Document p2rZeJwqMbZqwOxGBbEaJ7OED

Capitalizing on Growth in Asian Markets circuit breakers in China. This is the first of several China joint ventures planned for elec trical distribution and industrial control products. By 1999, Eaton expects to have five wholly-owned or joint ventures manufacturing and marketing Cutler-Hammer electrical components and assemblies in China. The company is introducing western technology Eaton engine valves (left, large) are sold to more than 70 global engine builders. European automakers use the company's direct-acting hydraulic lifters (lower left along and product features to serve the high end of the market while improving the quality of the current Chinese-designed products. In 1994, Eaton formed Jining Eaton Hydraulics Company Ltd. valve stem) in overhead-cam engines. The lifters com (JEHYCO), a joint venture manufacturing hydraulic components, pensate for valve lash automatically, saving time in engine assembly and rectifying variations in component size as engine temperatures rise. For Honda's U.S.-built 3.0-liter VTEC engine, Eaton manufactures lost-motion such as hydrostatic steering units and orbit motors. Eaton is also currently negotiating a joint venture for appliance timers, which will be marketed to Chinese and multinational washing machine manufacturers such as Whirlpool and Bosch-Siemens. Opportuni ties are also being explored for manufacturing and marketing spring devices (left inset) as a key component enabling engine valves. variable valve timing that improves horsepower and fuel onomy. Tough and durable transmission gears (right South Korea--continuing growth South Korea had estimated GOP growth exceeding 7 percent in 1996, continuing a strong trend that has led the nation to its position as a powerful global competitor. South Korea represents the third largest semiconductor market worldwide, with 1996 sales of $12 bil lion. In 1997, Eaton will begin manufacturing semiconductor production equipment in a 45,000-square-foot facility in Kyunggi-do, 60 miles south of Seoul. Production from the plant is exclusively for the South Korean market, and deliveries will begin in the first half of 1997. Customers include three of the world's top semiconductor manu facturers: Hyundai, LG Semicon and Samsung. Eaton's Korean semiconduc tor equipment business is expected to reach $100 million inset) make Eaton-Fuller truck transmissions the world's best. The Ffl Series heavy-duty 10-speed transmission (right), introduced in 1996, is lighter, more durable and provides easier shifting. The viscous in sales by the year 2000. fan drive (above engine valve) and fan (upper right) are Eaton compo Worldwide sales of Eaton semi conductor equipment now ap proach $650 million, including those of the company's two U.S. manufacturing facilities and nents designed to cool automotive engines. The 5-speed light-duty transmission (upper left), a product acquired with Eaton's 1996 pur chase of CAPC0, a Brazilian manufacturer, is an integral component in GM's Brazilian version of the S-10 pickup, which has been named "Pickup Truck of the Year" for the last two years in Brazil. 10 II T