Global intelligent power management company Eaton (NYSE: ETN) has completed its acquisition of Minden-based Fibrebond, a leading designer and builder of pre-integrated modular power enclosures, for $1.4 billion. The strategic acquisition not only marks a milestone for Eaton but also signals a major economic development for Northwest Louisiana’s industrial sector.
Fibrebond, a company deeply rooted in the Minden community, is known for its innovative solutions in protecting mission-critical infrastructure for data centers, utilities, fiber, and industrial applications. Its 2025 projected revenues stand at approximately $378 million, with an estimated adjusted EBITDA of $110 million. The acquisition is expected to be neutral to Eaton’s 2025 earnings per share.
“Acquiring Fibrebond’s innovative and customer-focused business is a game-changing move that positions Eaton as a one-stop shop to rapidly deploy power infrastructure where it’s needed,” said Mike Yelton, President of Eaton’s Americas Region, Electrical Sector. “Their engineered-to-order power enclosures and service capabilities enhance our offerings, allowing us to move faster for our data center, industrial, utility and other customers.”
Economic Impact for Northwest Louisiana
For Minden and the broader Northwest Louisiana region, the acquisition is a significant vote of confidence in the area’s workforce and manufacturing potential. Fibrebond’s sprawling campus, which includes a 300,000-square-foot electrical integration facility, warehouse, and main manufacturing plant, will continue to play a pivotal role in the newly expanded Eaton operations. The transition is expected to retain and potentially expand high-quality manufacturing jobs, adding long-term value to the region’s economic profile.
Fibrebond has been instrumental in elevating the regional reputation for advanced manufacturing and engineering excellence. With Eaton’s global reach and resources, that impact is expected to grow.
Strategic Growth in the Data Center Market
As the demand for hyperscale and multi-tenant data centers surges globally, Eaton’s acquisition of Fibrebond strengthens its ability to serve this fast-growing market. Modular infrastructure solutions like those developed by Fibrebond allow for faster deployment and greater efficiency, aligning with global trends in digitalization and electrification.
“This move will allow Eaton to scale faster in critical markets, deliver more resilient solutions, and meet customer demand with increased agility,” Yelton added.
Looking Ahead
Founded in 1911, Eaton has evolved into a global leader with nearly $25 billion in 2024 revenues, serving customers in over 160 countries. With this acquisition, the company is doubling down on its strategy to support smarter, more sustainable infrastructure solutions.
For Fibrebond employees and the community of Minden, the deal represents a new chapter—one with access to broader markets and deeper investments, while retaining the values and innovation that made the company successful.
To learn more about Eaton and its growing infrastructure solutions, visit www.eaton.com.