Coopers Industries

Essay specific features

 

Issue:

Business

 

Written by:

Alison V

 

Date added:

July 14, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 695

 

Was viewed:

7377 times

 

Rating of current essay:

 
Essay content:

A leading producer of Corliss steam engines in the 19th century, they switched in the early 20th century to making compressors, and became Cooper-Bessemer Corporation in a 1929 merger, before continuing diversification led to the Cooper Industries name being adopted in 1965. In 1967 the company entered the hand tool business by acquiring Lufkin Rule, a maker of measuring instruments, and subsequently added a large number of other hand tool businesses...
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In the 1970s they entered aircraft maintenance, but subsequently sold off Cooper Airmotive. In 1979 they bought Gardner-Denver Company, their largest acquisition up to that point, extending their range of products serving the energy industry, which had been a key market since they started making compressors and a catalyst for their move of corporate headquarters to Houston in 1967...
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