Eaton Wins Contract to Supply Total Hydraulic System for Korea’s Nakdong River Restoration Project

EDEN PRAIRIE, Minn. … Diversified industrial manufacturer Eaton Corporation today announced it has been named the hydraulic system supplier for the restoration of a large barrage gate on South Korea’s Nakdong River. The contract to supply hydraulic power units, motors and gearboxes for critical gate operations has a total value of approximately $4.1 million (USD) by 2011.

The Nakdong River project is part of Korea’s four rivers restoration project that also includes upgrade of the Han, Geum, and Yeongsan Rivers by 2012. The effort will reinforce eroded riverbanks, repair wash-out areas and restore the ecosystem of the rivers.

““This important award of business further strengthens Eaton’s position as a foremost supplier for civil and infrastructure projects and highlights our commitment to protecting and improving our environment,” said DooWhan Kim, general manager—Eaton’s Hydraulics Group in Korea. “Although we have been actively involved in many state-of-the-art civil construction projects in Korea, the Nakdong River project marks our first hydraulic motor application on a large Korean water gate.”

Eaton will supply hydraulic power units and Dowmax^™ Series hydraulics motors and gearboxes to operate the 131-foot (40-meter)-wide barrage gate that controls water level. The hydraulic components are being built by Eaton facilities in the United States, Japan, and Mexico and will be delivered in 2010 and 2011.

Eaton’s Hydraulics Group in Seoul, Korea, has received the new business from Seoul’s GS Engineering & Construction Corporation, the prime contractor for the government-driven project, and Hanjin Heavy Industries and Construction, also of Seoul, which has been subcontracted by GS Engineering to provide the barrage gate.

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.

###