Eaton invests $150m to increase manufacturing of electrical infrastructure
Investors - SEPTEMBER 14, 2023

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 our commitment to respond rapidly to unprecedented customer demand and the tremendous abilities of our longtime employees and channel partners.”

Eaton said the new regional expansion will allow the company to increase production of its circuit breakers, switchboards, panelboards and other assemblies that enable power distribution for critical infrastructure across industries. In addition to El Paso investments, the company will expand capacity at its existing facilities in Beaver, Penn.; Juarez, Mexico; Arecibo, Puerto Rico; and Haina, Dominican Republic.

Founded in 1911, Eaton is marking its 100th anniversary of being listed on the New York Stock Exchange.

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