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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 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.
Eaton is implementing a renewable energy microgrid at Maplewood Intermediate/Middle School in Menasha, Wisconsin, set to be the largest of its kind in the state. The project, scheduled for completion in 2025, will help achieve net zero energy status and is expected to save the Menasha Joint School District $190,000 in annual energy costs.
The microgrid system incorporates 1.3 megawatts of solar PV panels, energy storage, and natural gas generators. At its core are Eaton's new microgrid controller and battery energy storage system (BESS), enabling strategic energy management. The school, serving approximately 1,000 students, is being built from the ground up with advanced energy conservation strategies to support regional carbon neutrality goals.
Eaton is implementing a renewable energy microgrid at Maplewood Intermediate/Middle School in Menasha, Wisconsin, set to be the largest of its kind in the state. The project, scheduled for completion in 2025, will help the school district save $190,000 in annual energy costs and achieve net zero energy status. The system includes 1.3 megawatts of solar PV panels, energy storage, and natural gas generators.
The project features Eaton's new microgrid controller integrated into a switchboard and xStorage™ battery energy storage system (BESS), enabling strategic energy management. The Menasha Joint School District is pursuing Inflation Reduction Act tax credits to maximize the project's value, with Eaton providing guidance on equipment specifications to meet domestic preference requirements.
Eaton has launched the xStorage battery energy storage system (BESS) to accelerate decarbonization and maximize onsite renewable energy usage. The system provides 250 to 1000 kWh of usable stored energy, with the ability to double capacity through parallel installation. xStorage BESS enables strategic energy dispatch, grid-independent operation, and participation in demand response programs. The solution includes microgrid islanding capabilities, remote monitoring through Brightlayer software, and comprehensive maintenance support through Eaton's national engineer network. The company reported revenues of $23.2 billion in 2023 and serves customers in over 160 countries.
Eaton has launched the xStorage battery energy storage system (BESS) to accelerate decarbonization and maximize onsite renewable energy usage. The system enables customers to store and strategically dispatch energy, helping reduce costs and maintain power during outages. The xStorage BESS provides 250 to 1000 kWh of usable stored energy, with the ability to double capacity through parallel installation. The solution includes microgrid islanding capabilities and integrates with Eaton's Brightlayer software for remote monitoring. Eaton's national network provides commissioning and maintenance support for this turnkey solution.
Eaton's new global study reveals companies are increasingly willing to abandon legacy technologies to adopt AI and machine learning. The research shows only 23% of companies now view legacy technology as a digitalization barrier, down from 33% in 2022. Key sector findings include: data centers focusing on facility upgrades (42.3%) and capacity expansion (38.6%); utilities expecting significant grid capacity increases; manufacturers seeing AI as key for decarbonization (66%); and building operators planning to install management systems for energy optimization. The study, conducted by S&P Global Market Intelligence, surveyed digital transformation leaders across data center, utilities, buildings, and manufacturing sectors in North America, Europe, and Middle East.
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