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Ready for an upturn, not ready to spend
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CLEVELAND -- Alexander M. Cutler worked his way up through three
recessions. Unlike many chief executives, he has learned to thrive in
downturns, and has made his reputation that way at the Eaton Corp.,
the giant manufacturer based here. This downturn, however, has been
different.
"The recession we've been through," Cutler said, "was as steep as
anything we've seen since 1981 and 1982," which stands as the worst
since World War II. "Everybody keeps comparing what just happened to
the ...
Related newspaper, magazine, and journal articles from HighBeam Research
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Eaton finding profits despite hard times for auto industry
Deseret News (Salt Lake City)
; CLEVELAND -- With the auto industry and its suppliers falling on hard times, Eaton Corp. is banking on diversification tied more to electrical devices and pumps than car and truck parts. Products such as circuit breakers and the backup power switches that keep high-speed Internet businesses online
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Eaton's acquisition spurt in line with growth strategy.(News)
Crain's Cleveland Business
; Byline: DAVID BENNETT A flurry of acquisitions this year and particularly this summer by Eaton Corp. should be no big surprise to those who follow the diversified manufacturer, and certainly should be no cause for concern, according to chairman, president and CEO Alexander Sandy'' Cutler. Mr.
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2003 PILLAR AWARD FOR COMMUNITY SERVICE: Sandy Cutler, UNITED GIVING
Smart Business Cleveland
; Sandy Cutler has a lot of nerve. Cutler, this year's chairman of United Way's citywide fund-raising campaign, made a bold move by setting this year's goal higher than last year's. "The health and human services needs of our community have continued to grow during the past several years," says
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New CEO moving fast at Eaton.(Alexander Cutler)(Brief Article)
Crain's Cleveland Business
; ... allow the company to focus on its drivetrain, engine and specialized sensors business. (Robert Sherefkin is a reporter at Automotive News, a sister publication of Crain's Cleveland Business.) @@Volume: 21 Publication number: 38 @@Word Count: 378 words
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Eaton sells switch unit, reassigns auto chief.(Brief Article)
Automotive News
; ... company's Truck Components and Fluid Power divisions - generated original equipment sales last year of $4.2 billion. Automotive News ranks Eaton as the world's 21st-largest OE supplier. The sale of the switch business will allow the company to focus on its drivetrain ...
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Eaton keeping eye on market for acquisitions; Manufacturer continues to focus on boosting electrical, fluid power segments.(News)(Eaton Corp.)
Crain's Cleveland Business
; Byline: SHAWN A. TURNER With $800 million in total cash flow this year, Eaton Corp. is ready to go shopping - again. The diversified manufacturer already has closed two acquisitions this year and is on pace to match the seven purchases made in 2005. Eaton chairman, president and CEO Alexander
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Eaton Corp.: Total Makeover
Smart Business Cleveland
; When Alexander Cutler took the helm of Eaton Corp. in 2000, he saw a company in transition. The company, while successful and respected in its industries, was still mired in a lot of mature, slow growth vehicle-related manufacturing markets, limiting its returns. Compared to its peers, Eaton was
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Eaton Corp. - Chmn. & CEO Interview
CNBC/Dow Jones Business Video
; Tyler Mathisen CNBC/Dow Jones Business Video 07-18-2005 TYLER MATHISEN, CNBC ANCHOR: Well, investors hoping that earnings announcements will also provide rosy guidance. Got what they were looking for with Eaton Corporation today. The company released its second-quarter results, upped its `05
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Eaton Boosting Capacity To Meet Strong Demand
Transport Topics
; Diversified manufacturer Eaton Corp. said Jan. 24 that last year's strong demand for Class 8 trucks should continue into 2006, and it was increasing capacity at existing plants that make its products and technologies. The company also noted that the Chinese heavy-duty market eventually could rival
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Eaton to lay off 1,100, close plant.(Brief Article)(Statistical Data Included)
Rubber & Plastics News
; CLEVELAND-Eaton Corp. will lay off 1,100 employees and shut down at least one facility in 2002, moves that reflect the diversified manufacturer's weakening end markets because of a down economy. Chief Executive Alexander Cutler announced the layoffs along with the closing of Eaton's Glenrothes,
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