Eaton allocates over $500 million

Eaton allocates over $500 million towards enhancing North American manufacturing to bolster electrification, facilitate the energy transition, and advance digitalization across various industries.

Eaton allocates over $500 million

The company is expanding its manufacturing capabilities and enhancing its resilience to ensure a robust supply of solutions to customers in North America, spanning utility, commercial, healthcare, industrial, and residential sectors. The majority of these investments are slated for completion by 2024 and 2025.

          Mike Yelton, President of the Americas Region for the Electrical Sector at Eaton, emphasized the company's commitment to the energy transition, stating, "Electrical infrastructure has to work harder and smarter to accelerate decarbonization and electrification. At Eaton, we're fully committed to the energy transition, and our solutions play a vital role in reimagining how power is distributed, and stored, and our solutions play a vital role in reimagining how power is distributed, stored, and consumed.

          Eaton is making significant investments in Texas and Wisconsin to enhance its U.S. manufacturing capabilities for critical utility solutions, advancing the fields of electrification, grid modernization, and energy resilience.

          In Nacogdoches, Texas, Eaton is embarking on a project to expand its manufacturing facility by an additional 200,000 square feet, effectively more than doubling its size.