The decision by Cooper Industries
to relocate another of its division headquarters to Peachtree City early
next year may surprise people who thought the company's Cooper Lighting
operation here was all there is to Cooper Industries.
In fact, the lighting division
that relocated its headquarters to Peachtree City in 1997 is just one
division in a multi-layered corporation specializing in electrical products,
tools and hardware.
The company, now based in Houston,
Texas, was founded in 1833 as a small iron foundry in Mount Vernon, Ohio,
was primarily a one-market company, manufacturing power and compression
equipment for the transmission of natural gas.
In the 1960s, Cooper began
to diversify, eventually broadening its product lines to include petroleum
and industrial equipment, electrical products, electrical power equipment,
automotive products, tools and hardware.
In the 1990s, Cooper began
to focus on becoming a larger player in selected markets, selling and
spinning off a number of businesses to focus on its two most profitable
business segments: electrical products, and tools and hardware.
Today, Cooper manufactures
thousands of products through its seven electrical products divisions,
which generate over 80 percent of annual revenues, and two tool divisions,
which produce power tool and hand tool lines.
Cooper has annual revenues
of approximately $4 billion, employs over 28,000 people and operates more
than 100 manufacturing facilities around the world.
Its various divisions:
- Cooper B-Line, Highland,
Ill.: Manufactures support systems and enclosures used in the installation
and retrofitting of electrical, mechanical and telecommunications applications.
Highland, Ill.
- Cooper Bussmann, St.
Louis: Provides circuit protection and power management products designed
to protect electrical and electronic systems.
- Cooper Crouse-Hinds,
Syracuse, N.Y.: Makes electrical products designed to protect electrical
systems in demanding commercial and industrial environments.
- Cooper Lighting, Peachtree
City: Manufactures lighting fixtures and related products for indoor and
outdoor use.
- Cooper Menvier, United
Kingdom: Manufactures emergency and mains lighting, fixtures and lamps,
fire detection systems, building security systems, and electrical installation
materials.
- Cooper Power Systems,
Waukesah, WI: Offers equipment, components and systems for the distribution
and management of electrical power.
- Cooper Wiring Devices,
Long Island City, NY (moving to Peachtree City): Makes residential, commercial
and industrial wiring devices, switches, plugs and receptacles to deliver
and control electrical power.
- Cooper Tools, Lexington,
S.C.: Manufactures an extensive line of electric and pneumatic industrial
power tools, automated assembly systems and premium hand tools.
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