The first South Korean oil company Eaton Electric will buy
Diversified industrial manufacturer Eaton Corp recently announced that, the company agreed to acquire first oil company a majority stake.
Headquartered in South Korea's first Oil Company Limited is one of the engineering equipment market to provide track drive motor, rotary motor, a main control valve and control valve and other products of the manufacturers.
Eaton Corp hydraulic group president WiliamR.VanArsdale said:" the first oil company acquisition, Eaton will be in Asia construction equipment market to provide a comprehensive portfolio of hydraulic parts. Through the effective integration of the first oil company customer relationship and Eaton manufacturing capabilities and supplier networks, will enhance the existing Eaton business level, and promote business development in the future of asia."
Eaton Corp is a more than100 years of history of the plurality of power management company, is committed to providing efficient solutions, to help customers more effective management of electrical, hydraulic and mechanical power. Company sales in 2011amounted to 16000000000 dollar.
Eaton Corp in many industrial fields is a global technology leader, including power quality, distribution and control and protective switching systems and services for industrial and mobile equipment; engineering machinery required for hydraulics components, systems and services; commercial and military aerospace fuel, hydraulic and pneumatic system; and helping the truck and automotive lifting performance, fuel economy and safety of power and transmission system.
The electrical switch factory news reprint ( www.jiandq.com )