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Investors - SEPTEMBER 14, 2023

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Eaton invests $150m to increase manufacturing of electrical infrastructure

by Released

Intelligent power management company Eaton has invested an additional $150 million to increase the supply of its electrical power distribution solutions for customers across North America.

As part the investment, Eaton is committing $80 million to significantly expand its manufacturing footprint in El Paso, Texas, creating more than 600 new manufacturing jobs, opening a new facility and increasing capacity at its existing manufacturing plant.

These are in addition to the company’s recently announced $500 million in investments to support electrification, energy transition and digitalization across industries.

“Eaton solutions are at the heart of electrical systems everywhere and are vital to accelerate complex infrastructure projects for buildings, healthcare facilities, data centers, industrial facilities and utilities,” said Mike Yelton, president, Americas region, electrical sector at Eaton. “The latest investment in regional manufacturing reflects ou

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