U.S. Eaton will acquire South Korea's first hydraulic company

Diversified industrial manufacturer Eaton Corporation today announced that the company agreed to acquire the shares of most of the first hydraulic Limited.

Headquartered in Korea Hydraulic Co., Ltd. is an engineering equipment market track drive motor, the swing drive motor, control valves and remote control valve manufacturer of the product.

WilliamR.VanArsdale, president of Eaton Hydraulics Group, said: "The acquisition of the first hydraulic company, will Eaton construction equipment market in Asia to provide a comprehensive range of hydraulic components product portfolio. Through effective integration of the first hydraulic customer relationships and Eaton's manufacturing capabilities and supplier networks will enhance Eaton's present level of operations, and promote the future development of the Asian business. "

Eaton Corporation is a diversified power management company for over 100 years, is committed to provide energy efficient solutions to help customers more effectively manage power, hydraulic and mechanical power. The company's sales reached $ 16 billion in 2011.

Eaton is a global technology leader in many industries, including power quality, distribution and control systems and services; machinery required for industrial and mobile equipment hydraulics components, systems and services; commercial and military aerospace fuel, hydraulic and pneumatic systems; and truck and automotive drivetrain and powertrain systems for improve performance, fuel economy and safety.