Eaton Completes Acquisition of Medium Voltage Switchgear Manufacturer E.A. Pedersen Company
29 Dicembre 2011 - 11:00PM
Business Wire
Diversified industrial manufacturer Eaton Corporation (NYSE:ETN)
today announced it has completed its acquisition of E.A. Pedersen
Company, a manufacturer of medium voltage switchgear primarily for
the electrical utilities industry. The transaction was announced
December 16, 2011.
The Omaha, NE- based company’s products include metal-clad
switchgear, power control buildings and relay control panels. E.A.
Pedersen does business as Pedersen Power Products and employs about
150 people. The company is expected to have 2011 sales of
approximately $37 million.
Eaton Corporation is a diversified power management company with
2010 sales of $13.7 billion. Celebrating its 100th anniversary in
2011, 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 73,000 employees and sells products to
customers in more than 150 countries. For more information, visit
www.eaton.com.
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