Eaton announced plans to spin off its Vehicle and eMobility businesses into an independent, publicly traded company, allowing it to focus on higher-growth, higher-margin electrical and aerospace operations as part of its 2030 growth strategy.
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BNP Paribas named Eaton its top 2026 pick, citing accelerating data center demand.
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Eaton Corporation has completed a $100 million expansion of its Nacogdoches, Texas, facility, doubling U.S. production capacity for voltage regulators and three-phase transformers.
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