Address: |
600 Travis, Suite 5800
Houston, TX 77002 |
| Phone: |
(713) 209-8400 |
| Fax: |
(713) 209-8981 |
| Sector: |
Capital Goods |
| Industry: |
Constr. - Supplies
& Fixtures |
| Employees: |
28,100 |
| Officers: |
H.J. Riley Jr., Chmn./Pres./CEO
D.B. McWilliams, Sr. VP-Fin./CFO
D.K. Schumacher, Sr. VP/Counsel/Secy.
T.A. Klebe, VP/Contr./CAO
A.J. Hill, VP/Treas. |
|
 |
Business Summary
Cooper Industries, Inc. is a worldwide
diversified manufacturer with two business segments: Electrical Products, and Tools and
Hardware. For the six months ended 6/30/99, revenues increased 2% to $1.88 billion. Net
income from continuing operations increased 17% to $163.6 million. Revenues reflect
acquisition activity and improved sales from the Electrical Products segment. Earnings
also benefitted from a lower interest expense due to lower debt levels. |
