Eaton has announced that it is expected to achieve its 2010 China sales target of $1 billion by the end of 2010. Mr. Ke Renjie, chairman and CEO of Eaton, described the blueprint for Eaton’s business development in China through a series of successful cases where Eaton used global expertise to support China’s infrastructure construction. Ke Renjie said: "Although since 2008, the global economy has been hit by the financial crisis, Eaton has maintained a good momentum of development in China, and it is expected that 2010 will achieve the sales target of US$1 billion announced three years ago. We believe that China The economy will continue to grow faster than the rest of the world, and Eaton will continue to expand its business in this key market through its own organic growth and mergers and acquisitions." Ke Renjie mentioned that Eaton achieved the following important business progress in the Chinese market in 2010: Eaton Vehicle Group will invest in a new engine valve production plant in Jining, Shandong. The plant will assemble engine valves for automakers in the Chinese market. At the same time, a new R&D center has also been established in Wuxi to better serve Chinese customers. Eaton Electric obtained a contract for electrical equipment for a thin-film-transistor liquid crystal display device (TFT-LCD) project of Beijing BOE Display Technology Co., Ltd. for more than 41 million yuan. Eaton will provide 20 million yuan worth of medium-voltage switchgear and 21 million yuan worth of equipment. This is one of several important contracts that the Eaton Electric Group recently signed with Chinese customers. Eaton Hydraulics continues to actively participate in the construction of China's infrastructure. In 2010, it has won more than 70 million yuan in cement mixer pump equipment orders. It also obtained a contract for providing 18 million yuan worth of fluid connectors for China's high-speed rail projects. Ke Renjie said: “The further improvement of Eaton’s manufacturing capabilities in China is a solid step towards realizing the company’s important growth targets in the region. We are actively committed to supporting fast-growing Chinese customers. At the same time, Eaton has been working for a long time. Improve local R&D capabilities and actively invest in our Chinese employees and community building.†As one of the examples of Eaton’s commitment to sustainable development, Eaton’s Asia Pacific headquarters building in Shanghai has recently received LEED “Gold†certification from the US Green Building Council. Eaton entered the Chinese market in 1993 and set up its first joint venture in Jining, Shandong. Since then, it has rapidly developed its business in China through mergers, acquisitions, joint ventures, and wholly-owned operations. Today, all of Eaton’s main businesses have been manufacturing products in China and play an active role in the Chinese market by providing creative industrial technologies and high-quality products. Eaton currently has 27 factories, 10,000 employees and 4 R&D and engineering centers in China. Eaton Corporation is a diversified power management company with sales of $11.9 billion in 2009. Eaton is a global leader in many industries, including power quality, transmission and distribution and control systems; hydraulic power components, systems and services required for industrial equipment and mobile construction machinery; and fuel for commercial and military aerospace applications. Hydraulic and pneumatic systems; and power and transmission systems that help trucks and cars improve performance, fuel economy and safety. Eaton has about 70,000 employees and its products are sold in more than 150 countries and regions. Zinc Die Cast,Aluminium Die Casting,Aluminum Corner Brackets,Die Casting Seger Industrial Co., Ltd. , http://www.qddiecastings.com