Eaton Corporation PLC (NYSE:ETN) News and Share Price

Eaton Corporation plc is an Ireland-based power management company that provides innovative energy solutions.

It is engaged in developing various power management and energy-efficient services for electrical power, hydraulic power, mechanical power, etc.

The diversified energy management firm operates and manages the business activities through six reportable segments.

Electrical Products Segment

The unit provides electrical equipment and industrial instruments like wiring devices and support systems used in construction. In addition, the company offers household products such as:
• lighting products
• emergency lights
• fire detection devices
• circuit protection
• single-phase power quality

Electrical Systems and Services Segment

The section caters to power distribution and related equipment, including:
• three-phase power quality
• electrical equipment for precarious operations explosion-proof equipment
• distribution of utility power
• instrumentation for power safety

Hydraulics Segment

The firm focuses on hydraulic products and provides power management services for industrial and mobile instruments through this segment.

Aerospace Segment

The diversified power management company deals with the production of fuel, hydraulics and develops technologies for airplanes. It caters to clients in commercial, defense and military.

Vehicle Segment

The firm focuses on designing, developing, producing, and selling drivetrain and powertrain systems and related vehicle applications. In addition, it also aims to improve fuel economy by reducing carbon emissions through innovative technology.

It also claims to provide safety and performance stability equipment for cars, light trucks, and commercial transports.

eMobility Segment

The segment designs, develops, produces, and distributes electrical and electronic products and power management services to enhance the performance of the vehicles, the company says.

Founded in 1911, the power management firm’s corporate headquarters is in Dublin, Ireland. However, its operational headquarters are located in Ohio, the United States.

The company claims to provide power management solutions in 175 countries across the globe.

The Irish company claims to be among Forbes Global 2000 and Best Employers for Diversity for 2021.