Eaton Corporation PLC is a global power management company that operates as an electrical, hydraulic, and mechanical power provider. It was founded in 1911 with its initial headquarters in Dublin, Ireland, before moving to Cleveland, Ohio, in 2010. It has operations in around 175 countries worldwide.
Eaton Corporation focuses on solving challenges in electrical, aerospace, hydraulic and vehicle products (induding eMobility) through its power services. These products promote efficiency and safety for industry usage. In dealing with electrical demands, Eaton is one of the top four large global players in the worldwide low- and medium-voltage electrical market.
Eaton supports the quest for sustainability and aligns its future investments with the U.N. Global Compact. It aims to move its manufacturing of power products from fossil fuels to renewable energies. The company targets include reducing its carbon emissions by half and achieving carbon neutral operations by 2030. As of 2020, the company has been publidy trading on the NYSE for 98 years under the ticker ETN. It is the 15th oldest listing on the exchange and has been paying dividends on its stock since 1923. |
