Eaton Wins $27 Million Electrical Contract to Support Design & Construction of Third Set of Locks in Panama Canal Expansion ...
December 14 2011 - 8:44AM
Business Wire
Diversified industrial manufacturer Eaton Corporation (NYSE:ETN)
has been awarded a three-year, $27 million contract to provide the
equipment design, electrical assemblies and engineering services
for the distribution and control of electrical power across the
Atlantic and Pacific sites of the expanded Panama Canal. The work
will be conducted in conjunction with Grupo Unidos por el Canal, SA
(GUPC), the main contractor responsible for the Panama Canal
Expansion Program, which is scheduled for completion in 2014, the
year of the 100th anniversary of the Canal’s opening.
Executives from Eaton Corporation and
GUPC tour the Panama Canal Expansion Project site. Eaton
Corporation's power management products and services will help
enhance the Canal's electrical efficiency, safety and long-term
economic viability. (Photo: Business Wire)
The expansion will create a new lane of ship traffic through the
Canal by constructing a new set of locks and will double the
capacity of the Canal, allowing more and larger ships to navigate
through it.
By enhancing the Canal’s efficiency and safety, the expansion
project is aimed at ensuring the economic competitiveness of the
Panama Canal as it enters its second century of operation. The
project will enable the Canal to better accommodate vessel sizes
for the routes it serves and to handle more tonnage. The expanded
locks will provide for increased all-water routes, reducing
emissions from transportation by land and water.
The project will also help to protect and conserve the water
resources of the Panama Canal watershed. A new water-saving basin
system will improve water efficiency, utilizing 7 percent less
water than the existing locks. In addition, 60 percent of the water
will be recycled in each transit.
“The Panama Canal has always been a shining symbol of human
ingenuity and global commerce, and Eaton is honored to be selected
to help enhance its efficiency and viability for the future,” said
Rich Stinson, president, Power Distribution Operations, Eaton
Corporation. “With our industry-leading electrical power management
solutions and products, Eaton is well positioned to help ensure
that the Canal plays a key role in global commerce for years to
come.”
Eaton has a decades-long history as a provider of power
distribution products and solutions to the Panama Canal. The latest
contract, aimed at enhancing the reliability and electrical safety
for the facility’s massive electrical distribution system, is the
culmination of three years of planning, technical reviews and
collaboration.
Eaton Corporation will provide an array of power management
solutions and products, including Arc Resistant Medium Voltage
Switchgear, Pad Mounted Transformers, FlashGard® Motor Control
Centers, Clean Power Variable Frequency Drives and on-site
equipment start-up supervision, commissioning, testing and training
services.
Details of the expansion project that the GUPC is designing and
constructing include the following integrated components:
- Construction of the third set of locks,
which includes one lock complex on the Atlantic side and another
lock complex on the Pacific side, each with three chambers and
water-saving basins;
- Excavation of a new Pacific access
channel to link the new locks with the existing navigational
channels;
- Deepening and widening of the Canal’s
Atlantic and Pacific entrances and of the Gatun Lake and Culebra
Cut navigation channels; and,
- Elevation of Gatun Lake’s maximum
operating level.
Eaton’s contract was awarded by the GUPC, the contractor
responsible for the design and construction of the third set of
locks of the Canal expansion program under contract to the Panama
Canal Authority. GUPC is a consortium led by Spain's Sacyr
Vallehermoso, Italy's Impregilo, the Belgian Jan de Nul Group, and
Panama's Constructora Urbana SA.
Eaton’s electrical business is a global leader in power
distribution, power quality, control and automation, and monitoring
products and services. Eaton’s global electrical product series,
including Cutler-Hammer®, Moeller®, Powerware®, Holec®, MEM®, and
Santak® provide customer-driven solutions to serve the power system
needs of the data center, industrial, institutional, public sector,
utility, commercial, residential, IT, mission critical, alternative
energy and OEM markets worldwide.
Eaton Corporation is a diversified power management company with
2010 sales of $13.7 billion. Celebrating its 100th anniversary in
2011, Eaton is a global technology leader in electrical components
and systems for power quality, distribution and control; hydraulics
components, systems and services for industrial and mobile
equipment; aerospace fuel, hydraulics and pneumatic systems for
commercial and military use; and truck and automotive drivetrain
and powertrain systems for performance, fuel economy and safety.
Eaton has approximately 73,000 employees and sells products to
customers in more than 150 countries. For more information, visit
www.eaton.com.
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