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Eaton Corporation plc is a leading American-Irish multinational power management company, recognized globally for its innovative solutions in managing electrical, hydraulic, and mechanical power. Founded in 1911, and with its global headquarters in Dublin, Ireland, and a secondary administrative center in Beachwood, Ohio, Eaton has consistently positioned itself at the forefront of the power management industry.
With 2022 sales amounting to $20.75 billion, Eaton operates through several primary segments: Electrical Americas, Electrical Global, Aerospace, Vehicle, and eMobility. This diversified portfolio enables Eaton to cater to a wide range of end markets, including commercial vehicles, general aviation, trucks, data centers, utilities, and residential applications.
Eaton's recent achievements highlight its commitment to growth and innovation. The company has expanded its manufacturing capacity with a new state-of-the-art assembly plant in Santiago de los Caballeros, Chile, and a modern campus in Helsinki, Finland, to meet the rising demand for its products. These facilities focus on producing critical components like UPS systems and Bussmann series fuses, which are essential in data centers, renewable energy projects, industrial buildings, and electric vehicles.
In addition to facility expansions, Eaton is actively participating in the BIG LEAP project, an EU research initiative aimed at enhancing energy storage efficiency using second-life batteries from electric vehicles. This project underlines Eaton's dedication to sustainability and innovation in energy management.
Eaton also places a strong emphasis on sustainability and environmental stewardship. The company is dedicated to protecting the environment and improving the quality of life for people everywhere through its products and solutions. By capitalizing on global trends like electrification and digitalization, Eaton is accelerating the planet's transition to renewable energy sources and helping solve some of the most urgent power management challenges.
With over a century of experience, Eaton remains a trusted name, serving customers in more than 160 countries. The company reported revenues of $23.2 billion in 2023, showcasing its robust financial condition and commitment to innovation.
For more information, visit Eaton.com. Follow Eaton on LinkedIn.
Eaton (ETN) has been recognized among the top 10 of Resilinc's Top 30 Most Resilient Suppliers to the high-tech industry for the third consecutive year. The company earned this distinction for its exceptional supply chain resilience and risk management capabilities.
According to Rick Freeman, Resilinc's Directory of Advisory Services, Eaton's high performance is attributed to their transparency, collaboration, sub-tier supply chain mapping, and proactive risk mitigation. The company demonstrated strong capabilities in quickly responding to disruptions, maintaining supply continuity, and providing multi-tier supply chain intelligence.
The ranking was determined from an analysis of over 140,000 suppliers in the High-Tech, Electronics, Telecom, and Semiconductor supply chain, with quarterly updated metrics. Eaton's strong performance includes having backup sites and business continuity plans for accelerated recovery time. The company reported revenues of $23.2 billion in 2023 and serves customers in more than 160 countries.
Eaton (NYSE:ETN), an intelligent power management company, has scheduled its fourth quarter 2024 earnings announcement for January 31, 2025, before the NYSE opening. The company will host a conference call at 11 a.m. Eastern time to discuss the results with analysts and institutional investors.
A live webcast will be accessible through Eaton's website, where the call replay and news release will also be available. The company, founded in 1911 and NYSE-listed for over a century, reported revenues of $23.2 billion in 2023 and serves customers in more than 160 countries. Eaton focuses on power management solutions across various markets including data center, utility, industrial, commercial, aerospace, and mobility sectors.
Eaton (ETN) has secured a $20M contract to support the construction of NY CREATES' new NanoFab Reflection semiconductor research facility at its Albany NanoTech Complex. The facility will feature a 50,000 square-foot cleanroom dedicated to semiconductor R&D, with completion expected in 2026.
The project is partially funded by New York State, NY CREATES, industry partners, and the $52 billion U.S. CHIPS & Science Act. Eaton will provide low- and medium-voltage switchgear and implement its Brightlayer electrical power monitoring system across the complex. The facility will support next-generation nanotechnology research and house the CHIPS for America EUV Accelerator.
The expanded complex will strengthen NY CREATES' integrated ecosystem, supporting partners including IBM, Applied Materials, Tokyo Electron, ASML, and Lam Research. Eaton reported revenues of $23.2 billion in 2023.
Eaton is showcasing its AbleEdge home energy management system at CES 2025, demonstrating vehicle-to-home (V2H) and vehicle-to-grid (V2G) capabilities that enable electric vehicle batteries to power homes during outages. The system can provide 10-20 hours of home power using EV batteries, addressing the average 5.5 hours of annual power outages in U.S. homes.
The company is collaborating with Treehouse for installations and Munich Electrification for battery configuration switch development. The AbleEdge system allows interoperability with various distributed energy resources (DERs) while minimizing infrastructure upgrades. Eaton reported revenues of $23.2 billion in 2023 and operates in over 160 countries.
The technology will be demonstrated at CES 2025 booth 10341 and at Eaton's Pittsburgh Experience Center, featuring panel discussions on AI, energy infrastructure, and automotive cybersecurity.
Eaton is showcasing its AbleEdge home energy management system at CES 2025, demonstrating vehicle-to-home (V2H) and vehicle-to-grid (V2G) capabilities that enable electric vehicle batteries to power homes during outages. The system can provide 10-20 hours of home power using EV batteries, addressing the average 5.5 hours of annual power outages in U.S. homes.
The company is collaborating with automotive OEMs, energy storage, and solar providers to create interoperable solutions. Through partnership with Treehouse, Eaton is streamlining installations and avoiding costly electrical panel upgrades. The company has also partnered with Munich Electrification to develop a battery configuration switch for enhanced EV charging flexibility.
Eaton reported revenues of $23.2 billion in 2023 and serves customers in over 160 countries. The company will demonstrate its solutions at CES 2025 booth 10341 and its Pittsburgh Experience Center.
Eaton will showcase its power management solutions at CES 2025 in Las Vegas, demonstrating technologies for homes, vehicles, buildings, factories, and data centers. The company will present innovations in several key areas: smart homes integration, transportation electrification, sustainable commercial buildings, EV charging infrastructure, factory automation, and data center efficiency.
The event will feature guest appearances by Jimmy DiResta, a renowned maker community figure, who will unveil a special project and sign autographs on January 7-8. Additionally, Eaton experts will participate in panel discussions covering AI transformation, future energy infrastructure, and automotive cybersecurity.
Eaton (NYSE:ETN) has announced leadership changes in its legal department. Lucy Clark Dougherty will become general counsel on January 27, 2025, and will succeed Taras "Terry" Szmagala Jr. as executive vice president and chief legal officer upon his retirement on April 4, 2025. Dougherty joins from Polaris, where she served as senior vice president, general counsel and secretary. She previously held roles at General Motors and the U.S. Department of Homeland Security.
The company reported revenues of $23.2 billion in 2023 and operates in more than 160 countries, focusing on intelligent power management solutions across various markets including data center, utility, industrial, and aerospace sectors.
Eaton highlights opportunities for healthcare decarbonization through energy transition, digitalization, and evolving regulations. The healthcare industry accounts for 8.5% of U.S. emissions, surpassing both residential and commercial sectors. Eaton is developing a microgrid for a California medical center expected to reduce energy costs by 20% and emissions by 25%.
The company emphasizes digital technologies' role in power management optimization, including sensors, AI models, and digital twins. A recent EPA study showed that each dollar saved through better energy performance equals up to $20 in new revenues for non-profit healthcare organizations. The March 2023 CMS waiver now allows healthcare facilities to use alternative emergency power sources, enabling more sustainable solutions like microgrids and solar power.
Eaton provides guidance on the 2023 update to NFPA 70B, which has evolved from a 'Recommended Practice' to a mandatory 'Standard' for electrical maintenance programs. The update includes specific maintenance requirements for energy transition technologies including photovoltaic systems, wind power systems, battery storage, and EV charging infrastructure.
The standard introduces an Equipment Condition Assessment (ECA) system that determines maintenance intervals based on equipment physical condition, criticality, and operating environment. It also defines different types of electrical testing categories and allows for continuous monitoring and predictive techniques to guide maintenance schedules.
Eaton (NYSE:ETN) has announced key leadership changes effective January 1, 2025. Pete Denk has been appointed as president and chief operating officer of the Industrial Sector, succeeding Paulo Ruiz who will become president and CEO following Craig Arnold's retirement on May 31, 2025. Denk will oversee the company's Aerospace, Mobility, Filtration, and Golf Pride businesses.
In a related move, Antonio Galvao will succeed Denk as president of the Mobility Group. Denk joined Eaton in 2018 and previously held positions at Robert Bosch , while Galvao brings 38 years of experience at Eaton. The company reported revenues of $23.2 billion in 2023 and serves customers in more than 160 countries.
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