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What is 'Pawn Your Diamond'?

'Pawn Your Diamond' offers the community information about the Fortune 500 companies.

Why the name?
The aim behind our name is to give young entrepreneurs the incentive to start from scratch with the hope that this small money they got from pawning a diamond they had aside, grows and flourishes into a multi billion dollar corporation.

Too dreamy?
Simply NOT. Such famous corporations did not exist forever. Each and every foundation did start somewhere and usually had one or a few founding members. So grab the general concept and work hard!
 
   
  Fortune 500 - Spot Number 227

Company Information

Name: Eaton Corporation

Industry: Misc. Capital Goods

Description: Eaton Corporation is a global diversified industrial manufacturer with 2002 sales of $7.2 billion that is a leader in fluid power systems; electrical power quality, distribution and control; automotive engine air management and fuel economy; and intelligent systems for fuel economy and safety in truck.Eaton has 51,000 employees and sells products in more than 50 countries.

Financial Summary: For the nine months ended 30 September 2005, Eaton Corporation's revenues increased 15% to $8.28B. Net income increased 28% to $595M. Revenues reflect an increase in sales in the electrical segment and the truck segment. Net income also reflects improved operating margins. Eaton Corporation is a global manufacturer of highly engineered products that serve industrial, vehicle, construction, commercial, aerospace and semiconductor markets.

Business Summary: Eaton Corporation (Eaton) is a globally diversified industrial manufacturer engaged in the design, manufacture, marketing and servicing of fluid power systems for industrial, mobile, and aircraft equipment; electrical systems and components for power quality, distribution and control; automotive engine air management systems, powertrain solutions and specialty controls for performance, fuel economy and safety; and intelligent truck drivetrain systems for safety and fuel economy. The principal markets for Fluid Power, Automotive and Truck are original equipment manufacturers (OEMs) and after-market customers of off-highway agricultural and construction vehicles, industrial equipment, passenger cars, heavy-, medium-, and light-duty trucks, and customers involved with aerospace products and systems. The principal markets for Electrical are industrial, construction, commercial, automotive and government customers.


Misc Details

Symbol: ETN

City: Cleveland

State: OH

ZIP Code: 44114

Address: 1111 Superior Avenue

Phone: 216-523-5000

Fax: 216- 523-4787

Website: http://www.eaton.com


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