Eaton completes purchase of fine filtration business

 

Tue Sep 5, 2006

CLEVELAND ... Diversified industrial manufacturer Eaton Corporation (NYSE:ETN) today announced it has completed its purchase of the Ronningen-Petter industrial fine filtration business from Dover Resources, Inc. Terms were not disclosed. Dover Resources is a subsidiary of Dover Corporation (NYSE:DOV).

Dover Resources' Ronningen-Petter fine filtration business had 2005 sales of approximately $30 million. It provides filters and components to customers in end markets that include the oil and gas, pulp and paper, and food and beverage industries. Eaton announced Aug. 9 that it had reached a definitive agreement with Dover Resources to purchase its industrial fine filtration business.

Eaton Corporation is a diversified industrial manufacturer with 2005 sales of $11.1 billion. Eaton is a global leader in electrical systems and components for power quality, distribution and control; fluid power systems and services for industrial, mobile and aircraft equipment; intelligent truck drivetrain systems for safety and fuel economy; and automotive engine air management systems, powertrain solutions and specialty controls for performance, fuel economy and safety. Eaton has 60,000 employees and sells products to customers in more than 125 countries.

 

Contact Information

Kelly Jasko, manager, External Communications
(216) 523-5304
KellyMJasko@eaton.com