Manufacturing Industry
Delphi buys Eaton unit, eyes more growth.(Brief Article)
Plastics News, March, 2001 by Miel, Rhoda
For Delphi Automotive Systems Corp., 120 new injection presses at a new facility in Ohio may not be enough to satisfy growing demand for automotive electronics. Delphi is continuing its drive into electronics with its purchase of the vehicle switch and electronics division of Eaton Corp. Meanwhile, Delphi is exploring options to expand its own facilities.
The Troy, Mich.-based auto parts supplier announced March 12 it had purchased Eaton's switch electronics unit for $300 million, giving it access to $320 million worth of business and Eaton's mechanical/electronic switches used throughout vehicles. Those switches are the plastic-encased link to a market that is rapidly on the rise, and a key to electronics integration throughout vehicles, said Ann...
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