Latest In Eaton
Profit decreased 65.4 percent, impacted by divestitures and two litigation settlements.
A combination of three factors has fueled Eaton’s success.
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Including acquisitions, sales jumped 41.9 percent.
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Including 40 percent growth from acquisitions, sales were up 38 percent.
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Core sales for Eaton fell 5 percent in the quarter.
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Sales for the fourth quarter were up 7.4 percent.
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CEO: Economic growth in EU, China ‘subdued.’
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Profit increased 13.7 percent to $382 million.
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Distribution deals fill the first half of 2012.
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The two companies combined had sales of $21.5 billion in 2011.
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Eaton expects growth in U.S. markets will be higher than expected in 2012.
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Jeil Hydraulics had 2011 sales of $189 million.
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Polimer Kauçuk Sanayi ve Pazarlama A.Ş. had sales in 2011 of $335 million.
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Eaton completed nine acquisitions in 2011.
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Profit for the diversified industrial manufacturer increased 36 percent.
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Acquired company is focused on advanced liquid filtration solutions.
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Electrical Americas sales for Eaton were up 16 percent.
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