Eaton Corporation plc was awarded more than $26.6 million in investment tax credits from the U.S. Internal Revenue Service as part of the Qualifying Advanced Energy Project Tax Credit (48C)funded by the Inflation Reduction Act. The company was awarded the tax credits for its manufacturing investments totaling more than $200 million to support clean energy projects and workforce training in Nacogdoches and El Paso, Texas and Waukesha, Wisconsin. In October 2023, Eaton broke ground on a $100 million expansion of its Nacogdoches, Texas manufacturing facility.

Here, the company is adding 200,000-square-feet to its existing manufacturing facility, doubling production capacity of Eaton voltage regulators and creating more than 200 skilled manufacturing jobs. Eaton is also working with Angelina College to establish a new workforce training curriculum and Stephen F. Austin State University to offer apprenticeship programs. Eaton secures $9 million tax credit to expand manufacturing in El Paso, Texas: In El Paso, Eaton is investing $80 million to significantly expand its manufacturing footprint to increase production of its circuit breakers, switchboards, panelboards and other assemblies. The company is opening a new facility, creating more than 600 new skilled manufacturing jobs and increasing capacity at its existing manufacturing plant.

Eaton is also working closely with Western Technical College to prepare students for careers in the clean energy manufacturing industry. At the company's largest Wisconsin manufacturing facility in Waukesha, Eaton is investing $22 million in equipment to increase manufacturing capacity of three-phase transformers for utility, data center, large commercial and industrial applications. Eaton is working closely with Waukesha County Technical College (WCTC) on curriculum and has constructed a dedicated training center where students can gain direct experience producing critical grid modernization solutions.