Eaton Corporation to close Manufacturing Technologies Center

Tue Feb 3, 1998 -

CLEVELAND, OHIO ... Eaton Corporation today said it will close its Manufacturing Technologies Center (MTC), located in Willoughby Hills, Ohio. Seventy-one employees, primarily manufacturing engineers and technicians, will be affected by the move. Eaton said it expects phase-out of the facility to be completed by November 1, 1998.

MTC provides centralized support to Eaton's worldwide manufacturing operations in areas that include process development and consulting, automation, manufacturing systems engineering, advanced manufacturing programs and environment and facilities engineering. Eight environmental engineers and four facilities engineers currently housed at MTC will be relocated to Eaton's corporate headquarters.

In explaining the decision to close the facility, Eaton President Alexander M. Cutler said that when MTC was formed, Eaton's sales were less than a billion dollars and it was cost-effective to have the manufacturing needs of all divisions served from a central source.

"That is no longer the case," Cutler said. "Today, four of our five major business groups have sales exceeding a billion dollars, and our operations are considerably more diverse in their manufacturing processes. Manufacturing technology services need to be an integral part of each product group's strategic plans, and tied directly to its growth goals."

An outplacement service center will be set up at MTC to assist all employees affected by today's announcement. Company officials will meet individually with employees to discuss benefits and severance packages and possible relocation to other Eaton operations.

Eaton Corporation is a global manufacturer of highly engineered products that serve industrial, vehicle, construction, commercial and semiconductor markets. Principal products include electrical power distribution and control equipment, truck drivetrain systems, engine components, hydraulic products, ion implanters and a wide variety of controls. Headquartered in Cleveland, the company has 49,000 employees and 145 manufacturing sites in 28 countries around the world. Sales for 1997 were $7.6 billion.




Contact Information

Renald Romain


William Hartman, vice president, Investor Relations