Eaton opens new Vehicle Technical Center in Shanghai
Date: 05 Apr 2014
Power
management company Eaton has announced the opening of its Vehicle Group Asia
Pacific Technical Center in Shanghai. The new technical center will drive the
development and product localisation strategy of energy-efficient vehicle power
management solutions for the Chinese and regional markets, according to a press
statement.
In
China, Eaton now has six R&D and engineering centers, including a global
corporate research and technology center in Shanghai. Eaton also has made
extensive efforts to cooperate with Chinese universities, research institutes
and academia to drive progress in research and development and the cultivation
of local talent.
Eaton
Chairman and Chief Executive Officer Alexander M. Cutler presided over the
opening of the new technical center. The occasion also marks the issuing of Eaton’s
China Sustainability Report for 2013.
“The opening of the new technical center
enables Eaton to better serve the high-growth Asia Pacific markets by bringing
the innovative and energy-saving solutions closer to our customers,” Cutler
said. “Today also underscores our long-term commitment to China, which has been
a major growth market for Eaton and continues to be of great strategic
importance.”
With a $3.3million investment, the new
technical center occupies 1,200square meters with seven major labs. This
facility will further strengthen the local testing and development resources of
Eaton’s Vehicle Group, and significantly upgrade its ability to work with the
customers in the development of new engine platforms and efficient solutions in
support of the largest passenger and commercial vehicle market in the world.
“We are well positioned to participate in
China’s massive urbanisation and will continue to expand our engineering and
manufacturing presence in this important market,” Cutler said. “Protecting and
improving the environment through innovation are among Eaton’s highest
priorities. We are confident that we can help our customers here address the
great energy challenges as China promotes a new model of sustainable urbanisation,”
he added.
Underscoring
Eaton’s sustainability commitment, the company also officially issued its China
Sustainability Report for 2013. It is Eaton’s sixth annual sustainability
report in China since 2008, detailing major progress achieved in areas such as
environment, health and safety performance, employee engagement and community
enrichment. By sharing Eaton’s customer initiatives in supporting China’s
sustainable urbanization, the report also showcases the latest energy-efficient
innovations in areas such as buildings, transportation, data centers and
lighting.
During 2013, Eaton invested $644 million in
research and development to continue to launch power management solutions that
decrease energy consumption, reduce carbon emissions and help its customers
increase their productivity and profitability. For example, Eaton is helping
the world’s leading auto makers answer the challenge of growing fuel-economy
and CO2 emissions regulations. Today, Eaton owns more than 10,000 patents
throughout the world, and was granted 1,200 patents during 2012. Eaton was
named one of the Top 100 Global Innovators by Thomson Reuters for its
outstanding innovation capability.
Eaton
began its operations in China in 1993 by launching its first manufacturing
facility in Jining of Shandong Province. Since then it has significantly
expanded its presence to include 28 manufacturing facilities and more than
18,000 employees. Eaton has set a sales target of $2 billion in China for 2015.
Eaton is a power management company with 2013
sales of $22.0 billion. Eaton provides energy-efficient solutions that help our
customers effectively manage electrical, hydraulic and mechanical power more
efficiently, safely and sustainably. Eaton has approximately 102,000 employees
and sells products to customers in more than 175 countries.