Joseph O. Eaton, Henning O. Taube, and Viggo V. Torbenson incorporated Torbensen Gear and Axle Co in New Jersey in 1911 in order to manufacturer Torbensen’s patented internal-gear truck axle. Through a series of mergers and acquisitions over the years in the automotive industry, the company eventually became known as Eaton Corporation.
In 1916, the company acquired Republic Motor Truck Company, thus forming Eaton Axle Company. In 1920, Eaton Axle Company then merged with Standard parts, forming Eaton Axle and Spring Company. Their idea was to grow the business quickly and efficiently through the acquisition of other companies within the industry.Eaton Corporation, as it stands today, is a power management company that generates $16.31 billion in annual revenue. They are a publicly-traded S&P 500 Component company. Eaton operates in over 175 countries, with a workforce of 102,000 employees. The company conducts business in the following sectors:
Recently, Eaton Electrical purchased Westinghouse Distribution and Controls Business unit in 1994, which included all electrical distribution and control products. The products were then branded “Eaton” and sold to a large number of commercial and industrial applications. In 2003, the same Electrical Distribution and Control business also acquired the electrical division of Delta plc., which brought Delta brands Holec, MEM, Tabula, Bill, and Elek under Eaton’s wing. In addition, Eaton also started a joint venture with Caterpillar Inc. In 2006, Eaton began expanding into the data center power distribution market, mainly due to their acquisition of Powerware in 2004. Most notably, in 2012, Eaton purchased well-known Ireland-based Cooper Industries in a deal valued at $11.46 billion. Due to this large number of mergers and acquisitions and coupled by the company philosophy of growth through buying out other companies, Eaton Corporation boasts a vast array of brand names all in its product offering. Some notable brand names include Aeroquip, Airflex, Cooper, Crouse-Hinds, Cutler-Hammer, Holec, Powerware, and Weatherhead, just to name a few. If you are looking for any of these brand name products owned by Eaton Corporation, look no further than ASAP Semiconductor. We strive to be a leading distributor of Eaton Corporation brands and products. Our proprietary website ASAP Purchasing has a vast inventory list of parts that we can support. Contact us today at email@example.com for all your procurement needs.
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