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Eaton Opens Regional Office in Mexico City for Latin America and Caribbean Operations

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[November 08, 2007]  CLEVELAND -- Diversified industrial manufacturer Eaton Corp. (NYSE:ETN) announced Tuesday that it has opened a regional office in Mexico City to support the company's Latin American and Caribbean operations. Alfonso Acevedo, vice president for Eaton's Latin America and Caribbean region and Mexico country manager, leads the company's operations in the region.

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"Having a regional team in place to work with Eaton's operating groups ensures quicker response to market opportunities in this growing region," said James E. Sweetnam, Eaton senior vice president and Truck Group president. Sweetnam is responsible for Eaton's Latin American and Caribbean regional business.

The regional office will primarily house business support functions, including human resources, finance, supply chain management, environment, health and safety, information technology, communications, and marketing.

"We are fortunate to have someone with Alfonso's background in this role," Sweetnam said. "I'm confident his regional knowledge and diverse Eaton experience will help drive our success in this important geographic area."

Acevedo joined Eaton in 1979. He most recently served as vice president for supply chain and operational excellence for Eaton's Electrical Group. Prior to that, he was vice president for automotive fluid connectors operations in the Fluid Power Group. He also served in business development and general management roles in Eaton's Automotive Group and Truck Group.

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He holds a bachelor's degree in business administration from La Salle University in Mexico City.

Eaton Corp. is a diversified industrial manufacturer with 2006 sales of $12.4 billion. Eaton is a global leader in electrical systems and components for power quality, distribution and control; fluid power systems and services for industrial, mobile and aircraft equipment; intelligent truck drivetrain systems for safety and fuel economy; and automotive engine air management systems, powertrain solutions and specialty controls for performance, fuel economy and safety. Eaton has 63,000 employees and sells products to customers in more than 140 countries.

[Text from news release from Eaton Corp.]

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