Eaton consolidates auto, truck divisions
KALAMAZOO, Mich. — Eaton Corp. is in the process of combining its auto and truck groups into one unit.
The new operating unit will be known as the vehicle group and will be led by Joseph Palchak, current president of its automotive group.
The new group will continue to be part of the company’s industrial sector, along with Eaton’s aerospace and hydraulics businesses.
"As our truck and automotive operations continue to expand into global markets, it’s critical that we leverage the natural synergies that exist between the two businesses," Craig Arnold, chief operating officer of Eaton’s industrial unit, said in a statement.
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