Eaton Completes Acquisition of Tuthill Coupling Group
31 Dicembre 2010 - 11:05PM
Business Wire
Diversified industrial manufacturer Eaton Corporation (NYSE:ETN)
today announced it has completed its purchase of the Tuthill
Coupling Group, a division of Tuthill Corporation. The transaction
was announced December 16, 2010.
The Tuthill Coupling Group manufactures pneumatic and hydraulic
quick coupling solutions and leak free connectors used in
industrial, construction, mining, defense, energy and power
applications. The division had sales of approximately $35 million
for the 12 months ending November 30, 2010, and employs
approximately 220 people in locations in Berea, Ohio and Annemasse,
France.
Eaton Corporation is a diversified power management company with
2009 sales of $11.9 billion. Eaton is a global technology leader in
electrical components and systems for power quality, distribution
and control; hydraulics components, systems and services for
industrial and mobile equipment; aerospace fuel, hydraulics and
pneumatic systems for commercial and military use; and truck and
automotive drivetrain and powertrain systems for performance, fuel
economy and safety. Eaton has approximately 70,000 employees and
sells products to customers in more than 150 countries.
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