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The company name changed once again in 1965 to Eaton Yale & Towne Inc. after the acquisition of Yale & Towne Manufacturing Co. in 1963. Stockholders approved the change to the company's current name in 1971. In 1978, Eaton Corporation acquired Samuel Moore & Company, Kenway Systems, and Cutler-Hammer. [5] [6] [citation needed]
2006 - Basler acquired the Cutler-Hammer Excitation Control Product Line; 2009 - Basler opened facility in Singapore; 2012 - Basler acquires a full-service injection molding company - Basler Plastics, LLC. 2017 - Basler acquires E 2 Power Systems, LLC and expands it service capabilities to include turnkey engineering.
His grandfather, William E. Fitzgerald (1859–1901), was a famous shipbuilder, and his maternal grandfather Frank R. Bacon (1872–1949) co-founded Cutler-Hammer. [ 2 ] References
1995: Cutler-Hammer, which had bought the Linden plant form Westinghouse, decides to close the plant. The plant manager, John Cifrodella, forms Federal Pacific Equipment, buys the plant and remaining stock, and continues to manufacture and sell circuit-breakers.
Alexander 'Sandy' Cutler is the former chairman and chief executive officer of Eaton Corporation, retiring on May 31, 2016, after a 41-year career with the company. Prior to his appointment as chairman and CEO, Cutler served as Eaton's president and chief operating officer.
From January 2008 to December 2012, if you bought shares in companies when Bertrand P. Collomb joined the board, and sold them when he left, you would have a 1.9 percent return on your investment, compared to a -2.8 percent return from the S&P 500.
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