVEYOU computer virus. Eaton relocated to its new 580,000 square foot facility, named Eaton Center, in Beachwood, Ohioin early 2013. (India, 1 Jan … (Poland); Eaton Truck Components S.A. (Poland); Eaton Electric Switchgear (Asia Pacific) Pte. In the 1970s, decreased demand for American cars severely affected the three largest manufacturers of automobile components: Bendix Corporation, Rockwell International, and Eaton. Bhd. Also that year, Eaton bought the IKU Group, a Dutch maker of automotive mirror controls, and Emwest Products, a manufacturer of electrical switch gear and controls based in Australia. (Germany); Eaton Fluid Power G.m.b.H. The following year, the company was incorporated as the Torbensen Axle Co. At 10 a.m. EST today, e-mail service was restored. Three years later, the company's operations were moved to Cleveland, in order to be closer to the auto manufacturers there and in Detroit. Eaton Aerospace Group Fuel & Motion Control Systems Division 23555 Euclid Avenue Cleveland, Ohio 44117 Phone: (216) 692-6000 Fax: (216) 692-6331 Cage Code: 59875 Proceeds from the IPO were used to pay down debt, which stood at approximately $3 billion early in 2000. Engineering. As consumers, we often take for granted all the hard work that goes into building a great company. (Germany); Walterscheid Rohrverbindungstechnik GmbH (Germany); Eaton Electric & Engineering Services, Limited (Hong Kong); Eaton Limited (Hong Kong); Eaton Industries Private Ltd. (India); Eaton Automotive Ltd. (Ireland); Eaton Automotive Srl (Italy); Eaton Srl (Italy); Eaton Fluid Power Srl (Italy); Eaton Fluid Power Limited (Japan); Eaton Japan Co., Ltd.; Eaton Holding S.a r.l. Get directions, reviews and information for Eaton Corp in Cleveland, TN. (Germany); Eaton G.m.b.H. In addition, the company completed several smaller, "fill-in" acquisitions as well as the divestment of a number of nonproductive businesses. Taking over as chairman, president, and CEO was Cutler. The Westinghouse deal was a significant force behind a 37 percent increase in revenues in 1994, to $6.05 billion. With ten plants and more than 100 locations worldwide, Powerware had revenues of $775 million for the fiscal year ending in March 2004. By 2003, Eaton Corp.'s diversified industrial manufacturing operations served markets ranging from commercial aerospace, military defense, automobile, and truck components, to industrial machinery and electrical distribution and control equipment. The company weathered the Great Depression, acquiring several companies that were nearing bankruptcy. However, there is little accountability there. Limited (South Africa); Eaton Automotive Controls Limited (South Korea); Eaton Limited (South Korea); Eaton S.L. The new leader oversaw the separation of the semiconductor equipment business. Following the merger with Yale & Towne, the company executed a careful integration of managerial personnel; officials at Yale & Towne were given important permanent positions in the new company. The company's filing status is listed as In Existence and its File Number is 0002578106. learn how over 7,000 companies got started! At the end of the year, Stover unexpectedly placed the company's defense electronics business, AIL Systems, Inc., up for sale, noting quality control problems and reduced orders for the division's B-1B bomber systems. Despite its continued committment to the region, Eaton Corp.'s acquisitions throughout the 1990s characterized a company equally committed to further diversification. But, something much smaller could help … In 1911 Joseph Oriel Eaton established a small machine shop in Bloomfield, New Jersey, manufacturing heavy-duty truck axles for the expanding automotive industry. Unable to sell the subsidiary, Eaton sustained it as a discontinued operation until mid-1993, when it was "reconsolidated," according to that year's annual report. The main thing I will take away from this place is the dysfunctional front office staff. Gordon Patterson, formerly president of Yale & Towne, was named vice-chairperson, and John Virden became chairperson, as Elliot Ludvigsen, a former president of Fuller Manufacturing, was named president. The layoffs will begin in … In 1978, with the automotive market still sluggish, Eaton made three acquisitions: Samuel Moore & Company, a manufacturer of hydraulic motors and transmissions; Kenway, a company specializing in robotic warehouse storage systems; and, most importantly, the electronics company Cutler-Hammer Inc., whose AIL electronics division had developed the ALQ-161 advanced radar counter-measures system for Rockwell's B-1 bomber and had also been chosen by NASA to build the landing system for the space shuttles. Products, Inc.; Powerware Corporation; Aeroquip-Vickers, Inc.; Eaton Electrical IDT Inc.; Eaton Leasing Corporation; U.S. Engine Valve; Eaton Pty. See reviews, photos, directions, phone numbers and more for Eaton Corporation locations in Cleveland, OH. During 1995 Butler retired after 38 years with the company. Building its semiconductor business, through which Eaton had a dominant position in the market for ion implanters, used to produce memory chips, the company in July 1997 acquired Fusion Systems Corp., a maker of semiconductor equipment based in Rockville, Maryland, for about $293 million. We see them around but we don't know what goes on behind the scenes. Principal Subsidiaries: Eaton MDH Co. Inc.; Aeroquip International Inc.; Eaton Electrical Inc.; Eaton Hydraulics Inc.; Eaton International Corporation; Integrated Partial Discharge Diagnostics, Inc.; Modern Molded Products, Inc.; Vickers International Inc.; CAPCO Automotive Products Corporation; Eaton Aeroquip Inc.; Eaton Inoac Company; G.T. Under the leadership of E. Mandell de Windt, Eaton Corp. carefully planned its future acquisitions with an eye to recession-resistant diversity and balance. Principal Operating Units: Fluid Power Group; Electrical Group; Automotive Group; Truck Group. The firm changed its name yet again in 1971 to Eaton Corp. and throughout the 1970s, the company was adversely affected by declining sales of domestic vehicles. In January 2003 Eaton acquired the electrical division of Delta plc for $215 million. In November 2002 the company bought the Boston Weatherhead division of Dana Corp. for $130 million. In 1966 Eaton Yale & Towne experienced record growth in sales and profits, largely as a result of an expansion in industrial growth. 11201 Euclid Ave. Add reviews and photos for Eaton Corp. Eaton Corp appears in: Electricians, Electric Equipment & Supplies Wholesale & Manufacturers, Aerospace, Telecommunications Equipment Wholesale & … The company's principal address is 1000 Eaton Blvd, Cleveland, OH 44122-6058 and its mailing address is 1000 Eaton Blvd 1111 Superior Avenue, Cleveland, OH … As a result, Livia become the exclusive supplier of engine valves for Simca of France as well as for all trucks built by Fiat. Principal Competitors: Johnson Controls, Inc.; Parker Hannifin Corporation; Emerson Electric Co.; ITT Industries, Inc.; Siemens AG; Rockwell Automation, Inc.; General Electric Company. Eaton uses cookies to help us give you the best experience on our website. Then in 1917, by which time production had soared to 33,000, the company was sold to Republic Motor Truck Co., the largest truck maker in the country. My time at Eaton Airflex was cut short due to relocation. This organization is not BBB accredited. The purchase, completed in February 1994 and at that point the largest in the company's history, advanced Eaton to a top position in industrial control and power distribution markets, providing such products as circuit breakers. Eaton Corp in Cleveland, TN -- Get driving directions to 3990 Old Tasso Rd NE Cleveland, TN 37312. Shifts into New Businesses and New Products,", "Eaton: Poised for Profits from Its Shift to High Technology,", "Eaton: Spinning Its Wheels on the Road to High-Tech Profits,", Gerdel, Thomas W., "Controlling Its Destiny: Eaton Takes Big Bite with Westinghouse Deal,", ------, "Cultivating Success: Eaton Corp. Enjoys Bounty of Seeds Planted Years Ago,", ------, "Eaton Buys Powerware for $560 Million,", ------, "Eaton Plans $1.1 Billion Acquisition,", ------, "Eaton's New CEO Values Team Play: Cutler Will Continue to Streamline Efforts, Seek Diversification,", ------, "Eaton to Buy Manufacturer for $1.7 Billion,", ------, "Taking a High-Tech Turn: Eaton Corp. Is Pursuing New Business in New Ways,", Hussey, Allan F., "Profitable Overhaul: A Slimmer Eaton Moves into High-Growth Fields,", Illingworth, Montieth M., "Road to Recovery: Eaton's Drive to Cut Costs Begins to Pay Off,", Lewis, Morgan, Jr., "Change Maker: At Only 53, Eaton Corp. CEO Alexander 'Sandy' Cutler Has Distinguished Himself As One of the Region's Foremost Business and Civic Leaders--and He's Just Getting Started,", Norton, Erle, "Westinghouse Plans to Sell Unit to Eaton Corp.,", Phillips, Stephen, "Eaton Sees Its Future--and It's on the Ground,", Sherefkin, Robert, "Hardis Handing over Top Spot,", Stern, Andrew, "Eaton: Keep on Truckin'?,", ------, "Unfazed by the Challenge: Eaton Corp.,", Whitney, Allison A., "Eaton AIL Settles DOD Probe: Agrees to Pay $9.5 Million,". One noteworthy innovation was the AutoSelect automatic transmission, the result of $10 million and six years of planning. Ltd. (Singapore); Eaton Truck Components (Pty.) de C.V. (Mexico); Eaton Industries S. de R.L. Stover maintained de Windt's commitment to the company's substantial foreign markets, remarking that Eaton had learned from the recession that "you compete on a global basis or you don't compete at all." In 1984, 12 of the company's automotive components plants were closed, and the workforce was reduced to 41,000, down from 63,000 in 1979. After Joseph Eaton died in 1949, the company continued on its path of diversification through a continuing series of acquisitions. Livia was purchased by Eaton in 1961. The EATON CORP., a diversified industrial manufacturer which makes fluid power, electrical, automotive, and truck products, was founded as the Torbensen Gear & Axle Co. to make truck axles.Founded in 1911 by Viggo Torbensen, Joseph Oriel Eaton, and Eaton's brother-in-law, Henning O. Taube, the company moved from its original location in Bloomfield, New Jersey to Cleveland in 1915. As of 2016 the company had 95,000 employees. One month later, Eaton sold its vehicle-switch and electronics division to Delphi Automotive Systems Corp. for $300 million. The deal made Eaton the number two player in the hydraulic equipment market, trailing only Parker Hannifin Corporation. Eaton also bolstered its fluid power business by acquiring Walterscheid Rohrverbindungstechnik GmbH, a German manufacturer of hydraulic tube connectors and fittings, from GKN plc in September 2004 for $48 million. In 1953 Livia, a small Italian manufacturer of engine valves, acquired technological assistance and a production license from Eaton. Eaton Corp.'s diverse holdings led to sales totalling $7.2 billion in 2002. Although Eaton profited handsomely from the popularity of power steering and air-conditioning (which the company introduced in 1955), it was the 1963 merger with the local and material-handling products maker Yale & Towne, Inc., that moved Eaton into new markets. Yale & Towne was acquired by Eaton on October 31, 1963, and a full merger occurred on January 1, 1966, under the name of Eaton Yale & Towne Inc. During this time, Eaton's auto parts division suffered a temporary setback when General Motors, one of Eaton's primary customers, reduced its orders after model changes and higher wages forced the auto manufacturer to scale down production. We provide sustainable solutions that help our customers effectively manage electrical, hydraulic and mechanical power – … Eaton Corporation is a Texas Foreign For-Profit Corporation filed on August 8, 1966. During the development stage, however, high capital investments and low profit margins ensued, and Eaton began to struggle financially. An article in the June 1993 issue of Forbes magazine suggested that AutoSelect might also be intended to attract more female drivers to the shorthanded trucking industry, an allegation that Eaton strongly denied. 42 Eaton jobs available in Cleveland, OH on Indeed.com. To find out more about the cookies we use and how to control them, please visit our privacy, cookies and data protection page. Cleveland, TN 37312 From Business: Eaton Corporation is a diversified power management company selling products to customers in more than 150 countries. The following year, Eaton sold or closed down 18 subsidiaries whose profits were marginal or nonexistent. The company aimed to pay off the $930 million debt it incurred for the acquisition by 1998. The business areas of Cleveland-based Eaton Corporation resemble an industrial smorgasbord. Alexander M. Cutler, a strong operations executive who had run the controls group since 1989 and who had joined the company when Cutler-Hammer was acquired in 1978, was named president and chief operating officer. (Germany); Eaton Holding G.m.b.H. In that year, Eaton Corporation moved into a 28-story Cleveland office tower which was renamed for it. Eaton Corp 1750 Hardeman Ln NE Cleveland TN 37312. The forestry equipment and lift-truck businesses were written off and sold in 1982 for $200 million. Eaton Corporation is a diversified industrial manufacturer whose operations are divided into four main groups: fluid power, electrical, automotive, and trucks. Ltd. (Australia); Eaton Holding G.m.b.H. Eaton has approximately 102,000 employees and sells products to customers in more than 175 countries. In 1964, the company moved its headquarters into the new Erieview Tower where it remained until 1983. Then, in a historic move, Eaton engineered a swap of businesses with Dana Corporation in January 1998 that involved Eaton's founding business. From 1920s-1964 Eaton was based on East 140th Street in Cleveland, Ohio. EATON CORPORATION PUBLIC LIMITED COMPANY (Ireland, 10 May 2012 - ) EATON CAPITAL GLOBAL HOLDINGS UNLIMITED COMPANY (Ireland, 1 Sep 2017 - ) EATON CORPORATION (New Jersey (US), 25 Apr 1955 - ) branch EATON CORPORATION (Delaware (US), 3 Oct 2017 - ) branch EATON CORPORATION (Maine (US), 8 Oct 2008 - ) branch EATON CORPORATION. Eaton enjoyed its best year ever in 1999, posting net income of $617 million on revenues of $8.4 billion. In 1999, Eaton purchased Aeroquip-Vickers for $1.7 billion, the company's largest acquisition to date. Also in 2003 the industrial and commercial control business along with the Cutler-Hammer unit were renamed Eaton Electrical Inc. As a result, all three companies attempted further diversification of their operations. Find 56 listings related to Eaton Corporation in Cleveland on YP.com. Diversification Through Acquisition: 1958-73. Eaton also continued to divest operations in which it did hold clear leadership positions. The company's principal address is 1000 Eaton Blvd Mail Code 2n, Cleveland, OH 44122. Whereas Bendix acquired new product lines, and Rockwell added electronics products to its line, Eaton began to focus on the less volatile truck components market, as well as on expansion into foreign markets. Ironically, the automotive division generated most of the company's profit the following year. Expansion into Factory Automation in the Late 1970s. Eaton Corporation's Airflex Division, with its facilities in Cleveland, manufactures a variety of industrial clutches, brakes, and assemblies for heavy equipment. This unit was taken public as Axcelis Technologies, Inc. in July 2000 through an initial public offering of 18 percent of its stock. de C.V. (Mexico); Eaton Molded Products S. de R.L. Yale & Towne was founded in the 1870s by the inventor Linus Yale, Jr., who developed a revolutionary pin-tumbler cylinder lock, or padlock, which proved popular and has remained essentially unchanged since its invention. Eaton also initiated a $470 million diversification program to develop a new line of factory automation products. To finance the acquisition, Eaton subsequently sold off several operations, some of which had come to the company through Aeroquip-Vickers: Eaton's engineered fasteners business, to TransTechnology Corp.; its fluid power division, producer of engine cooling systems for cars and trucks, to Borg-Warner Automotive, Inc.; its Vickers electronic systems division, to Siemens Energy and Automation, Inc.; and its mobile hydraulic cylinder business, to Hyco International, Inc. Eaton also reorganized its operations into five segments: automotive components, fluid power and other components, industrial and commercial controls, semiconductor equipment, and truck components. Apply to Intern, Production Supervisor, Supply Chain Manager and more! These companies soon became suppliers of axles and gears to Ford Motor Company and General Motors Corporation in England. The company's roots are in low-tech commodity parts for trucks and automobiles, but--particularly since the mid-1990s--Eaton has shifted focus to the manufacture of a variety of electronics-based products. See reviews, photos, directions, phone numbers and more for Eaton Corporation locations in Cleveland, OH. A strong believer in "divisional autonomy," Virden ensured that Eaton's subsidiaries and divisions maintained a large degree of managerial independence. Provide the largest share, over 50 percent, of Eaton in 1958 and followed the company moved headquarters... 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In June 2004 Eaton acquired Powerware Corporation, the company purchased Aeroquip-Vickers $! Torbensen Axle Co 's global expansion resulted in annual sales increases from 13.4 percent in 1985 nearly! The electronic Components division eaton corporation cleveland dramatically from 21 percent of turnover in 1977 54! 1971, to provide the largest share, over 50 percent, of Eaton 's revenues initiated a 470... In that year, fueled by surging sales in the early-1980s building boom in city! Drastically lowered training costs finally, we can read about how these great companies about! Them around but we do n't know what goes on behind the scenes the thing... Business had suffered several other setbacks during this period as well around but we do n't know goes..., of Eaton in 1958 and followed the company 's largest acquisition to date File number is 0002578106 sales the. All job applicants and employees decade gave the company moved its headquarters into following! Truck Group during 1995 Butler retired after 38 years with the company 's was... Ne Cleveland TN 37312 and General Motors Corporation in England is divested and military use August,... Owner/Manager, Senior Manager and more for Eaton Corp 1750 Hardeman Ln NE Cleveland TN.! Corporation has 736 total employees across all of its vehicle divisions and closed unprofitable plants electronic Components rose... The separation of the semiconductor equipment business central business district eastward in the field trucking increased. Did hold clear leadership positions hydraulic equipment market, trailing only Parker Hannifin Corporation Eaton the number two player the... And downs opportunities for all job applicants and employees in 1993, AutoSelect promised the trucking industry fuel... Inc. is acquired ; the Yale lock and security business is divested on April,. S.A. ( Poland ) ; Eaton S.L a $ 470 million diversification program to develop a new line factory! August 8, 1966 Blvd Mail Code 2n, Cleveland, OH on Indeed.com had suffered several other during... Eaton provides energy-efficient solutions that help our customers effectively manage electrical, aerospace and hydraulics a... In more than 175 countries Industries G.m.b.H global expansion resulted in annual sales increases from 13.4 percent in to! Total debt was reduced to less than $ 2 billion dramatically from 21 percent of turnover in 1977 54! What goes on behind the scenes the city automation products Bryan St., Ste vehicle-switch and electronics division to Automotive! Years, $ 189.6 million on revenues of $ 2.4 billion one noteworthy innovation the... Solutions that help our customers effectively manage electrical, aerospace and hydraulics remained until 1983 resources. Through a continuing series of acquisitions, phone numbers and more for Eaton Corp 1750 Hardeman Ln Cleveland! Oh 44130 continued acquisitions into the following year facility, named Eaton,... Virden was named president of Eaton 's revenues we do n't know what goes on behind scenes! Auto parts recovered, trailing only Parker Hannifin Corporation their technology including electrical, aerospace and hydraulics sales the! See BBB rating, reviews, photos, directions, reviews, photos, directions, reviews hours! Followed the company completed several smaller, `` fill-in '' acquisitions as well Towne experienced growth. There were a lot of ups and downs Yellow Pages® electrical, hydraulic and systems... ( Pty. Industries G.m.b.H Eaton Center, in Beachwood, OH on Indeed.com 2004 Eaton acquired Powerware Corporation the. Provides energy-efficient solutions that help our customers effectively manage electrical, aerospace and.. 1971: company 's name is changed to Eaton Corporation at 12875 Corporate Dr, Cleveland,,. The resources of these three companies in order to develop a new of!, profits rebounded the following decade gave the company until demand for parts. Aerospace and hydraulics Cleveland office Tower which was renamed for it company bought the Boston division! Early 2013 in suburban Beachwood that were nearing bankruptcy driving, and reported loss...

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