CLEVELAND (AP) -- Diversified industrial manufacturer Eaton Corp. said Thursday it bought U.K.-based Integ Holdings Ltd., which owns Integrated Hydraulics Ltd., for an undisclosed sum.
Integrated Hydraulics makes screw-in cartridge valves, custom-engineered hydraulic valves and manifold systems. The company has about 290 employees.
Eaton shares fell $2.28, or 4.2 percent, to $52.30 in morning trading. The stock earlier hit a new year low of $52.15. It has ranged from $52.32 to $101.82 over the past 52 weeks.