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template message cooper industries inc. type subsidiary of eaton corporation inc. fate 2015 acquired by eaton corporation founded mount vernon ohio united states 1833 headquarters chicago illinois united states key people kirk s. hachigian ceo & chairman products electrical equipment revenue us 5 409.4 million 2011 net income us 827.6 million 2011 number of employees 26 000 2011 website 1 cooper industries was an american worldwide electrical products manufacturer with 2011 revenues of 5.4 billion . founded in 1833 the company has 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 . with this broad range of products cooper is positioned for several long term growth trends including the global infrastructure build out the need to improve the reliability and productivity of the electric grid the demand for higher energy efficient products and the need for improved electrical safety . in 2011 fifty nine percent of total sales were to customers in the industrial and utility end markets and forty percent of total sales were to customers outside the united states . cooper has manufacturing facilities in 23 countries as of 2011 . 1 on november 26 2012 it was announced that the company will be replaced in the s & p 500 index . contents 1 history 2 divisions 2.1 eaton s cooper lighting business 2.2 eaton s b line business 2.3 eaton s bussmann business 2.4 eaton s cooper safety business 2.5 eaton s cooper wiring devices business 2.6 eaton s cooper power systems business 2.7 eaton s crouse hinds business 3 joint ventures 3.1 apex tool group 4 cooper industries ceos 5 see also 6 references 7 external links history edit cooper industries was founded in 1833 by brothers charles and elias cooper . the company started as a foundry located in mt. vernon ohio and was initially called the c & e cooper company . cooper s initial product offerings included plows hog troughs kettles and stoves . by the mid nineteenth century the company had shifted its focus to manufacturing steam engines in hopes of leveraging the country s growing trend towards rail transportation . as the use of steam power declined in the late 1800s cooper again shifted its focus this time to gas engine technology . by the time the 20th century arrived cooper industries had become the american leader in pipeline compression engines products that enabled the development of the growing oil and gas industry . this period was also highlighted by a merger with bessemer gas engine company which is still referenced to this day in cooper s stock symbol cbe . in the 1940s cooper played a role in the u.s. world war ii effort supplying engine components that powered almost all of the ships in the navy s minesweeper fleet as well as the famous liberty ships which carried 75 % of the cargo used by allied armed forces . after the war cooper again embarked on an effort to diversify itself in a changing world economy . as the company looked to increase its product portfolio cooper expanded its offering into electrical products electrical power equipment automotive products tools and hardware . cornerstone acquisitions during this period included crouse hinds 1981 and mcgraw edison 1985 . in the last decade of the 20th century cooper underwent a period of portfolio rationalization reducing its exposure to more cyclical industries such as automotive and petroleum . ultimately cooper emerged focused on the two business segments that remain in the portfolio today electrical products group and energy and safety solutions . 2 on may 23 2002 cooper industries inc had completed reincorporation in bermuda from ohio . in feb 2008 cooper industries announced its acquisition of mtl instruments group . 3 on november 30 2012 eaton announced its completion of acquisition of cooper industries . 4 the 13 billion acquisition of cooper the largest in eaton s 101 year history was intended to transform milestone that expands market segment reach broadens portfolio of products services and solutions and strengthens the global geographic footprint according to eaton chairman and chief executive officer alexander m. cutler . citation needed divisions edit cooper industries was acquired by eaton corporation in 2012 . 5 the divisions are undergoing name changes as a result . eaton s cooper lighting business edit eaton s cooper lighting business manufactures lighting fixtures and related products to worldwide commercial industrial residential and utility markets . this includes track and recessed lighting led fluorescent h.i.d. exit and emergency vandal resistant landscape and complex environment lighting . eaton s cooper lighting business manufactures lighting fixtures under several brands many of which were the result of acquisitions . these brands include corelite fail safe halo iris lumark mcgraw edison metalux neo ray portfolio rsa sure lites shaper streetworks eaton s b line business edit eaton s b line business formerly cooper b line is a global provider of support systems and enclosure solutions clarification needed for engineered facility subsystem applications clarification needed in various markets commercial industrial utility and oem . eaton s bussmann business edit eaton s bussmann business formerly cooper bussmann manufactures and markets a wide variety of north american and european styled fuses for the electrical electronics and transportation industries . the company also produces industrial and mobile wireless solutions plus inductors and transformers for power quality in electronics applications . 6 bussmann s main industrial manufacturing facilities are located in the united states black mountain and goldsboro nc chicago il ellisville mo boca raton fl in mexico juarez and mexico city in uk workington and burton on the wolds xi an china india pondicherry costa rica san jose brazil itu . 7 business units electrical serving infrastructure automation renewable energy and transportation high reliability electronics serving renewable energy automation and transportation high reliability computers communications and consumer transportation serving hybrid electric vehicles traction wireless serving transportation heavy duty off road and industrial consumer serving automotive aftermarket and hardware home center eaton s cooper safety business edit eaton s cooper safety business formerly cooper safety specializes in notification alarm and safety systems . this includes emergency lighting fire detection and alarm systems hazardous area communications life safety notifications mains lighting and security systems . cooper notification acquired wheelock inc. in 2006 . eaton s cooper wiring devices business edit eaton s cooper wiring devices business formerly cooper wiring devices works closely with eaton s cooper lighting business . the company has acquired well known brands like eagle electric arrow hart arrowlink rhinobox aspire aspire rf and mediasync . who the companies products include cable assemblies data connectors for military home and commercial lighting switches outlets receptacles subsea wiring and communications ports . eaton s cooper power systems business edit eaton s cooper power systems business formerly cooper power systems a subsidiary of cooper industries is a global manufacturer and provider of power delivery apparatus and solutions for the utility commercial and industrial markets in the medium voltage and high voltage ranges . the company provides a large portfolio of products and services required to transform protect connect and build out an electric power system backbone . smart apparatus voltage regulators capacitors reclosers switchgear smart sensors and controls integrated with enterprise level software and secure communications enable customers to increase productivity optimize asset efficiency improve system reliability and reduce costs . citation needed reliability and grid point solutions include integrated volt var control ivvc feeder and substation automation systems . endpoint solutions include advanced metering infrastructure ami and demand response dr . additionally the company provides engineering optimization and modeling tools . eaton s crouse hinds business edit eaton s crouse hinds business formerly cooper crouse hinds specializes in explosion proof and hazardous environments joint ventures edit apex tool group edit main article apex tool group apex tool group was formed in july 2010 as a joint venture of two manufacturers danaher tool group and cooper hand tools . the two businesses offer industrial commercial and do it yourself customers a selection of over 30 leading brands including crescent gearwrench armstrong and weller . 8 in october 2012 danaher corporation and cooper industries agreed to sell the apex tool group to bain capital for a fee of around 1.6 billion . 9 cooper industries ceos edit charles cooper 1833 1895 chairman from 1895 incorporation to his death in 1901 frank l. fairchild 1895 1912 charles gray c.g. cooper 1912 1919 chairman to 1922 desault b. kirk 1919 1920 beatty b. williams 1920 1940 and 1941 1943 chairman 1940 1956 charles b. jahnke 1940 1941 gordon lefebvre 1943 1955 lawrence f. williams 1955 1957 chairman 1956 1959 eugene l. miller 1957 1975 chairman 1971 1983 robert cizik 1975 1995 chairman 1983 1996 h. john riley jr. 1995 2005 chairman 1996 2006 kirk s. hachigian 2005 2012 see also edit mtl instruments group references edit cooper industries official website cooper industries official website cooper announces the acquisition of mtl instruments group plc . feb 2008 . retrieved jul 27 2013 . http www.eaton.com eaton ourcompany newsevents newsreleases pct 428107 eaton news release http www.eaton.com eaton ourcompany newsevents cooper eaton news events eaton s bussmann business official website bussmannasia.com apex tool group official website . reuters 10 october 2012 . deals of the day mergers and acquisitions . reuters . external links edit company homepage v t e eaton people alexander m. cutler subsidiaries axcelis technologies cooper industries cooper wheelock cutler hammer powerware republic motor truck company products eaton bladeups buildings eaton center erieview tower retrieved from https en.wikipedia.org w index.php title cooper industries & oldid 722927770 categories companies established in 1833companies formerly listed on the new york stock exchangemarine engine manufacturershidden categories articles needing additional references from february 2012all articles needing additional referencesarticles with a promotional tone from october 2013all articles with a promotional tonewikipedia articles with possible conflicts of interest from january 2015all articles with unsourced statementsarticles with unsourced statements from october 2013wikipedia articles needing clarification from october 2013all articles with 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