You entered 'Search'. Please enter another search term.
… Diversified industrial manufacturer Eaton Corporation (NYSE:ETN) today announced it has acquired EMC Engineers, Inc. Terms of the deal were not disclosed.
Headquartered in Denver, Colorado, EMC Engineers, Inc. is an energy engineering and energy services company that delivers energy efficiency solutions for a wide range of governmental, educational, commercial and industrial facilities. The firm is a leader in retrofitting and modernizing mechanical, electrical, and control systems, as well as energy modeling and analysis, facility commissioning, and energy savings performance contracting. EMC Engineers, Inc. had 2009 sales of $24 million and employs approximately 155 people.
“Energy management and service is an important part of Eaton’s growth portfolio,” said Thomas S. Gross, vice chairman and chief operating officer – Eaton’s Electrical Sector. “EMC’s capabilities enhance our value added service business by expanding our early stage service offerings. This will ultimately better position Eaton to meet our customers’ growing energy management needs.”
Eaton Corporation is a diversified power management company with 2009 sales of $11.9 billion. Eaton is a global technology leader in electrical components and systems for power quality, distribution and control; hydraulics components, systems and services for industrial and mobile equipment; aerospace fuel, hydraulics and pneumatic systems for commercial and military use; and truck and automotive drivetrain and powertrain systems for performance, fuel economy and safety. Eaton has approximately 70,000 employees and sells products to customers in more than 150 countries.