Eaton boosts North American operations with USD500M investment
Eaton, a global leader in intelligent power management, is amplifying its commitment to the energy transition by investing more than USD500 million in its North American manufacturing and operations. This move aims to address the surging demand for its electrical solutions, catering to diverse sectors including utility, commercial, healthcare, industrial, and residential markets. The bulk of these investments is slated for completion between 2024 and 2025.
Mike Yelton, president of the Americas Region, Electrical Sector, at Eaton, emphasised the company’s dedication to the energy shift. “Electrical infrastructure is undergoing a transformation to support decarbonisation and electrification. Our solutions are pivotal in reshaping how power is distributed, stored, and utilised,” Yelton said. He further highlighted Eaton’s ongoing investments in the Americas, hinting at more developments in the pipeline.
A significant portion of the investment is directed towards Texas and Wisconsin, enhancing U.S. manufacturing of essential utility solutions. In Texas, Eaton is expanding its Nacogdoches facility by an additional 200,000 square feet, effectively doubling its size. This expansion will not only boost the production capacity of Eaton’s voltage regulators but also generate more than 200 specialised manufacturing jobs. Moreover, Eaton remains committed to producing essential transformers in Texas, to address the current supply shortage.
Meanwhile, in Wisconsin, Eaton is channeling resources to amplify the manufacturing of three-phase transformers, catering to utility, data centers, and large commercial sectors. The company also continues its production of regulators, including intricate pole and substation voltage regulators.
Eaton’s South Carolina facility is set to ramp up the production of busway products, including an industry-first EV charging busway. This innovative technology streamlines fleet charging infrastructure, eliminating the need for extensive modifications.
Furthermore, Eaton is enhancing its manufacturing of circuit breakers and metering solutions for homes and commercial establishments across the Americas. The company is also reinforcing its power distribution equipment production to support various industry infrastructure projects.
To bolster its distribution capabilities, Eaton has inaugurated a vast regional distribution center in the city of Chicago in Illinois and is expanding its Dallas, Texas facility. These centers will cater to a diverse clientele, including data centers, healthcare institutions, and industrial entities.
Eaton, founded in 1911, celebrates a century on the New York Stock Exchange this year. With reported revenues of USD20.8 billion in 2022, the company serves a global clientele spanning more than 170 countries.
