Stock price Eaton Corp (ETN) today

Eaton Corporation is an American engineering conglomerate, a manufacturer of electrical and hydraulic equipment, as well as auto components, components for the aviation industry. Founded in 1911 as a supplier of components for trucks, in 1937 opened its first company outside the United States. In 1970, the company expanded its product range by acquiring manufacturers of electrical equipment and electronics.In 1947, a joint venture was opened with British aircraft engines Rubery Owen and EN .V., Livia, an Italian auto parts dealer, was bought in 1961. As a result of the emphasis on industry diversification and reorientation to growing high-tech markets, 12 auto parts factories were closed. In 2008, Moeller was acquired for $ 2.23 billion, and Cooper Industries for $ 11.8 billion in 2012. The corporation has a market capitalization of $ 34.2 billion.