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Eaton makis both fan* and via mis fan drift's at it\ i>Utnf in .WarUorf. tivnminv. fort nsfoincrs ni 20 nwtHi uI4** i*n fiiotifie. South Atnmn n and Southeast Amo v i.... OJ Renute Dinnmel <> mi tdved in final assembly of i i.H ims funs anil fan shnmds at Eaton \ plum tn Murkdotf, Cerwanr. aheiv entfdovcvs lonnnnnil off in 10 Ittnyuayes. T WORLDWIDE OPPORTUNITIES Eaton has 63 manufacturing plants outside the United States, including 26 in Europe and 21 in Latin America. Within the next few years, the number of facilities is expected to grow steadily as Eaton moves into developing markets, where global market leadership makes Eaton the partner of choice. In 1994. a task force identified 10 countries with exceptional growth prospects as prime markets for Eaton products. Most are in the Far East and Latin America. In many of these developing markets, automakers and appliance manufacturers are vying to be the supplier of choice. As a component supplier to most of the world's passenger car and truck manufacturers and to every major U.S. and European appliance maker. Eaton is well-positioned to participate as growth opportunities develop. Cutler-Hammer is growing its elec trical equipment business globally through wholly-owned subsidiaries in Canada, the United Kingdom. Venezuela. Mexico. Costa Rica. Brazil and Australia, and through export sales. Cutler-Hammer's broad product lines, including molded-case circuit breakers and vacuum breakers, meet all international electrical I h\` U'lun fot \c-inn" it/' flu lit o awrnt hl\ Inn' U */ S Si i n s hi in tmwani\ at si \it:tint'. I 11 nil i . iii, tmU'\ Inoii lit!, to in < lutiili f milliml /.(/ \lmnniin t^mn nl (<i hunt tinn / >i/f(( <>i< standards. These products, along with photoelectric and proximity sensors. Freedom Series motor starters and contactors, and PanelMate video control panels, provide a substantial platform from which to grow the business interna tionally. (Cutler-Hammer is dis cussed more fully under "Growth through Acquisitions." on pages 16 through 19.) Groundwork For Growth In China, Eaton has had a licens ing agreement for its 9-speed Roadranger transmissions since 1986. In 1993. Eaton formed Jining Eaton Hydraulics Company, a joint venture in China manufacturing hydraulic components, such as hydrostatic steering units and orbit motors. Eaton's chairman and other senior officers visited China last fall to lay the groundwork for other business ventures. Perhaps the most successful of Eaton's international joint venture" is Sumitomo Eaton Nova (SEN), which manufactures ion implantcrs ill Japan for worldwide markets. Eaton and SEN engineers work closely on the development of new products. The most recent result ol