Eaton execs ring Opening Bell at N.Y. Stock Exchange

When CEO Sandy Cutler and his management team at Eaton Corp. rang the Opening Bell at the New York Stock Exchange on Friday, Oct. 21, it dramatized the company's beginnings 100 years ago on this date. Inventor Viggo Torbensen and entrepreneur Joseph ...
Oct. 21, 2011
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When CEO Sandy Cutler and his management team at Eaton Corp. rang the Opening Bell at the New York Stock Exchange on Friday, Oct. 21, it dramatized the company's beginnings 100 years ago on this date. Inventor Viggo Torbensen and entrepreneur Joseph Eaton founded the company that would become Eaton Corp. Combining their ingenuity, Torbensen and Eaton developed an axle that enabled trucks to endure the rugged roads of the early 20th century, consume less fuel and demand less maintenance. Based in Cleveland since 1915, Eaton was first listed on the NYSE in 1923. The company has paid dividends on common shares every year since its initial listing. Details

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Jim Lucy has been wandering through the electrical market for more than 30 years, most of the time as an editor for Electrical Wholesaling, Electrical Marketing newsletter and CEE News. During that time he and the editorial team for the publications have won numerous national awards for their coverage of the electrical business. He showed an early interest in electricity, when as a youth he had an idea for a hot dog cooker. Unfortunately, the first crude prototype malfunctioned and the arc nearly blew him out of his parents' basement. Before becoming an editor for Electrical Wholesaling magazine and Electrical Marketing, he earned a BA degree in journalism and a MA in communications from Glassboro State College, Glassboro, NJ., which is formerly best known as the site of the 1967 summit meeting between President Lyndon Johnson and Russian Premier Aleksei Nikolayevich Kosygin, and now best known as the New Jersey state college that changed its name in 1992 to Rowan University because of a generous $100 million donation by N.J. zillionaire industrialist Henry Rowan. Jim is a Brooklyn-born Jersey Guy happily transplanted in the fertile plains of Kansas for the past 20 years.