Eaton Invests More Than $500 Million in North American Manufacturing to Support Electrification, Energy Transition and Digitalization Across Industries
28 Agosto 2023 - 12:45PM
Business Wire
- Eaton continues to increase capacity for essential
technologies supporting infrastructure projects including
transformers
- Investments in Texas and Wisconsin help meet surging utility
demand for solutions supporting electrification, grid modernization
and energy resilience
Intelligent power management company Eaton (NYSE:ETN) has
announced significant investments in its North American
manufacturing and operations to support rapidly growing demand for
its electrical solutions. The company is expanding manufacturing
and bolstering resilience to increase the supply of its solutions
for customers in utility, commercial, healthcare, industrial and
residential markets across North America. The majority of these
investments will be complete in 2024 and 2025.
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Eaton invests more than $500 million in
its North American manufacturing to meet rapidly increasing demand
for the company’s electrical solutions across utility, commercial,
data center, healthcare, industrial and residential markets.
(Photo: Business Wire)
“Electrical infrastructure has to work harder and smarter to
accelerate decarbonization and electrification. At Eaton, we’re all
in on the energy transition, and our solutions are essential to
reinvent the way power is distributed, stored and consumed,” said
Mike Yelton, president, Americas Region, Electrical Sector at
Eaton. “We’re making steady investments for our customers,
distributors and employees to meet growing demand in the Americas,
and there will be more to come.”
Investments in Texas and Wisconsin increase U.S.
manufacturing of essential utility solutions advancing
electrification, grid modernization and energy resilience
Eaton is adding 200,000-square-feet to its Nacogdoches, Texas
manufacturing facility, more than doubling its size. The project
will double production capacity of Eaton’s voltage regulators to
help utility customers across North America accelerate grid
modernization and resilience projects. Eaton will continue to
produce single-phase, pole-mount and pad-mount transformers in
Texas to address the acute supply shortage for these products. The
expansion will create more than 200 skilled manufacturing jobs.
The Texas expansion frees up capacity at the company’s largest
Wisconsin manufacturing facility in Waukesha, where Eaton is
investing in equipment to increase manufacturing of three-phase
transformers for utility, data center, large commercial and
industrial applications. Eaton will continue to produce regulators,
including complex pole and substation voltage regulators, for
utility customers in Wisconsin.
South Carolina facility expands manufacturing for busway
products and industry-first EV charging technology
Eaton is increasing production of busway to meet rapidly growing
demand for this power distribution technology used in commercial,
industrial and fleet charging applications. This expansion includes
Eaton’s EV charging busway, an industry-first innovation that
dramatically simplifies and expedites infrastructure for fleet
charging, while avoiding major infrastructure modifications. For
more than 60 years, Eaton has manufactured hundreds of thousands of
miles of busway in South Carolina and continues to expand
manufacturing capacity regionally.
Increased production across the Americas region supports
circuit protection and metering for homes, businesses
Eaton is increasing the manufacturing of its circuit breakers
and metering for homes and commercial buildings. These investments
include expanding capacity and diversifying production across
various locations in the Americas region to increase the supply of
its solutions for customers, enhance supply chain efficiency and
boost manufacturing resilience.
Manufacturing growth strengthens power backbone for
commercial, industrial and utility infrastructure projects
Eaton is adding capacity to increase supplies of essential power
distribution equipment to support infrastructure projects across
industries. The company’s most recent investments enhance its
manufacturing facilities for switchgear and switchboards, which
provide the power backbone for customers across the Americas.
Expanded distribution centers support data center, healthcare
and industrial customers
Eaton is investing in the distribution capacity for its power
quality products and connectivity solutions. The company recently
opened its largest regional distribution center in Chicago and is
expanding its distribution facility in Dallas to serve commercial,
data center, industrial, healthcare and communications
customers.
Eaton is an intelligent power management company dedicated to
improving the quality of life and protecting the environment for
people everywhere. We are guided by our commitment to do business
right, to operate sustainably and to help our customers manage
power ─ today and well into the future. By capitalizing on the
global growth trends of electrification and digitalization, we’re
accelerating the planet’s transition to renewable energy, helping
to solve the world’s most urgent power management challenges, and
doing what’s best for our stakeholders and all of society.
Founded in 1911, Eaton is marking its 100th anniversary of being
listed on the New York Stock Exchange. We reported revenues of
$20.8 billion in 2022 and serve customers in more than 170
countries. For more information, visit Eaton.com. Follow us on
LinkedIn.
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version on businesswire.com: https://www.businesswire.com/news/home/20230825834891/en/
Hilary Spittle +1.216.712.2005 Hilaryspittle@eaton.com
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