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Technology Stocks : Eaton (ETN) is definitely not overvalued!
ETN 383.12-1.2%Oct 30 3:59 PM EDT

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From: JakeStraw12/16/2010 8:14:39 AM
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Eaton Agrees to Acquire Tuthill Coupling Group, Strengthening Fluid Conveyance Business
finance.yahoo.com

Press Release Source: Eaton Corporation On Thursday December 16, 2010, 7:49 am
CLEVELAND--(BUSINESS WIRE)-- Diversified industrial manufacturer Eaton Corporation (NYSE:ETN) today announced it has agreed to acquire the Tuthill Coupling Group, a division of Tuthill Corporation. Terms of the deal were not disclosed.

The Tuthill Coupling Group manufactures pneumatic and hydraulic quick coupling solutions and leak free connectors used in industrial, construction, mining, defense, energy and power applications. The division had sales of approximately $35 million for the 12 months ending November 30, 2010, and employs approximately 220 people in locations in Berea, Ohio and Annemasse, France.
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