Eaton Corporation

Cleveland, OH United States

  (NYSE: ETN)

Company Description

When it comes to diversification, Eaton favors an all-you-can-eat approach. The manufacturer's expansive product lines include electrical power distribution and control equipment, hydraulic products for use in mobile and industrial applications, aerospace propulsion systems, and truck safety systems. It is also one of the world's largest manufacturers of grips for golf clubs. The selling of electrical power management products (circuit breakers, motor starters, metering systems, power management software, etc.) is its leading line of business, accounting for about 45% of sales. Geographically, Eaton makes about half of its sales within the US, but it sells its products to customers in more than 150 countries.