Are hydraulic components on the downturn?

Due to a global hydraulics decline Eaton have made a decision to close one of its branches.APT Eaton Hydraulics downturn?

With Eaton being one of the worlds major hydraulics manufacturer and suppliers,they will be moving the bulk of the work from Aurora to North America and Europe, the supply of components will continue as normal.

Do we interpret this to be a cost saving technique for Eaton or is the hydraulics future looking to be reduced?

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