History and Acquisitions
– Founded in 1833 by Charles and Elias Cooper as the C&E Cooper Company
– Started as a foundry in Mt. Vernon, Ohio, producing plows, hog troughs, kettles, and stoves
– Shifted focus to gas engine technology in the late 1800s
– Acquired Crouse-Hinds in 1981
– Acquired McGraw-Edison in 1985
– Acquired MTL Instruments Group in February 2008
– Acquired by Eaton Corporation in November 2012
– Lighting business sold to Signify N.V. in March 2020
Divisions
– Bussmann Business: Manufactures fuses for electrical, electronics, and transportation industries
– Cooper Safety Business: Specializes in notification, alarm, and safety systems
– Cooper Wiring Devices Business: Works closely with Cooper Lighting Business, offers cable assemblies and switches
– Cooper Power Systems Business: Provides power delivery apparatus for utility, commercial, and industrial markets
– Crouse-Hinds Business: Specializes in explosion-proof and hazardous environments
Joint Ventures
– Apex Tool Group: Joint venture between Danaher Tool Group and Cooper Hand Tools division
– Offers a selection of over 30 leading brands, including Crescent and GearWrench
– Sold to Bain Capital in October 2012 for $1.6 billion
Revenue and Employees
– Revenue of US$5,409.4 million in 2011
– Net income of US$827.6 million in 2011
– 59% of total sales in 2011 were to customers in the industrial and utility end-markets
– 40% of total sales in 2011 were to customers outside the United States
– Employed 26,000 people in 2011
External Links
– Company homepage: Eaton
– People: Alexander M. Cutler
– Directors: Christopher Connor, Michael J. Critelli, Gregory R. Page Source: https://en.wikipedia.org/wiki/Cooper_Industries
Cooper Industries was an American worldwide electrical products manufacturer headquartered in Houston, Texas. Founded in 1833, the company had seven operating divisions including Bussmann electrical and electronic fuses; Crouse-Hinds and CEAG explosion-proof electrical equipment; Halo and Metalux lighting fixtures; and Kyle and McGraw-Edison power systems products.
 | |
| Type | Subsidiary |
|---|---|
| Industry | Electrical Products Manufacturing |
| Founded | Mount Vernon, Ohio, United States (1833) |
| Founder | Charles Cooper Elias Cooper |
| Fate | Acquired by Eaton Corporation in 2012 |
| Successor | Eaton Corporation Signify N.V. |
| Headquarters | Houston, Texas, United States |
Key people | Kirk S. Hachigian, CEO & Chairman |
| Products | Electrical equipment |
| Revenue |  US$5,409.4 million (2011) |
| US$827.6 million (2011) | |
Number of employees | 26,000 (2011) |
| Website | cooperlighting |
In 2011, 59% of total sales were to customers in the industrial and utility end-markets and 40% of total sales were to customers outside the United States. Cooper has manufacturing facilities in 23 countries as of 2011.
On November 26, 2012, it was announced that the company will be replaced in the S&P 500 index, since its takeover by Eaton Corporation.
