Eaton Corp., Cleveland, OH, has acquired the engine valves business of Indian company Kirloskar Oil Engines Ltd.
Through this acquisition, we will be able to use our global resources to meet the needs of the domestic Indian customer base and provide support to our customers around the world,”said Joseph P. Palchak, CEO -Automotive Group. “In addition, Kirloskar’s new facility in Ahmednagar, India, provides Eaton with a first-class valve facility, expansion opportunities and an experienced workforce.”
The engine valves business of Kirloskar Oil Engines Ltd. employs 500 people in India and had 2007 sales of $5 million. The business designs, manufactures and sells intake and exhaust valves for diesel and gasoline engines.
Eaton is a diversified …
Eaton Buys Indian Engine Valves Business
Eaton Corp., Cleveland, OH, has acquired the engine valves business of Indian company Kirloskar Oil Engines Ltd.
Through this acquisition, we will be able to use our global resources to meet the needs of the domestic Indian customer base and provide support to our customers around the world,”said Joseph P. Palchak, CEO -Automotive Group. “In addition, Kirloskar’s new facility in Ahmednagar, India, provides Eaton with a first-class valve facility, expansion opportunities and an experienced workforce.”
The engine valves business of Kirloskar Oil Engines Ltd. employs 500 people in India and had 2007 sales of $5 million. The business designs, manufactures and sells intake and exhaust valves for diesel and gasoline engines.
Eaton is a diversified …
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