New Vice President, Eaton Business System

27.04.2006 -

Eaton announced that Richard D. Holder has been named vice president, Eaton Business System (EBS), effective May 1, 2006. He replaces James W. McGill, who was recently named vice president, Asia/Pacific.

Eaton is “Triple Award” Winner

10.04.2006 -

Eaton Corporation is the only supplier to be recognized as “outstanding” by Honda in three key performance categories, including being named the first winner of Honda’s Corporate Citizenship Award.

Eaton to Purchase Synflex

14.03.2006 -

Eaton announced it has signed an agreement with Saint-Gobain Performance Plastics Corporation to purchase its Synflex business unit. The transaction, expected to close by the end of March, is subject to regulatory approvals and other customary closing conditions. Terms were not disclosed.

Eaton Reports Fourth Quarter Net Income

23.01.2006 -

Diversified industrial manufacturer Eaton Corporation announced net income per share of $1.38 for the fourth quarter of 2005, an increase of 19 percent over net income per share of $1.16 in the fourth quarter of 2004. Sales in the quarter were a record $2.8 billion, 8 percent above the same period in 2004. Net income was $210 million compared to $183 million in 2004, an increase of 15 percent.

Don McGrath Named Eaton Vice President, Communications

23.01.2006 -

Diversified industrial manufacturer Eaton Corporation announced that Donald J. McGrath has been named vice president, communications. McGrath joined the company January 20 and leads Eaton’s internal, external, digital and brand communications.