Eaton to Invest $242 Million to Expand US Manufacturing Footprint

MT Newswires Live
Yesterday

Eaton (ETN) plans to invest more than $242 million to expand its US manufacturing footprint with a new facility in North Little Rock, Arkansas, the company said Wednesday.

The investment, part of the company's long-term growth and capacity planning since last year, is expected to double the company's US manufacturing capacity of customized electrical enclosures, the company said.

The new Eaton facility is expected to employ more than 1,200 manufacturing, electrical and operations jobs, the company said.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10