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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.
McGraw-Edison was acquired by Cooper Industries of Texas in 1985. At the time of the take-over, McGraw-Edison had 21,000 employees working in 118 facilities in the United States and other countries. [1] Cooper took over responsibility for the Calhoun County site clean-up, and as of 2004 the remedies were reported to be functioning well. [10]
In 1949 McGraw acquired the Line Material company of Milwaukee, which manufactured power line equipment. Line Material was based in Milwaukee and operated plants in several other cities. It had 1948 sales of $38,750,000 and net income of $3,108,000. [10] In 1952 McGraw Electric merged with the Pennsylvania Transformer Company. [11]
Cooper-Bessemer was a brand of industrial engines and compressors manufactured in Mount Vernon, Ohio. The Cooper-Bessemer Corporation was formed when the C. & G. Cooper Company (founded in 1833) and the Bessemer Gas Engine Company (founded in 1899) merged in 1929. In 1965, the company was renamed to Cooper Industries and relocated to Houston ...
Cooper shareholders received $39.15 in cash and 0.77479 of a share in the newly created company for each Cooper share held. This is worth $72 per share based on Eaton's closing share price of $42.40 on 18 May 2012, and is 29% above Cooper's closing stock price. [17] Eaton Corporation plc completed its acquisition of Cooper Industries on 30 Nov ...
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