Eaton Corp. said Monday it will buy Ireland-based Cooper Industries, a maker of electrical-distribution equipment, in a deal valued at more than $11 billion.
May 21, 2012Business, Equipment
Delphi to Buy FCI Group Unit
Truck and auto component maker Delphi Automotive has entered into exclusive talks to acquire a unit of FCI Group from Bain Capital for about 764 million euros ($958 million), Bloomberg reported.
June 4, 2012Business, Equipment
Eaton to Buy Ireland-Based Cooper Industries in $11.8 Billion Deal
Business, Equipment
Commercial Vehicle Group Reports Higher 1Q Income
Commercial Vehicle Group’s first-quarter profit improved, the truck and auto components maker said.
May 9, 2012Business, Equipment
Meritor’s 2Q Profit Improves
Meritor Inc.’s fiscal second-quarter profit rose 18% on stronger performance in its truck segment.
May 8, 2012Business, Equipment
Visteon Posts 1Q Loss on Restructuring Costs
Visteon Corp. reported a first-quarter loss on Wednesday, citing restructuring charges.
May 2, 2012Business, Equipment
Accuride’s Loss Declines; Sales Rise
Component maker Accuride Corp.’s first-quarter loss narrowed as sales rose, the company said.
April 25, 2012Business, Equipment
Delphi’s First-Quarter Earnings Rise
Vehicle components maker Delphi Automotive PLC said Tuesday its first-quarter profit jumped 18% on higher sales.
April 24, 2012Special Coverage, Business, Equipment
Cummins, Eaton Unveil Heavy-Duty Powertrain
Engine maker Cummins Inc. and component manufacturer Eaton Corp. unveiled a new powertrain package for the North American heavy-duty truck market that they said will boost fuel economy by 3% to 6%.
March 14, 2012Business, Equipment
Accuride Posts 4Q Profit, Annual Loss
Improving North American trucks sales led parts maker Accuride Corp. to post a fourth-quarter profit but a net loss for the year, the Evansville, Ind., company said.
March 1, 2012Business, Equipment
Commercial Vehicle Group’s Income Jumps
Commercial Vehicle Group’s fourth-quarter and full-year income jumped on increases in the North American Class 8 heavy-duty truck and global construction markets.
February 23, 2012