||This article needs additional citations for verification. (February 2012)|
|Type||Subsidiary of Eaton Corporation Inc.|
|Founded||Mount Vernon, Ohio, USA (1833)|
|Headquarters||Maynooth Business Campus, Maynooth, The Ireland|
|Key people||Kirk S. Hachigian, CEO & Chairman|
|Revenue||US$5,409.4 million (2011)|
|Net income||US$827.6 million (2011)|
Cooper Industries is a global 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.
On November 26, 2012, it was announced that the company will be replaced in the S&P 500 index.
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. It was during this period that the Company developed the Cooper Traction Engine, an innovation that is credited for helping to power the shift of the United States from an agrarian to an industrial society.
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.
On November 30, 2012, Eaton announced its completion of acquisition of Cooper Industries.
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 Eaton chairman and chief executive officer Alexander M. Cutler.
Cooper Lighting 
Cooper Lighting's heritage of strong brand identity and reputation as a provider of high-quality incandescent, fluorescent, H.I.D. and LED luminaires and technology has produced effective lighting solutions in the finest residential, retail, commercial, hospitality, and institutional facilities worldwide. Headquartered in Peachtree City, Georgia, Cooper Lighting's brands including Halo, Metalux, Lumark, Sure-Lites, McGraw-Edison, Fail-Safe, IRiS, Neo-ray, Corelite, Shaper, Lumière, MWS, Invue, RSA, Portfolio, PDS, Ametrix, io and Streetworks. North America's leading manufacturer of specification-grade luminaires and the pioneer of track and recessed lighting, Cooper Lighting offers the most extensive breadth of products in the industry.
Cooper B-line 
Cooper B-Line is a leading manufacturer of quality support systems and enclosures for engineered facility subsystems. Cooper B-Line's products are used in a variety of settings for the commercial, industrial, utility and OEM markets. B-Line began as a bolted framing manufacturer and has since added several major product lines such as: cable tray, pipe hangers, spring steel fasteners, telecommunication support systems, electrical enclosures, meter-mounting equipment, gratings and electronic cabinets.
Headquartered in Highland, Illinois, Cooper B-Line has manufacturing facilities located throughout the United States with more than one million square feet of manufacturing space.
Cooper Bussmann 
Cooper Bussmann is committed to the development, manufacturing and marketing of innovative circuit protection products including a wide variety of North American and European-styled fuses for the electrical, electronics and transportation industries, plus inductors and transformers for power quality in electronic applications. Cooper Bussmann also offers engineering, training and testing services focused on downtime reduction, workplace safety and Code compliance.
Founded in 1914 and headquartered in St. Louis, Missouri, the company has set the standard for circuit protection in the global market. In its more than 90-year history, Cooper Bussmann has received more than 3000 utility and design patents, with more than 150 patents currently active.
Cooper Safety 
Cooper Safety is a leading provider of emergency and mass notification solutions that keep people and property safe in the event of fire and emergency. The company offers a broad suite of products, including emergency lighting systems for industrial and commercial buildings, notification solutions for mass notification, industrial signaling and fire life safety, fire systems for commercial buildings and intruder alarm systems for residential and commercial property.
With roots that date back over a hundred years, Cooper Safety is a forerunner in technology and innovation, providing solutions to prestigious projects around the World. The division has operations in 12 countries and holds a market-leading position in a number of areas relating to non-residential building safety.
Cooper Wiring Devices 
Cooper Wiring Devices manufactures electrical wiring device products for industrial, commercial and residential applications. The company offers an unmatched spectrum of innovative products through a solid portfolio of over 10,000 quality devices for use in all market sectors. With the broadest range of industrial, commercial and consumer grade products in the industry, Cooper Wiring Devices can fulfill the needs of any manufacturer for durable, reliable components.
Headquartered in Peachtree City, GA, Cooper Wiring Devices has a state-of-the-art product design and development center right in Peachtree City, sophisticated, high-volume manufacturing facilities located around the world, and several distribution centers in the United States, Canada and Mexico.
Cooper Power Systems 
Cooper Power Systems engineers and manufactures medium- and high-voltage electrical equipment, components, and systems that deliver reliable electric power to homes, industries, businesses, and institutions worldwide. It is also a leading provider of software, communications and integration solutions that enable customers to increase productivity, improve system reliability, reduce costs and will help utilities upgrade the aging electrical grid to become smarter and more efficient.
Headquartered in Waukesha, Wisconsin, Cooper Power Systems products, services, and solutions are used worldwide for public, commercial, and industrial power generation systems. As a global manufacturer, Cooper Power Systems provides a wide range of forward-looking solutions including Distribution Automation, Outage Management, Power Quality, Distribution System Reliability, Environmental, and Distributed Generation products and services.
Cooper Crouse-Hinds 
Cooper Crouse-Hinds is a diversified worldwide manufacturer of electrical and instrumentation products. The company offers a comprehensive product line meeting harsh and hazardous industrial applications with fittings, enclosures, apparatus and industrial motor controls, signals and alarms, industrial lighting and plugs and receptacles for abusive, hazardous and corrosive environments. In addition, Cooper Crouse-Hinds features a complete line of commercial products for commercial construction requirements.
Founded in 1897 and headquartered in Syracuse, NY, Cooper Crouse-Hinds has grown into a worldwide organization that manufactures or markets products on every continent. Through aggressive leadership in product innovation, engineering, manufacturing, distribution and technical support, Cooper Crouse-Hinds has set the standards by which other manufactures in the industry are measured.
Joint Ventures 
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.
Cooper Industries CEOs 
- 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 1923)
- 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-
See also