Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  Eaton Corporation PLC    ETN   IE00B8KQN827

EATON CORPORATION PLC

(ETN)
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsAnalyst Recommendations

Eaton : Opens Additive Manufacturing Center of Excellence in Southfield, Mich.

share with twitter share with LinkedIn share with facebook
share via e-mail
0
07/15/2016 | 02:29pm EDT
Adds Cutting-Edge Technologies in 3D-Printing for Metal, Non-Metal Applications

CLEVELAND … Power management company Eaton today announced the opening of an Additive Manufacturing Center of Excellence (AM CoE) at its Southfield, Mich., Innovation Center. The AM CoE will usher in a new era in the company's manufacturing capabilities by adding cutting-edge manufacturing technologies in 3D-printing for both metal and non-metal applications.

Eaton's investment in the AM CoE will enable the company to meet increasing demand for complex high performance components, tools and fixtures, while improving speed to market and advancing sustainable manufacturing efforts.

'Additive manufacturing opens up opportunities to combine novel materials, designs and process innovations at a much faster pace than utilizing traditional manufacturing technologies,' said Ramanath Ramakrishnan, executive vice president and chief technology officer, Eaton. 'It enables the engineer with quick and cost-effective design iterations and may well change the paradigm from a 'design for manufacture' to 'manufacture to design'.'

Eaton engineers globally will train at the AM CoE, and eventually contribute to further developing additive manufacturing techniques and facilitating the technology's rapid adoption in real world products. The initial investment included dedicating 3,700 square-feet within Eaton's Southfield Innovation Center, staff and machines for direct metal laser sintering (DMLS), and a range of 3D-printing technologies for polymers, supporting computing and machine shop.

Eaton is a power management company with 2015 sales of $20.9 billion. Eaton provides energy-efficient solutions that help our customers effectively manage electrical, hydraulic and mechanical power more efficiently, safely and sustainably. Eaton has approximately 96,000 employees and sells products to customers in more than 175 countries. For more information, visit www.eaton.com.

Contact
Scott R. Schroeder, +1 440-523-5150

Eaton Corporation plc published this content on 15 July 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 15 July 2016 18:29:04 UTC.

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on EATON CORPORATION PLC
09/20Global Stocks Rise at the End of a Bumpy Week
DJ
09/16WALL STREET STOCK EXCHANGE : U.S. crude export demand surges after attack on Sau..
RE
08/29EATON : to Participate in the Morgan Stanley 7th Annual Laguna Conference Septem..
BU
08/23China tariffs on U.S. oil to pressure exports, Gulf Coast prices - traders
RE
08/22Boeing spacecraft astronauts see new frontier for commercial space
RE
08/20EXCLUSIVE : Lotus Midstream mulls reversing West Texas to Cushing pipeline - sou..
RE
08/19EATON : Correction to Eaton GHG-Reduction Article
DJ
08/19EATON : Achieves More Than Half of 2025 GHG-Reduction Target
DJ
08/19EATON :  Eaton Releases 13th Annual Sustainability Report Highlighting Its Envir..
BU
08/15Earnings Outlook for S&P 500 Companies Looks Bleak -- 2nd Update
DJ
More news
Financials (USD)
Sales 2019 22 084 M
EBIT 2019 3 146 M
Net income 2019 2 448 M
Debt 2019 6 790 M
Yield 2019 3,41%
P/E ratio 2019 14,4x
P/E ratio 2020 13,4x
EV / Sales2019 1,90x
EV / Sales2020 1,83x
Capitalization 35 099 M
Chart EATON CORPORATION PLC
Duration : Period :
Eaton Corporation PLC Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends EATON CORPORATION PLC
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 26
Average target price 89,74  $
Last Close Price 83,57  $
Spread / Highest target 23,2%
Spread / Average Target 7,38%
Spread / Lowest Target -9,06%
EPS Revisions
Managers
NameTitle
Craig Arnold Chairman & Chief Executive Officer
Richard H. Fearon Vice Chairman, Chief Financial & Planning Officer
William W. Blausey Chief Information Officer & Senior Vice President
Ramanath Ramakrishnan Chief Technology Officer & Executive VP
Gerald Bernard Smith Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
EATON CORPORATION PLC21.72%35 099
KEYENCE CORPORATION24.04%74 497
SCHNEIDER ELECTRIC SE34.83%48 417
NIDEC CORPORATION27.83%41 389
EMERSON ELECTRIC8.70%39 951
KYOCERA CORP28.09%22 846