Eaton Experiences Dramatic Growth

In the past two years, Eaton has grown from an $800-million company to a $1.6-billion company with acquisitions. To manage the dramatic growth, Eaton has restructured from five business divisions to four: hydraulic systems, fuel systems, conveyance systems, and electrical sensing and controls. "Through the growth and changes, we have continued to focus on the customer," said Eric Alden, Eaton's director of strategic growth. "We are combining OEM and aftermarket support and have created a new organization called customer solutions and services," Alden said. Eaton will continue to consolidate supply bases and look for ways to reduce costs. The company's primary objective will continue to be to maintain their supplier status with OEMs like Airbus, EADS, Boeing, Rolls Royce, Pratt & Whitney and others. "Forecasters are now predicting that the world's commercial and military aerospace business will grow by as much as 30 percent in the next five years. The challenges of the near future will be greater efficiency and eco-friendly systems," said Alden.