www.chinabuses.org: On 11th August 2011, Eaton Corporation announces it’s the strategic development plan in China in the future five years and aims at the sales revenue of 2 billion USD in China market by 2015, which are twice times than the sales revenue in 2010.

Mr. Alexander M. Cutler, chairman and CEO of Eaton Corporation showed on the media introduction that “China market is crucial for the development of Easton and we would like to refer to the various projects of infrastructure in China as a power management corporation and expect further prosperity of our business in electric power, hydraulic pressure, motor vehicles, and astronavigation.”


With the continuously increasing business, Eaton Corporation purchased a new building in Shanghai, where located headquarter of Asian and Pacific Region. Mr. Cutler hosted the launching ceremony of the new building, which covers the area of about 6000 square meters, available for more than 200 employees.


Since 1993, Eaton Corporation has set up the first joint venture in Jining, Shandong and fast developed its business in China through acquisition, joint venture and sole proprietorship. By far, the corporation has 10,000 staffs, 4 research & development centers and 27 plants, including 18 main manufacturing bases.

 

Source : www.chinabuses.org

Editor : Andrea

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Tags: Eaton Corporation electric power hydraulic pressure motor vehicles