Eaton to Restructure Truck Components Business.

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Eaton to Restructure Truck Components Business.

Business Editors

CLEVELAND--(BUSINESS WIRE)--Jan. 11, 2001

Eaton Corporation (NYSE:ETN) today announced that it expects to take a $55 million charge during 2001 to restructure its worldwide Truck Components business.

The company expects to recognize about a $40 million charge in the first quarter of 2001, with the...

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