5/31/2023 0 Comments Schneider electric fontIn 1923, Eaton bought the Torbensen Axle Co. Standard Parts went in receivership later the same year and was later liquidated. A year later, in 1920, Eaton Axle Company merged with Standard Parts. But Eaton and Torbensen were not content and bowed out of Republic to form the Eaton Axle Company in 1919. A year later, Republic Motor Truck Company, Torbensen's largest customer bought out the company. The Torbensen Axle Company incorporated in Ohio in 1916, succeeding the New Jersey corporation. In 1914, the company moved to Cleveland, Ohio, to be closer to its core business, the automotive industry. With financial backing from Torbensen's mother, the company was set to manufacture Torbensen's patented internal-gear truck axle. ![]() Torbensen, incorporated the Torbensen Gear and Axle Co. Eaton has more than 86,000 employees and sells products to customers in more than 175 countries. ![]() Eaton Corporation plc is an American -Irish multinational power management company with 2021 sales of $19.63 billion, founded in the United States with global headquarters in Dublin, Ireland, and a secondary administrative center in Beachwood, Ohio.
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