Page 13 - Champion Get the Facts booklets
P. 13

1965  The company changes its name                                        9
1967  to Cooper Industries
1979
1985  In 1959 the company began its strategy of moving into new
      markets, beginning with the Rotor Tool Company, by the
      acquisition of market-leading businesses; but confirmed its
      primary commitment to manufacturing. Reflecting its diversity,
      the company name was changed to Cooper Industries.

      New headquarters is established in
      Houston, Texas

      A move into new headquarters in Houston, Texas in 1967 also
      saw the company's first real venture outside industrial engines
      and machine tools into hand tools where, it has developed its
      position through a series of complementary acquisitions of
      premium brand names over 20 years.

      Cooper doubles in size and
      diversifies into electrical products

      Cooper acquired the drilling equipment and machinery operations
      of Gardner-Denver in 1979 and, with the acquisition of Crouse-
      Hinds and Belden, doubled in size and carved itself a place in the
      electrical and electronic products market.

      1985 Cooper Industries merges
      with McGraw-Edison

      The corporation almost doubled its size again when it merged
      with McGraw-Edison, manufacturers of lighting fixtures, fuses
      and electrical power equipment and a direct descendant of the
      original Edison Light Company. In 1988 it acquired the RTE
      corporation.
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