May 31, 2007: Eaton Acquires Medium-Voltage Drive Business
May 31, 2007
CLEVELAND - Eaton Corp. announced that it has acquired the technology and related assets associated with SMC Electrical Products Inc.’s industrial medium-voltage adjustable frequency drive business. Terms were not disclosed.
“This acquisition complements Eaton’s already strong position as a manufacturer of medium-voltage motor control products,” said Randy Carson, Eaton senior vice president and president – Electrical Group. “By incorporating this product into our power distribution and control assemblies portfolio, we will be able to provide our customers with a comprehensive solution to address their motor starting needs.”
Publication date: 05/28/2007