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May 05, 2015 2:02 PM ET

Electrical Equipment

Company Overview of Eaton Electrical, Inc.

Company Overview

Eaton Electrical, Inc. engages in the design, manufacture, marketing, and servicing of electrical and electronic components, assemblies, and systems. It provides electrical control, power distribution, and industrial automation products and services. The company’s products include uninterruptible power systems, DC power systems, management software, electrical apparatus and equipment, relays and industrial controls, fluid power pumps and motors, switchgear and switchboard apparatus, and current carrying wiring devices. Its power distribution equipment is used in residences, apartment and office buildings, commercial sites, universities, hospitals, and factories. Eaton Electrical, Inc. was fo...

1000 Cherrington Parkway

Moon Township, PA 15108

United States

Founded in 1893

Phone:

412-893-3300

Fax:

412-893-2129

Key Executives for Eaton Electrical, Inc.

Chief Executive Officer, President and Member of Advisory Board
Age: 63
Chairman of Eaton Corporation and Chief Executive Officer of Eaton Corporation
Age: 62
President of Automotive Group
President of Electrical Americas Region
Age: 63
President of Electrical Asia Pacific Region
Compensation as of Fiscal Year 2014.

Eaton Electrical, Inc. Key Developments

Eaton Recalls Electrical Meter Breakers Due to Shock Hazard

Eaton recalled Electrical Meter Breakers due to shock hazard (recall alert). The meter breaker’s electrical components can be easily accessed, posing a shock hazard to consumers. Recall units: about 1,100. This recall involves MBED 3042 series residential meter breaker. The meter breakers are service entrance equipment systems that consist of a single meter socket and load center or a meter socket and main breaker combined in one enclosure. The meter breakers have gray metallic enclosures and measure about 14 ¼ inches wide by 42 ½ inches high by 7 inches deep. The recalled units have catalog numbers MBED3042B200BF, MBED3042B200BF6, MBED3042B225PV or MBED3042PV200BF. The catalog number is located on the unit’s packaging. The enclosures have a single warning label on the bottom of the lower right compartment door, which is secured with a latch and hasp at the bottom. Consumers should not open the meter breaker’s enclosure. Only qualified electrical contractors should repair the product, and consumers should not open the meter breaker’s enclosure. Electrical contractors should immediately contact their meter breaker distributor to determine if any of their units are included in this recall. Contractors will receive a free remedy kit, including shipping. Consumers should contact Eaton or the electrical contractor that installed the recalled meter breaker for the free installation of the repair kit. Sold at: authorized distributors in California and Nevada from July 2014 through August 2014 from about $200. Manufacturer: Eaton Corporation.

Eaton Electrical, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

Eaton Electrical, Inc. reported earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company's net sales were $1,628 million against $1,624 million a year ago. Operating profit was $194 million against $227 million a year ago. For the six months, the company's net sales were $3,152 million against $3,145 million a year ago. Operating profit was $363 million against $437 million a year ago.

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