Change of Business Unit Name
September 22 2003 - 10:26AM
UK Regulatory
Eaton Corporation
Eaton Announces Renaming of Industrial and Commercial Controls
Business to Eaton Electrical
Diversified industrial manufacturer Eaton Corporation (NYSE:ETN) today announced
the renaming of its Industrial and Commercial Controls business to Eaton
Electrical. The Eaton organizational unit formerly known as the Cutler-Hammer
Group also will be named Eaton Electrical.
Through its integration of the electrical division of Delta plc, which Eaton
acquired in January 2003, the business has increased its ability to service the
growing needs of its multinational customers. Today, Eaton Electrical is a
global business with manufacturing and sales operations in North America, Latin
America, Western Europe, the Middle East, and Asia-Pacific.
"The Eaton Electrical name allows us to emphasize the company's solid reputation
on a global scale, reinforcing our rich history and leading position in the
electrical business," said Randy Carson, Eaton senior vice president and group
executive for Eaton Electrical. "Our product brands Cutler-Hammer(R),
Heinemann(R), MEM(R), Holec(TM) and others will be able to grow under the Eaton
Electrical group umbrella. We recognize the strong awareness of these brands and
will continue using them in our products, marketing and sales efforts."
Eaton Electrical offers electrical distribution and control products, solutions
and services that meet global standards such as those of the International
Electrotechnical Commission (IEC), the American National Standards Institute
(ANSI) and the National Electrical Manufacturing Association (NEMA).
Eaton Corporation is a global diversified industrial manufacturer with 2002
sales of $7.2 billion that is a leader in fluid power systems; electrical power
quality, distribution and control; automotive engine air management and fuel
economy; and intelligent drivetrain systems for fuel economy and safety in
trucks. Eaton has 51,000 employees and sells products in more than 50 countries.
For more information about Eaton, visit www.eaton.com. For more information
about Eaton Electrical, visit www.eatonelectrical.com.