August 16, 2010
Eaton Expands Wind Energy Business in China with $1.5 Million Customer Agreement
EDEN PRAIRIE, Minn. … Diversified industrial manufacturer Eaton Corporation (NYSE:ETN) announced today that it will provide key wind power technologies to Guodian United Power Technology Company Ltd. Guodian is among Eaton’s major wind energy customers in China, and the agreement will generate approximately USD $1.5 million in revenues annually for Eaton.
“This important new business with Guodian demonstrates Eaton’s capabilities as a major provider of wind power hydraulics and reinforces our position as the company that leading wind turbine manufacturers are turning to the most for hydraulics expertise,” said Howard Liu, general manager of Eaton’s Hydraulics Group in Greater China. “Eaton’s expansion in the wind power business is consistent with our commitment to renewable energy sources and the value we place on environmental sustainability.”
Eaton’s Hydraulics Group based in Shanghai will supply hydraulic power units equipped with Vickers® and Integrated Hydraulics™ screw-in cartridge valves for yaw and shaft braking functions on Guodian wind turbines produced in Hebei Province. Eaton will also supply Aeroquip® MatchMate Plus® hose and Winner fittings for braking system functions.
In addition to supplying quality products to the foremost wind energy companies in China, Eaton offers customers power unit design capabilities, local production expertise, technical and application engineering support and one-stop customer care championed by senior leadership.
Guodian United Power Technology Company was established in 2007 under China Guodian Corporation, the largest wind power operator in China. Guodian develops and manufactures large-scale wind turbines for inland, onshore and offshore applications and has manufacturing facilities in Baoding, Lianyungang, Chifeng, Baotou, and Yixing.
Eaton’s Hydraulics Group is a segment of the company’s Industrial Sector. The business is a worldwide leader in the design, manufacture and marketing of a comprehensive line of reliable, high-efficiency hydraulic systems and components for use in mobile and industrial applications. Mobile and industrial markets include agriculture, construction, mining, forestry, utility, material handling, earthmoving, truck and bus, machine tools, molding, primary metals, automotive, power generation, port machinery and entertainment. Eaton’s Hydraulics Group provides customer-driven solutions under product names such as Aeroquip®, Boston®, Char-Lynn®, Eaton®, Hydro-Line®, Synflex®, Vickers®, Walterscheid™, and Weatherhead®. For more information, visit www.eaton.com/hydraulics.
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. For more information, visit www.eaton.com.