Cooper Industries, Ltd. 2006 Annual Report

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COOPER B-LINE – Access Cabinets, B-Line, Cent-R-Rail, Dura-Cooper, Dura-Green, E2 & Design, Enviroshield, Kwik Wire, RCM+, Redi-Rail, Ruff-In Willsher &
Quick, COOPER BUSSMANN – B&S, Buss, Bussmann, Coiltronics, Cubefuse, Edison, Eletromec, ELF, easyID, Fusetron, Karp, Limitron, Low-Peak, Magnum,
Mercury, Optima, Polysurg, PowerStor, TransX, COOPER CROUSE-HINDS – Arktite, Cam-Lok, CEAG, Champ, Condulet, Crouse-Hinds, Domex, Ex-Cell, eXLink, G&H,
MEDC, Mini-Line, Myers, NexT, Nortem, Posi-Break, Posi-Lok, PowerPlus, Spec 1 Fire, WPI COOPER HAND TOOLS – Atila, Campbell, Collins, Crescent, Diamond,
Erem, H.K. Porter, Kahnetics, Lufkin, Metromex, Nicholson, Plumb, Weller, Wire-Wrap, Wiss, Xcelite, COOPER LIGHTING – Ametrix, AtLite, Corelite, DLS, Edison,
Emerald, Fail-Safe, Halo, Invue, Iris, Lumark, Lumiere, McGraw-Edison, Metalux, MWS, Neo-Ray, Portfolio, Regent, RSA, Shaper, Streetworks, Sure-Lites, COOPER
MENVIER – Capri, CEAG, Cooper Fire, Crompton, Fulleon, JSB, Luminox, MEDC, Menvier, Nugelec, Pretronica, Regalsafe, SAFEPATH, Scantronic, Univel, Wheelock,
COOPER POWER SYSTEMS – Aries, Cannon Technologies, Combined Technologies, Cybectec, Cooper Power Systems, Edison, ELF, EMSA, Envirotemp, EnviroTran,
EnviroVR, FR3, Kearney, Kyle, NOVA, MagneX, McGraw-Edison, NX, NX Companion, Storm Trapper, UltraSIL, VariStar, VariGap, X Limiter, COOPER POWER TOOLS
– Airetool, Apex, Cleco, Automated Systems, DGD, Dotco, Gardner-Denver*, MasterPower, Quakenbush, Recoules, Rotor Tool, Utica, COOPER WIRING DEVICES
– Aspire, Aspire RF, Cooper Wiring Devices, Hart-Lock, Media Sync, Mobile X-Ray, Novitas, Power-Lock, Royer, Shock Sentry, Siena, SurgBloc, AutoGrip, Safety
Grip, Microset, Antares, Cooper Sedna, Screw-Catch, Eagle, Arrow-Hart, WeatherBox, G-Tool, Quickeze, Super Plug, COOPER B-LINE – Access Cabinets, B-Line,
Cent-R-Rail, Dura-Cooper, Dura-Green, E2 & Design, Enviroshield, Kwik Wire, RCM+, Redi-Rail, Ruff-In Willsher & Quick, COOPER BUSSMANN – B&S, Buss,
Bussmann, Coiltronics, Cubefuse, Edison, Eletromec, ELF, easyID, Fusetron, Karp, Limitron, Low-Peak, Magnum, Mercury, Optima, Polysurg, PowerStor, TransX,
COOPER CROUSE-HINDS – Arktite, Cam-Lok, CEAG, Champ, Condulet, Crouse-Hinds, Domex, Ex-Cell, eXLink, G&H, MEDC, Mini-Line, Myers, NexT, Nortem,
Posi-Break, Posi-Lok, PowerPlus, Spec 1 Fire, WPI COOPER HAND TOOLS – Atila, Campbell, Collins, Crescent, Diamond, Erem, H.K. Porter, Kahnetics, Lufkin,
Metromex, Nicholson, Plumb, Weller, Wire-Wrap, Wiss, Xcelite, COOPER LIGHTING – Ametrix, AtLite, Corelite, DLS, Edison, Emerald, Fail-Safe, Halo, Invue, Iris,
Lumark, Lumiere, McGraw-Edison, Metalux, MWS, Neo-Ray, Portfolio, Regent, RSA, Shaper, Streetworks, Sure-Lites, COOPER MENVIER – Capri, CEAG, Cooper
Fire, Crompton, Fulleon, JSB, Luminox, MEDC, Menvier, Nugelec, Pretronica, Regalsafe, SAFEPATH, Scantronic, Univel, Wheelock, COOPER POWER SYSTEMS
– Aries, Cannon Technologies, Combined Technologies, Cybectec, Cooper Power Systems, Edison, ELF, EMSA, Envirotemp, EnviroTran, EnviroVR, FR3, Kearney,
Kyle, NOVA, MagneX, McGraw-Edison, NX, NX Companion, Storm Trapper, UltraSIL, VariStar, VariGap, X Limiter, COOPER POWER TOOLS – Airetool, Apex, Cleco,
Automated Systems, DGD, Dotco, Gardner-Denver*, MasterPower, Quakenbush, Recoules, Rotor Tool, Utica, COOPER WIRING DEVICES – Aspire, Aspire RF, Cooper
Wiring Devices, Hart-Lock, Media Sync, Mobile X-Ray, Novitas, Power-Lock, Royer, Shock Sentry, Siena, SurgBloc, AutoGrip, Safety Grip, Microset, Antares, Cooper
Sedna, Screw-Catch, Eagle, Arrow-Hart, WeatherBox, G-Tool, Quickeze, Super Plug, COOPER B-LINE – Access Cabinets, B-Line, Cent-R-Rail, Dura-Cooper, DuraGreen, E2 & Design, Enviroshield, Kwik Wire, RCM+, Redi-Rail, Ruff-In Willsher & Quick, COOPER BUSSMANN – B&S, Buss, Bussmann, Coiltronics, Cubefuse,
Edison, Eletromec, ELF, easyID, Fusetron, Karp, Limitron, Low-Peak, Magnum, Mercury, Optima, Polysurg, PowerStor, TransX, COOPER CROUSE-HINDS – Arktite,
Cam-Lok, CEAG, Champ, Condulet, Crouse-Hinds, Domex, Ex-Cell, eXLink, G&H, MEDC, Mini-Line, Myers, NexT, Nortem, Posi-Break, Posi-Lok, PowerPlus, Spec
1 Fire, WPI COOPER HAND TOOLS – Atila, Campbell, Collins, Crescent, Diamond, Erem, H.K. Porter, Kahnetics, Lufkin, Metromex, Nicholson, Plumb, Weller,
Wire-Wrap, Wiss, Xcelite, COOPER LIGHTING – Ametrix, AtLite, Corelite, DLS, Edison, Emerald, Fail-Safe, Halo, Invue, Iris, Lumark, Lumiere, McGraw-Edison,
Metalux, MWS, Neo-Ray, Portfolio, Regent, RSA, Shaper, Streetworks, Sure-Lites, COOPER MENVIER – Capri, CEAG, Cooper Fire, Crompton, Fulleon, JSB, Luminox,
MEDC, Menvier, Nugelec, Pretronica, Regalsafe, SAFEPATH, Scantronic, Univel, Wheelock, COOPER POWER SYSTEMS – Aries, Cannon Technologies, Combined
Cooper Industries, Ltd. 2006 Annual Report
REVENUES
RETURN ON SALES (1)
(in billions)
(% of revenue)
FREE CASH FLOW
AND CONTINUING INCOME
DILUTED EARNINGS
PER SHARE (1)
(in millions)
FCF
$5
10%
Income
$550
$5.50
4
8
440
4.40
3
6
330
3.30
2
4
220
2.20
1
2
110
1.10
0
(1)
0
0
02
03
04
05
06
02
03
04
05
06
0
02
03
04
05
06
02
03
04
05
06
From continuing operations before restructuring and unusual items.
Consistent
TABLE OF CONTENTS
Letter to Shareholders
Business Portfolio
A Focus on Customers
Serving Critical Industries
Markets Served
1
4
10
11
Foldout
Invigorating the Products
12
Acquisition Highlights
13
Financial Review
14
Report of Management
20
Directors and Management
22
Form 10-K
23
Shareholder Information
Inside Back Cover
To Our Shareholders,
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Cooper Industries, Ltd. | 1
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2 | Cooper Industries, Ltd.
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SALES BY END MARKET
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(% of revenue)
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37%
24%
20%
15%
4%
Industrial
Commercial
Utility
Residential
Other
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SALES BY REGION
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(% of revenue)
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i]Zn]VkZh]dlc]dlVcdg\Vc^oVi^dcl^i]hjX]VY^hi^cXi^kZ
]^hidgnXVcZkdakZ^cidVYncVb^XVcYXdbeZi^i^kZ\adWVa
Wjh^cZhh#L]^aZlZ]VkZZc_dnZYgZXZcihjXXZhh!lZ`cdl
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67% U.S.
16% Europe, Middle East
and Africa
7% Latin America
5% Canada
5% Asia Pacific
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SALES BY CHANNEL
(% of revenue)
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8]V^gbVc!EgZh^YZci8:D
54%
18%
16%
12%
Distribution
Utility
OEM/Direct
Retail
Cooper Industries, Ltd. | 3
1. ELECTRICAL PRODUCTS
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SEGMENT REVENUES
SEGMENT OPERATING
EARNINGS (1)
(in billions)
(in millions)
(1)
heZX^VainXdccZXidgh!hjeedgihnhiZbh!ZcXadhjgZh!
l^g^c\YZk^XZh![jhZh!eaj\h!gZXZeiVXaZhVcYhV[Zin
VcYhZXjg^inegdYjXih[dgjhZ^c^cYjhig^Va!XdbbZg"
Before restructuring charges.
$4.5
$700
3.6
560
2.7
420
1.8
280
.9
140
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ig^XVaedlZgigVchb^hh^dcVcYY^hig^Wji^dc^cYjhig^Zh#
0
0
02
03
04
05
06
02
03
04
05
Our Business
Portfolio
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Wj^aYjedc[dg[jijgZ\gdli]#
4 | Cooper Industries, Ltd.
06
ELECTRICAL PRODUCTS
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Cooper Industries, Ltd. | 5
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6 | Cooper Industries, Ltd.
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ELECTRICAL PRODUCTS
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Cooper Industries, Ltd. | 7
ELECTRICAL PRODUCTS
2. TOOLS
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SEGMENT REVENUES
SEGMENT OPERATING
EARNINGS (1)
(in millions)
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(in millions)
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(1) Before
Xdcigda!Zfj^ebZcihZchdgh!Xg^i^XVaZfj^ebZcibdc^idg^c\
$750
$90
600
72
450
54
300
36
150
18
restructuring charges.
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0
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8 | Cooper Industries, Ltd.
03
04
05
06
02
03
04
05
06
TOOLS
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Cooper Industries, Ltd. | 9
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A Focus on
Customers
DISNEY CONCERT HALL
Invue Vision Flood fixtures by
Cooper Lighting illuminate the
exterior of the Walt Disney
Concert Hall in Los Angeles.
10 | Cooper Industries, Ltd.
OLYMPIC WATER CUBE
Cooper Menvier CEAG emergency
lighting products were selected for
the site of the aquatic events at
the 2008 Beijing Olympic Games.
CHEVRON OFFSHORE DRILLING PLATFORM
Cooper Crouse-Hinds products are
installed on numerous Chevron offshore facilities in the U.S. Gulf of
Mexico and the Benguela Belize-Lobito
Tomboco (BBLT) deepwater oilfields
in Angola.
INDUSTRIAL MARKET
Cooper B-Line
Cooper B-Line provides a
wide range of electrical and
mechanical supports and related
products for industrial applications, ranging from cable tray and
bolted framing systems to industrial enclosures and wireway.
Cooper Lighting
Industrial lighting
from Cooper Lighting
provides illumination
to maximize productivity
and visual comfort
in industrial applications.
Cooper Wiring Devices
Wiring devices, plugs
and connectors are
designed for the
most abusive and
harsh conditions.
Cooper Power Systems
Innovative switchgear
provides increased safety,
reliability and customerfriendly design.
Cooper Bussmann
Low-Peak® currentlimiting fuses now offer
easyID™ technology to
reduce downtime and
maintenance costs.
Cooper Crouse-Hinds
Products from Cooper
Crouse-Hinds protect
personnel and electrical
systems in harsh industrial environments.
Cooper Hand Tools
Weller® soldering rework
and repair products help
high-tech electronics
manufacturers control
production costs.
Cooper Power Tools
Cooper Power Tools
offers a broad range of
pneumatic, DC electric
and battery-powered tools
to drive productivity in
industrial applications.
Cooper Menvier
Cooper Menvier manufactures
a wide range of fire detection
and security systems, industrial
mains and emergency lighting.
Major Product Categories
Cooper B-Line
Bolted Framing Systems
Cable Tray
Spring Steel Fasteners
Electrical Enclosures
Meter Mounting Equipment
Rack and Runway Systems
Electronic Cabinets
Pipe Hangers
Industrial Lighting
Plugs and Receptacles
Obstruction Lighting
Signals and Alarms
Instrumentation
Cooper Bussmann
Connectors
Fuseholders
Disconnect Switches
Low-Voltage Fuses
Medium-Voltage Fuses
Cooper Lighting
Industrial Lighting
Recessed Downlighting
Fluorescent Lighting
Floodlighting
Architectural Area/Site Lighting
Emergency/Exit Lighting
Security Lighting
Cleanroom Lighting
Landscape Lighting
Cooper Crouse-Hinds
Conduit and Cable Fittings
Enclosures
Interconnect Products
Control and Apparatus Equipment
Cooper Menvier
Emergency Lighting
Central Battery Systems
Fire Detection
Industrial and Hazardous Lighting
Cooper Power Systems
Capacitors and
Monitoring Equipment
Pad-Mounted and
Substation Transformers
Reclosers
Insulating Fluids
Switchgear
Modular Integrated
Transportable Substations
Cable Accessories
Overvoltage Protection
Demand Response and
Load Control
Fault Indicators
Maintenance Tools
Cooper Wiring Devices
Switches and Receptacles
Locking Plugs and Connectors
Motor Controllers
Pin and Sleeve
Cooper Hand Tools
Measuring Tools
Screwdrivers
Pliers and Wrenches
Hammers
Soldering Tools
Cutting Tools
Chain and Fittings
Cooper Power Tools
Pneumatic and DC Electric
Assembly Tools
Automated Assembly Equipment
Pneumatic Material-Removal Tools
Tube Cleaners and Expanders
Bits and Sockets
Universal Joints
Cutting Tools
Torque-Assurance Products
Pneumatic Hoists
Advanced Drilling Equipment
COMMERCIAL MARKET
Cooper Lighting
Glare-free fluorescent linear lighting from
Cooper Lighting provides added protection from eyestrain in computer-intensive
environments such as offices.
Cooper Wiring Devices
Builders of hospitals,
hotels, offices and
shopping centers meet
the high standards set
by local and national
electrical codes by using
receptacles, switches
and plugs from Cooper
Wiring Devices.
Cooper Hand Tools
Technicians and service personnel
use tools from Cooper Hand Tools for
maintenance and repair applications.
Cooper Power Tools
Cooper Power Tools
offers a diverse range
of ergonomically
designed pneumatic
tools for commercial
applications.
Cooper Crouse-Hinds
Electrical products
for commercial construction such as
Space-Saver EMT
connectors from
Cooper Crouse-Hinds
offer labor-saving
features that make
installation fast
and easy.
Cooper B-Line
Bolted framing systems, spring
steel fasteners, pipe hangers and
light duty cable tray systems from
Cooper B-Line support commercial
wiring and plumbing components.
Cooper Power Systems
Envirotran™ indoor power
center transformers use
Envirotemp®FR3,™ providing improved performance,
environmental benefits
and extended life.
Cooper Bussmann
The new Coordination
Module™ helps electrical
contractors meet new
electrical code coordination
requirements through an
all-in-one solution.
Cooper Menvier
Emergency lighting, mains
lighting, fire lighting and
security systems from
Cooper Menvier are used
to enhance safety in
commercial applications
across Europe.
Major Product Categories
Cooper B-Line
Bolted Framing Systems
Commercial Cable Tray
Spring Steel Fasteners
Electrical Enclosures
Meter Mounting Equipment
Rack and Runway Systems
Electronic Cabinets
Pipe Hangers
Cooper Lighting
Recessed Downlighting
Track Lighting
Fluorescent Lighting
Floodlighting
Architectural Area/Site Lighting
Emergency/Exit Lighting
Security Lighting
Landscape Lighting
Cooper Bussmann
Electrical Disconnects
Fused Circuit Protection
Elevator Disconnect Panels
Cable Limiters
Cooper Menvier
Fire Detection
Security Systems
Lighting Systems
Emergency Lighting
Facility Communications Systems
Fire Life Safety
Weatherproof Notification
Appliances
Cooper Crouse-Hinds
Commercial Fittings
Hubs
Outlet Boxes
Weatherproof Lighting,
Boxes and Covers
Cooper Power Systems
Monitoring Equipment
Pad-Mounted and
Substation Transformers
Modular Integrated
Transportable Substations
Insulating Fluids
Pad-Mounted Switchgear
Power Factor Correction
Demand Response
Overcurrent Protection
Automated Meter
Reading Technology
Cooper Wiring Devices
Specification-Grade Switches
and Receptacles
Surge-Protection Equipment
Straight Blade Plugs
and Connectors
Hospital-Grade Products
Cooper Hand Tools
Measuring Tools
Screwdrivers
Pliers and Wrenches
Hammers
Soldering Tools
Cutting Tools
Chain and Fittings
Cooper Power Tools
Pneumatic Assembly Tools
Pneumatic Material-Removal Tools
Bits and Sockets
Universal Joints
UTILITY MARKET
Cooper Crouse-Hinds
Cooper Crouse-Hinds products
have many utility applications,
including obstruction lighting to
mark towers that may represent
hazards to air navigation.
Cooper Power Tools
Utilities depend on tube cleaners
and expanders from Cooper Power
Tools for service and maintenance
of heat exchangers.
Cooper B-Line
Meter mounting equipment
from Cooper B-Line offers easy,
weatherproof installation for years
of reliable service. A broad range
of Cooper B-Line supports are used
in power generation, transmission
and distribution.
Cooper Bussmann
Cable limiters are used
for short-circuit protection
of service panel cables.
Cooper Lighting
Area, street and roadway lighting
provides excellent optical performance for utility customers.
Cooper Hand Tools
Utility companies rely on
hand tools from Cooper
Hand Tools for construction,
repair and maintenance.
Cooper Power Systems
Cooper Power Systems’ Aries™
recloser is the industry’s first
integrated electronic recloser
that combines multiple functions into a complete
intelligent system.
Cooper Wiring Devices
Utilities use wire mesh
pulling grips to install both
underground and overhead
transmission cables.
Major Product Categories
Cooper B-Line
Bolted Framing Systems
Cable Tray
Spring Steel Fasteners
Electrical Enclosures
Meter Mounting Equipment
Pipe Hangers
Cooper Bussmann
Electrical Disconnects
Medium-Voltage Fuses
Cable Limiters
Cooper Crouse-Hinds
Conduit and Cable Fittings
Control and Apparatus Equipment
Industrial Lighting
Obstruction Lighting
Plugs and Receptacles
Signals and Alarms
Instrumentation
Cooper Lighting
Architectural Area/Site Lighting
Floodlighting
Street/Roadway Lighting
Cooper Power Systems
Switches
Capacitors and
Equipment Monitoring
Pad-Mounted and
Substation Transformers
Switchgear
Insulating Fluids
Reclosers and Controls
Relays
Cable Accessories
Lightning Arresters
Feeder Automation
Remote Monitoring
Substation Automation
and Monitoring
Automated Meter
Reading Technology
Demand Response
Modular Integrated
Transportable Substations
Cooper Wiring Devices
Wire Mesh Grips
Cooper Hand Tools
Measuring Tools
Pliers and Wrenches
Hammers
Cutting Tools
Chain and Fittings
Cooper Power Tools
Pneumatic Material-Removal Tools
Pneumatic Assembly Tools
Bits and Sockets
Universal Joints
Torque-Assurance Products
Tube Cleaners and Expanders
RESIDENTIAL MARKET
Cooper B-Line
Spring Steel Fasteners,
box supports and
meter sockets from
Cooper B-Line are used
frequently in multi-dwelling
residential construction.
Cooper Crouse-Hinds
Outlet boxes such as nonmetallic Speed-Mount™
switchboxes from Cooper
Crouse-Hinds are designed
for ease of installation in
residential applications.
Cooper Lighting
Recessed downlighting
fixtures from Cooper Lighting
are a mainstay of most
modern homes.
Cooper Bussmann
Two new A/C disconnects save
contractors installation time
through convenience features
such as prewired connections.
Cooper Hand Tools
Professionals and do-ityourselfers choose tools
from Cooper Hand Tools
for quality and value.
Cooper Power Systems
ExpressStat®utility-controlled
smart-services thermostat for
cost-effective mass-market
active control application.
Cooper Wiring Devices
Receptacles, switches,
lighting controls and
network wiring from
Cooper Wiring Devices
are essential in today’s
state-of-the-art homes.
Cooper Menvier
Heightened concern for security
and fire safety has created a
residential market in Europe for
Cooper Menvier’s security and
fire-detection products.
Cooper Power Tools
Cooper Power Tools
offers professional-quality
woodworking tools for the
discerning craftsman.
Major Product Categories
Cooper B-Line
Bolted Framing Systems
Spring Steel Fasteners
Meter Mounting Equipment
Cooper Bussmann
A/C Disconnects
Fused Circuit Protection
Box Cover Units
Cooper Crouse-Hinds
Outlet Boxes
Floor Boxes
Weatherproof Lighting,
Boxes and Covers
Cooper Lighting
Recessed Downlighting
Track Lighting
Fluorescent Lighting
Security Lighting
Landscape Lighting
Cooper Menvier
Fire Detection
Security Systems
Cooper Power Systems
Surge Arresters
Cable Accessories
Pole Transformers
Single-Phase, Pad-Mounted
Transformers
Demand Response Technology
Automated Meter
Reading Technology
Insulating Fluids
Switches
Overcurrent and
Underground Protection
Cooper Wiring Devices
Switches and Receptacles
Aspire® Design System
GFCI Devices
Dimmers and
Fan Speed Controls
Wall Plates
Home Automation
Cooper Hand Tools
Measuring Tools
Cutting Tools
Screwdrivers
Pliers and Wrenches
Hammers
Soldering Tools
Chain and Fittings
Cooper Power Tools
Pneumatic Drills
and Sanders
UTILITY INDUSTRY
Cooper’s unparalleled portfolio of respected world-class
products and services provides solutions at every point
of the power delivery system, improving reliability, productivity and safety. We help our global utility partners deliver
environmentally responsible services to their customers.
Investments in the latest technologies allow utility customers to automate their systems and services.
Serving
PETROCHEMICAL, OIL AND GAS INDUSTRY
Strict requirements, harsh and hazardous conditions,
accelerating global growth and fluctuating economic
conditions are significant challenges for the petrochemical industries. Cooper provides the products
and services to deliver safe working conditions
and provide protection from the elements.
Critical
Industries
I]ZgZ^hcda^b^iid8ddeZgÉhVW^a^inidZVgccZlWjh^cZhh^c\gdli]
bVg`ZihVcY^cYjhig^ZhVgdjcYi]Z\adWZ#I]gdj\]djgjceVgVaaZaZYegdYjXi
WgZVYi]VcYiZX]c^XVaZmeZgi^hZ!lZYZa^kZgXdbegZ]Zch^kZhdaji^dchid
XdbeaZmVcYY^kZghZXjhidbZghl^i]Xg^i^XVacZZYhl]ZgZgZa^VW^a^in^h
ZhhZci^Va!hjX]Vhi]Zji^a^inVcYeZigdX]Zb^XVa^cYjhig^Zh#
Cooper Industries, Ltd. | 11
CAPACITOR BANK CONTROLLER
Cooper Power Systems
offers energy automation
solutions that combine nextgeneration technology with
best-in-class products, allowing comprehensive technologies, products and expertise
for customers worldwide.
ASPIRE RF TM
Cooper Wiring Devices’
ASPIRE RF ™ product
line provides users with
the next generation of
convenient, dependable
and user-friendly controls.
DLSTM WALL CONTROLLER
The Digital Lighting System
(DLS™) is an advanced lighting control system that places
the control intelligence in
the Cooper Lighting fixture,
allowing the user to program
zones, scenes and fades.
WIRELESS RF TOOLS
Cooper Power Tools’ Cleco®
cordless tools with infrared
communication are designed
for safety-critical fastening applications.
Invigorating the
Products
8ddeZg^h^ckZhi^c\^cdjgegdYjXihVcYhZgk^XZh^ciZgcVaanVcYi]gdj\]VXfj^h^i^dch
idZchjgZi]VilZYZa^kZgldgaY"XaVhhd[[Zg^c\hl^i]V[dXjhdc^cXgZVhZYiZX]cdad\n
VcYXVeVW^a^i^Zhi]Viegdk^YZZcY"jhZgheZX^ÒZYhdaji^dch#6hVcZmVbeaZ!lZVgZ
Y^[[ZgZci^Vi^c\8ddeZg^ci]ZbVg`ZieaVXZWnYZkZade^c\^cYjhign"aZVY^c\gVY^d
[gZfjZcXnVcYl^gZaZhhXVeVW^a^i^Zhi]VibV`ZÆYjbWÇegdYjXihÆhbVgi#ÇLZVgZ
aZkZgV\^c\i]Vi`cdl"]dlVXgdhh8ddeZg!VcYbdhid[djgY^k^h^dchcdl]VkZVc
G;YZk^XZ^ci]Z^gegdYjXiedgi[da^d#
12 | Cooper Industries, Ltd.
8ddeZg]VhVY^kZghZeaVi[dgbd[Wjh^cZhhZhidWj^aYjedc!Wdi]dg\Vc^XVaan
VcYi]gdj\]higViZ\^XVXfj^h^i^dchi]ViVaadljhidZmeVcYdjgXdgZXVeVW^a^i^Zh#
;daadl^c\VY^hX^ea^cZYVXfj^h^i^dcegdXZhh!lZZkVajViZXdbeVc^Zhi]ViVgZ
XdbeaZbZciVgndgVY_VXZciiddjgWjh^cZhhZh!l^aaVaadljhid\gdldjg\adWVa
[ddieg^ci!VcYedhhZhhhigdc\ldg`^c\XVe^iVaX]VgVXiZg^hi^XhVcYiVaZciZY
bVcV\ZbZciiZVbh#8ddeZgXadhZY[djgigVchVXi^dch^c'%%+!VYY^c\iddjg
heZX^VainXdccZXidgh!ji^a^inVjidbVi^dcVcYÒgZ$hZXjg^incdi^ÒXVi^dceaVi[dgbh#
Acquisition
Highlights
CANNON TECHNOLOGIES
The acquisition of Cannon Technologies
coupled with the existing Cooper Power
Systems business allows Cooper to
solve critical utility industry issues around
asset productivity and service reliability.
WHEELOCK, INC.
Wheelock created a U.S.- based
fire notification base for the Cooper
Menvier division.
G&H TECHNOLOGIES
G&H Technologies enhanced the existing specialty connector business within
the Cooper Crouse-Hinds division.
Cooper Industries, Ltd. | 13
Financial Review
COOPER STOCK PERFORMANCE
The following graph compares the total shareholder return on Cooper’s
Class A common shares for the five-year period December 31, 2001
through December 31, 2006 to the total returns for the same period
of the Standard & Poor’s 500 Stock Index and a Cooper Peer Group
Index. The cumulative total return is based upon an initial investment
of $100 on December 31, 2001 with dividends reinvested.
We currently operate in two primary business areas: Electrical Products
and Tools. The 15 companies in the Cooper Peer Group Index were
selected based on their presence in similar markets affected by similar economic and market trends to Cooper, their recognition by the
investment community as Cooper peers and the comparability of their
market capitalization to Cooper’s market capitalization. The members
of the Cooper Peer Group Index are: Acuity Brands, Inc.; Danaher
Corporation; Dover Corp.; Eaton Corp.; Emerson Electric Co.; Hubbell
Incorporated (Class B); Illinois Tool Works; Ingersoll-Rand Co. Ltd.;
Newell Rubbermaid Inc.; Parker-Hannifin Corp.; Pentair Inc.; Snap-On
Inc.; SPX Corp.; The Stanley Works; and Thomas & Betts Corporation.
The Cooper Peer Group Index has been weighted in accordance with
each corporation’s market capitalization (closing stock price multiplied by the number of shares outstanding) as of the beginning of
each of the five years covered by the performance graph. The weighted
return for each year is the sum of the products obtained by multiplying
(a) the percentage that each corporation’s market capitalization represents of the total market capitalization for all corporations in the Index
for such year by (b) the total shareholder return for that corporation
for such year.
DEC 01
DEC 02
DEC 03
DEC 04
DEC 05
DEC 06
Cooper Industries, Ltd.
$ 100
$ 108
$ 178
$ 213
$ 234
$ 295
S&P 500®
$ 100
$ 78
$ 100
$ 111
$ 117
$ 135
Cooper Peer Group Index $ 100
$ 95
$ 125
$ 146
$ 146
$ 170
CUMULATIVE TOTAL RETURN
Based upon an initial investment of $100 on December 31, 2001 with dividends reinvested.
$300
Cooper Industries Ltd.
S&P 500®
Cooper Peer Group Index
$250
$200
$150
$100
$50
DEC 01
14 | Cooper Industries, Ltd.
DEC 02
DEC 03
DEC 04
DEC 05
DEC 06
Financial Highlights
($ in millions, except per-share data)
REVENUES
Operating earnings before restructuring
Continuing income before restructuring and unusual items
Net income
DILUTED INCOME PER COMMON SHARE
Continuing income before restructuring and unusual items
Net income
Shares used in computation of earnings per share (in millions)
Cash dividends declared per common share
2006
2005
2004
2003
2002
$ 5,184.6
699.2
484.3
464.0
$ 4,730.4
559.8
391.1
163.9
$ 4,462.9
496.6
339.8
339.8
$ 4,061.4
394.6
266.0
148.3
$ 3,960.5
393.8
243.5
213.7
$
$
$
$
$
$
Number of employees
Number of record shareholders
5.16
4.95
93.8
1.48
4.12
1.73
95.0
1.48
$
$
3.58
3.58
94.8
1.40
$
2.83
1.58
93.8
1.40
2.60
2.28
93.7
1.40
$
31,000
22,900
29,000
23,100
26,900
24,500
27,200
26,300
28,400
26,800
$ 4,426.0
758.6
$ 3,997.5
732.9
$ 3,722.2
740.7
$ 3,358.4
703.0
$ 3,324.9
635.6
OPERATING EARNINGS BY BUSINESS SEGMENT BEFORE RESTRUCTURING
Electrical Products
Tools
$
$
$
$
$
Total assets
Total indebtedness
Shareholders’ equity
$ 5,374.8
1,008.5
2,475.3
OPERATING REVENUES BY BUSINESS SEGMENT
Electrical Products
Tools
Return on revenues before restructuring and unusual items
Return on average shareholders’ equity
Return on invested capital before restructuring and unusual items
Total debt-to-capitalization ratio
703.2
85.6
585.0
66.7
$ 5,215.1
1,021.9
2,205.2
9.3%
19.8%
13.5%
28.9%
511.2
62.7
$ 5,407.8
1,461.6
2,286.5
8.3%
7.3%
10.8%
31.7%
435.1
39.0
$ 4,965.3
1,343.3
2,118.2
7.6%
15.4%
9.7%
39.0%
400.6
27.3
$ 4,687.9
1,438.6
2,002.4
6.5%
7.2%
8.2%
38.8%
6.1%
10.6%
7.7%
41.8%
These Financial Highlights contain non-GAAP financial measures. See the reconciliation of these measures to the most directly comparable GAAP measures on
page 17 of this report.
REVENUES
DILUTED EARNINGS PER SHARE (1)
(in billions)
(1) From
continuing operations before restructuring and unusual items.
7% CAGR
19% CAGR
$5.0
$5.0
4.0
4.0
3.0
3.0
2.0
2.0
1.0
1.0
0
0
02
03
04
05
06
02
03
04
05
06
Cooper Industries, Ltd. | 15
Performance Highlights
NET DEBT-TO-TOTAL-CAPITALIZATION RATIO
50%
40%
38.9%
36.2%
29.3%
30%
26.1%
20.5%
19.1%
20%
10%
Balance sheet strength provides exceptional flexibility.
0%
DEC 01
DEC 02
DEC 03
FREE CASH FLOW CONVERSION (1)
(1)
DEC 04
DEC 05
DEC 06
RETURN ON INVESTED CAPITAL
Free cash flow divided by income from continuing operations.
2.5
15%
2.0
12%
1.5
9%
1.0
6%
.5
3%
0%
0
02
03
04
05
Sixth consecutive year Free Cash Flow greater than
Continuing Income.
06
02
03
04
05
Disciplined capital investment has close to doubled ROIC.
These Performance Highlights contain non-GAAP financial measures. See the reconciliation of these measures to the most directly comparable
GAAP measures on page 17 of this report.
16 | Cooper Industries, Ltd.
06
Reconciliation of Non-GAAP Financial Measures
($ in millions, except per-share data)
2006
2005
2004
2003
2002
OPERATING EARNINGS
Operating earnings
Restructuring
$
699.2
–
$
559.8
–
$
496.6
–
$
392.0
2.6
$
354.7
39.1
Operating earnings before restructuring
$
699.2
$
559.8
$
496.6
$
394.6
$
393.8
$
484.3
–
–
–
$
391.1
–
–
–
$
339.8
–
–
–
$
274.3
5.0
9.6
(22.9)
$
213.7
29.8
–
–
$
484.3
$
391.1
$
339.8
$
266.0
$
243.5
$
4.95
0.21
–
$
1.73
2.39
–
$
3.58
–
–
$
1.58
1.34
(0.09)
$
2.28
–
0.32
$
5.16
$
4.12
$
3.58
$
2.83
$
2.60
$
703.2
–
$
585.0
–
$
511.2
–
$
418.7
16.4
$
376.6
24.0
Operating earnings before restructuring
$
703.2
$
585.0
$
511.2
$
435.1
$
400.6
TOOLS:
Operating earnings
Restructuring
$
85.6
–
$
66.7
–
$
62.7
–
$
39.4
(0.4)
$
14.6
12.7
Operating earnings before restructuring
$
85.6
$
66.7
$
62.7
$
39.0
$
27.3
$
5.0
300.7
702.8
$
7.6
11.4
1,002.9
$
97.6
665.4
698.6
$
6.2
0.4
1,336.7
$
4.1
153.8
1,280.7
CONTINUING INCOME
Income from continuing operations
Restructuring
Contribution to Cooper Industries Foundation
Interest income on tax refund
Continuing income before restructuring and unusual items
DILUTED INCOME PER COMMON SHARE
Net income
Discontinued operations
Restructuring and unusual items
Continuing income before restructuring and unusual items
OPERATING EARNINGS BY BUSINESS SEGMENT
ELECTRICAL PRODUCTS:
Operating earnings
Restructuring
DEBT-TO-TOTAL-CAPITALIZATION RATIO
Short-term debt
Current maturities of long-term debt
Long-term debt
Total debt
Total shareholders’ equity
$ 1,008.5
2,475.3
$ 1,021.9
2,205.2
$ 1,461.6
2,286.5
$ 1,343.3
2,118.2
$ 1,438.6
2,002.4
Total capitalization
$ 3,483.8
$ 3,227.1
$ 3,748.1
$ 3,461.5
$ 3,441.0
Total debt-to-total-capitalization ratio
28.9%
31.7%
39.0%
38.8%
41.8%
Total debt
Cash and cash equivalents
$ 1,008.5
(423.5)
$ 1,021.9
(452.8)
$ 1,461.6
(652.8)
$ 1,343.3
(463.7)
$ 1,438.6
(302.0)
Net debt
$
$
$
$
$ 1,136.6
Total capitalization
Cash and cash equivalents
$ 3,483.8
(423.5)
$ 3,227.1
(452.8)
$ 3,748.1
(652.8)
$ 3,461.5
(463.7)
$ 3,441.0
(302.0)
Total capitalization, net of cash
$ 3,060.3
$ 2,774.3
$ 3,095.3
$ 2,997.8
$ 3,139.0
Net debt-to-total-capitalization ratio
FREE CASH FLOW
Net cash provided by operating activities
Capital expenditures
Proceeds from sales of property, plant, equipment and other
585.0
19.1%
569.1
20.5%
808.8
26.1%
879.6
29.3%
36.2%
$
601.4
(85.3)
18.9
$
573.5
(96.7)
13.6
$
473.6
(102.8)
11.8
$
445.3
(79.9)
18.1
$
479.8
(73.8)
22.0
$
535.0
$
490.4
$
382.6
$
383.5
$
428.0
$
699.2
–
–
$
559.8
–
–
$
496.6
–
–
$
392.0
2.6
12.0
$
354.7
39.1
–
Operating earnings before restructuring and unusual items
Income tax expenses
$
699.2
176.2
$
559.8
117.5
$
496.6
102.8
$
406.6
81.3
$
393.8
93.5
Operating earnings before restructuring and unusual items, after tax
$
523.0
$
442.3
$
393.8
$
325.3
$
300.3
Average total capital before accumulated goodwill amortization
$ 3,872.5
Free cash flow
RETURN ON INVESTED CAPITAL
Operating earnings
Restructuring
Contribution to Cooper Industries Foundation
Return on invested capital
13.5%
$ 4,109.4
10.8%
$ 4,047.0
9.7%
$ 3,972.8
8.2%
$ 3,878.5
7.7%
Cooper Industries, Ltd. | 17
Electrical Highlights
($ in millions)
FINANCIAL STATISTICS
Revenues
Operating earnings
+ Depreciation and amortization
= EBITDA
2006
2005
2004
2003
2002
$ 4,426.0
$
703.2
90.4
$ 3,997.5
$ 585.0
88.7
$ 3,722.2
$ 511.2
93.9
$ 3,358.4
$ 418.7
90.3
$ 3,324.9
$ 376.6
89.3
$
793.6
$
673.7
$
605.1
$
509.0
$
465.9
$
703.2
90.4
$
585.0
88.7
$
511.2
93.9
$
435.1
90.3
$
400.6
89.3
$
793.6
$
673.7
$
605.1
$
525.4
$
489.9
Capital expenditures
$
60.8
$
69.9
$
73.0
$
54.7
$
57.6
Total assets
$ 3,960.8
Operating earnings before restructuring charges
+ Depreciation and amortization
= EBITDA before restructuring charges
$ 3,600.9
$ 3,591.8
$ 3,433.2
$ 3,394.0
Return on revenues
Return on revenues before restructuring charges
15.9%
15.9%
14.6%
14.6%
13.7%
13.7%
12.5%
13.0%
11.3%
12.0%
Return on average assets
Return on average assets before restructuring charges
EBITDA
Return on revenues
Return on average assets
EBITDA before restructuring charges
Return on revenues
Return on average assets
18.6%
18.6%
16.3%
16.3%
14.6%
14.6%
12.3%
12.7%
11.0%
11.7%
17.9%
21.0%
16.9%
18.7%
16.3%
17.2%
15.2%
14.9%
14.0%
13.5%
17.9%
21.0%
16.9%
18.7%
16.3%
17.2%
15.6%
15.4%
14.7%
14.2%
GEOGRAPHIC STATISTICS
Revenue by destination
Domestic
International
$ 3,113.5
1,312.5
$ 2,844.9
1,152.6
$ 2,669.7
1,052.5
$ 2,445.1
913.3
$ 2,492.3
832.6
These Electrical Highlights contain non-GAAP financial measures. See the reconciliation of these measures to the most directly comparable GAAP measures on
page 17 of this report.
REVENUES
OPERATING EARNINGS (1)
(in billions)
(in millions)
(1)
Before restructuring charges.
7% CAGR
15% CAGR
$5.0
$700
4.0
560
3.0
420
2.0
280
1.0
140
0
0
02
03
18 | Cooper Industries, Ltd.
04
05
06
02
03
04
05
06
Tools Highlights
($ in millions)
2006
FINANCIAL STATISTICS
Revenues
Operating earnings
+ Depreciation and amortization
= EBITDA
Operating earnings before restructuring charges
+ Depreciation and amortization
= EBITDA before restructuring charges
2005
2004
2003
2002
$
$
758.6
85.6
20.0
$
$
732.9
66.7
20.1
$
$
740.7
62.7
21.7
$
$
703.0
39.4
26.9
$
$
635.6
14.6
29.1
$
105.6
$
86.8
$
84.4
$
66.3
$
43.7
$
85.6
20.0
$
66.7
20.1
$
62.7
21.7
$
39.0
26.9
$
27.3
29.1
$
105.6
$
86.8
$
84.4
$
65.9
$
56.4
Capital expenditures
$
9.1
$
12.4
$
10.2
$
12.8
$
12.2
Total assets
$
686.6
$
700.5
$
737.0
$
734.6
$
724.2
Return on revenues
Return on revenues before restructuring charges
11.3%
11.3%
9.1%
9.1%
8.5%
8.5%
5.6%
5.5%
2.3%
4.3%
Return on average assets
Return on average assets before restructuring charges
EBITDA
Return on revenues
Return on average assets
EBITDA before restructuring charges
Return on revenues
Return on average assets
12.3%
12.3%
9.3%
9.3%
8.5%
8.5%
5.4%
5.3%
1.9%
3.5%
13.9%
15.2%
11.8%
12.1%
11.4%
11.5%
9.4%
9.1%
6.9%
5.7%
13.9%
15.2%
11.8%
12.1%
11.4%
11.5%
9.4%
9.0%
8.9%
7.3%
GEOGRAPHIC STATISTICS
Revenue by destination
Domestic
International
$
415.6
343.0
$
420.0
312.9
$
411.7
329.0
$
379.0
324.0
$
354.3
281.3
These Tools Highlights contain non-GAAP financial measures. See the reconciliation of these measures to the most directly comparable GAAP measures on
page 17 of this report.
REVENUES
OPERATING EARNINGS (1)
(in millions)
(in millions)
(1)
Before restructuring charges.
5% CAGR
33% CAGR
$1,000
$100
800
80
600
60
400
40
200
20
0
0
02
03
04
05
06
02
03
04
05
06
Cooper Industries, Ltd. | 19
Report of
Management
on Disclosure
and Compliance
2006
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20 | Cooper Industries, Ltd.
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Cooper Industries, Ltd. | 21
Board of Directors Management Team
Stephen G. Butler 1, 4
Retired Chairman
and Chief Executive
KPMG, LLP
SENIOR MANAGEMENT
Robert M. Devlin 2, 3, 4
Chairman
Curragh Capital Partners
Principal Owner and Director
Forethought Financial Group
Terry A. Klebe
Senior Vice President and
Chief Financial Officer
Ivor J. Evans
Partner
Thayer Capital Partners
Retired Vice Chairman
Union Pacific Corporation
3, 4
Kevin M. McDonald
Senior Vice President
and General Counsel
C. Thomas O’Grady
Senior Vice President,
Business Development
Kirk S. Hachigian 2
Chairman, President and
Chief Executive Officer
Cooper Industries, Ltd.
James P. Williams
Senior Vice President,
Human Resources
Linda A. Hill
Professor
Harvard Business School
DIVISION PRESIDENTS
3, 4
James J. Postl
Retired President and
Chief Executive Officer
Pennzoil Quaker State
Company
1, 4
Dan F. Smith 2, 3
President and
Chief Executive Officer
Lyondell Chemical Company
Gerald B. Smith 1, 4
Chairman and
Chief Executive Officer
Smith Graham & Company
James R. Wilson 1, 2, 4
Deputy Chairman
and Presiding
Non-Management Director
Cooper Industries, Ltd.
Retired Chairman, President
and Chief Executive Officer
Cordant Technologies Inc.
22 | Cooper Industries, Ltd.
Kirk S. Hachigian
Chairman, President and
Chief Executive Officer
Curt J. Andersson
President
Cooper Crouse-Hinds
Syracuse, New York
Neil Schrimsher
President
Cooper Lighting
Peachtree City, Georgia
Kevin C. Kissling
President
Cooper B-Line
Highland, Illinois
Gary A. Masse
Group President
Cooper Tools
Apex, North Carolina
Jeffrey M. Roberts
President
Cooper Wiring Devices
Peachtree City, Georgia
Axel Haack
President
Cooper Europe
Royal Leamington Spa
Warwickshire, England
1
Member of the Audit Committee
2
Member of the Executive Committee
3
Member of the Management Development and Compensation Committee
4
Member of the Committee on Nominations and Corporate Governance
Kevin M. Stein
President
Cooper Bussmann
Ellisville, Missouri
Michael A. Stoessl
Group President
Cooper Power Systems
Waukesha, Wisconsin
CORPORATE OFFICERS
Grant L. Gawronski
Vice President
International Operations
David T. Gunther
Vice President
Internal Audit
Terrance V. Helz
Associate General Counsel
and Secretary
Stephen M. Kole
Treasurer
Jeffrey B. Levos
Vice President
Finance
David L. Pawl
Vice President
Operations
James T. Pendley
Chief Marketing Officer
John B. Reed
Vice President
Taxes
Melissa Scheppele
Vice President
Business Systems
Robert W. Teets
Vice President
Environmental Affairs
and Risk Management
TRANSFER AGENT, REGISTRAR
AND DIVIDEND DISBURSING AGENT
Computershare Trust Company, N. A.
General correspondence about your shares should be addressed to:
Computershare Trust Company, N. A.
250 Royal Street
Canton, MA 02021
Correspondence related to the Dividend Reinvestment Plan,
including optional cash payment inquiries, should be addressed to:
Computershare Trust Company, N. A.
P.O. Box 43081
Providence, RI 02940-3081
Requests to transfer Cooper shares should be addressed to:
Computershare Trust Company, N. A.
P.O. Box 43070
Providence, RI 02940-3070
Telephone inquiries can be made to the Telephone Response Center
at (781) 575-2725, Monday–Friday, 9:00 a.m. to 5:00 p.m., Eastern
time. An automated inquiry service is available seven days a week,
24 hours per day. For hearing-impaired service call (800) 490-1493
within the U.S. and (781) 575-4592 outside the U.S.
Cooper’s transfer agent also may be contacted on the Internet at
www.computershare.com.
SHAREHOLDER INFORMATION LINE
For the latest news about Cooper, including the quarterly financial
results and dividend information, call (800) 371-9242. Through
this line, you also can access the transfer agent regarding stock
information, and request faxed or mailed copies of news releases
and other Cooper information.
ADDITIONAL SHAREHOLDER ASSISTANCE
For additional assistance regarding your shareholdings, contact:
Corporate Governance Department
Cooper Industries, Ltd.
P.O. Box 4446
Houston, Texas 77210-4446
Telephone (713) 209-8673
INVESTOR RELATIONS CONTACT
Jon Safran
Director, Investor Relations
Cooper Industries, Ltd.
P.O. Box 4446
Houston, Texas 77210-4446
Telephone (713) 209-8610
E-mail address: safran@cooperindustries.com
ANNUAL MEETING
The Annual Meeting of Shareholders will be held at 11:00 a.m.
Central time on April 24, 2007, 64th Floor, 600 Travis Street,
Houston, Texas. A meeting notice and proxy materials are being
mailed to all shareholders of record as of February 28, 2007.
CORPORATE HEADQUARTERS
Cooper Industries, Ltd.
600 Travis Street, Suite 5800
Houston, Texas 77002-1001
Telephone (713) 209-8400
Internet address: www.cooperindustries.com
E-mail address: info@cooperindustries.com
FORWARD-LOOKING STATEMENTS
Certain statements in this annual report are forward-looking under the Private Securities Litigation Reform Act of 1995. The forward-looking
statements reflect Cooper’s expectations, objectives and goals with respect to future events and financial performance, and are based on
assumptions and estimates that Cooper believes are reasonable. Forward-looking statements include, but are not limited to, any statements
regarding future revenues, earnings, margins, cash flows, dividends and capital expenditures. Cooper wishes to caution readers not to put
undue reliance on these statements and that actual results could differ materially from anticipated results. These statements are subject
to various risks and uncertainties, many of which are outside the control of Cooper, including, without limitation, market and economic
conditions; changes in raw material and energy costs; industry competition; the ability to execute and realize the expected benefits from
strategic initiatives, including revenue growth plans and cost-control and productivity improvement programs; the magnitude of any disruptions from manufacturing rationalizations and the implementation of the Enterprise Business System; mergers and acquisitions and their
integration; political developments; changes in tax laws, tax treaties or tax regulations; the resolution of potential liability exposure resulting
from the Federal-Mogul bankruptcy; the timing and amount of share repurchases by Cooper; and other risk factors as discussed from time
to time in Cooper’s Securities and Exchange Commission filings.
The trademarks listed on the cover are owned by Cooper Industries or its related affiliates and subsidiaries.
*Gardner-Denver is a registered trademark of Gardner Denver Machinery, Inc. and is used by Cooper Industries under license.
Design: Savage Design Group, Inc., Houston, Texas
COOPER B-LINE – Access Cabinets, B-Line, Cent-R-Rail, Dura-Cooper, Dura-Green, E2 & Design, Enviroshield, Kwik Wire, RCM+, Redi-Rail, Ruff-In Willsher &
Quick, COOPER BUSSMANN – B&S, Buss, Bussmann, Coiltronics, Cubefuse, Edison, Eletromec, ELF, easyID, Fusetron, Karp, Limitron, Low-Peak, Magnum
Mercury, Optima, Polysurg, PowerStor, TransX, COOPER CROUSE-HINDS – Arktite, Cam-Lok, CEAG, Champ, Condulet, Crouse-Hinds, Domex, Ex-Cell, eXLink, G&H
MEDC, Mini-Line, Myers, NexT, Nortem, Posi-Break, Posi-Lok, PowerPlus, Spec 1 Fire, WPI COOPER HAND TOOLS – Atila, Campbell, Collins, Crescent, Diamond
Erem, H.K. Porter, Kahnetics, Lufkin, Metromex, Nicholson, Plumb, Weller, Wire-Wrap, Wiss, Xcelite, COOPER LIGHTING – Ametrix, AtLite, Corelite, DLS, Edison
Emerald, Fail-Safe, Halo, Invue, Iris, Lumark, Lumiere, McGraw-Edison, Metalux, MWS, Neo-Ray, Portfolio, Regent, RSA, Shaper, Streetworks, Sure-Lites, COOPER
MENVIER – Capri, CEAG, Cooper Fire, Crompton, Fulleon, JSB, Luminox, MEDC, Menvier, Nugelec, Pretronica, Regalsafe, SAFEPATH, Scantronic, Univel, Wheelock
COOPER POWER SYSTEMS – Aries, Cannon Technologies, Combined Technologies, Cybectec, Cooper Power Systems, Edison, ELF, EMSA, Envirotemp, EnviroTran
EnviroVR, FR3, Kearney, Kyle, NOVA, MagneX, McGraw-Edison, NX, NX Companion, Storm Trapper, UltraSIL, VariStar, VariGap, X Limiter, COOPER POWER TOOLS
– Airetool, Apex, Cleco, Automated Systems, DGD, Dotco, Gardner-Denver*, MasterPower, Quakenbush, Recoules, Rotor Tool, Utica, COOPER WIRING DEVICES
– Aspire, Aspire RF, Cooper Wiring Devices, Hart-Lock, Media Sync, Mobile X-Ray, Novitas, Power-Lock, Royer, Shock Sentry, Siena, SurgBloc, AutoGrip, Safety
Grip, Microset, Antares, Cooper Sedna, Screw-Catch, Eagle, Arrow-Hart, WeatherBox, G-Tool, Quickeze, Super Plug, COOPER B-LINE – Access Cabinets, B-Line
Cent-R-Rail, Dura-Cooper, Dura-Green, E2 & Design, Enviroshield, Kwik Wire, RCM+, Redi-Rail, Ruff-In Willsher & Quick, COOPER BUSSMANN – B&S, Buss
Bussmann, Coiltronics, Cubefuse, Edison, Eletromec, ELF, easyID, Fusetron, Karp, Limitron, Low-Peak, Magnum, Mercury, Optima, Polysurg, PowerStor, TransX
COOPER CROUSE-HINDS – Arktite, Cam-Lok, CEAG, Champ, Condulet, Crouse-Hinds, Domex, Ex-Cell, eXLink, G&H, MEDC, Mini-Line, Myers, NexT, Nortem
Posi-Break, Posi-Lok, PowerPlus, Spec 1 Fire, WPI COOPER HAND TOOLS – Atila, Campbell, Collins, Crescent, Diamond, Erem, H.K. Porter, Kahnetics, Lufkin
Metromex, Nicholson, Plumb, Weller, Wire-Wrap, Wiss, Xcelite, COOPER LIGHTING – Ametrix, AtLite, Corelite, DLS, Edison, Emerald, Fail-Safe, Halo, Invue, Iris
Lumark, Lumiere, McGraw-Edison, Metalux, MWS, Neo-Ray, Portfolio, Regent, RSA, Shaper, Streetworks, Sure-Lites, COOPER MENVIER – Capri, CEAG, Coope
Fire, Crompton, Fulleon, JSB, Luminox, MEDC, Menvier, Nugelec, Pretronica, Regalsafe, SAFEPATH, Scantronic, Univel, Wheelock, COOPER POWER SYSTEMS
– Aries, Cannon Technologies, Combined Technologies, Cybectec, Cooper Power Systems, Edison, ELF, EMSA, Envirotemp, EnviroTran, EnviroVR, FR3, Kearney
Kyle, NOVA, MagneX, McGraw-Edison, NX, NX Companion, Storm Trapper, UltraSIL, VariStar, VariGap, X Limiter, COOPER POWER TOOLS – Airetool, Apex, Cleco
Automated Systems, DGD, Dotco, Gardner-Denver*, MasterPower, Quakenbush, Recoules, Rotor Tool, Utica, COOPER WIRING DEVICES – Aspire, Aspire RF, Coope
Wiring Devices, Hart-Lock, Media Sync, Mobile X-Ray, Novitas, Power-Lock, Royer, Shock Sentry, Siena, SurgBloc, AutoGrip, Safety Grip, Microset, Antares, Coope
Sedna, Screw-Catch, Eagle, Arrow-Hart, WeatherBox, G-Tool, Quickeze, Super Plug, COOPER B-LINE – Access Cabinets, B-Line, Cent-R-Rail, Dura-Cooper, Dura
Green, E2 & Design, Enviroshield, Kwik Wire, RCM+, Redi-Rail, Ruff-In Willsher & Quick, COOPER BUSSMANN – B&S, Buss, Bussmann, Coiltronics, Cubefuse
Edison, Eletromec, ELF, easyID, Fusetron, Karp, Limitron, Low-Peak, Magnum, Mercury, Optima, Polysurg, PowerStor, TransX, COOPER CROUSE-HINDS – Arktite
Cam-Lok, CEAG, Champ, Condulet, Crouse-Hinds, Domex, Ex-Cell, eXLink, G&H, MEDC, Mini-Line, Myers, NexT, Nortem, Posi-Break, Posi-Lok, PowerPlus, Spec
1 Fire, WPI COOPER HAND TOOLS – Atila, Campbell, Collins, Crescent, Diamond, Erem, H.K. Porter, Kahnetics, Lufkin, Metromex, Nicholson, Plumb, Weller
Wire-Wrap, Wiss, Xcelite, COOPER LIGHTING – Ametrix, AtLite, Corelite, DLS, Edison, Emerald, Fail-Safe, Halo, Invue, Iris, Lumark, Lumiere, McGraw-Edison
Metalux, MWS, Neo-Ray, Portfolio, Regent, RSA, Shaper, Streetworks, Sure-Lites, COOPER MENVIER – Capri, CEAG, Cooper Fire, Crompton, Fulleon, JSB, Luminox
MEDC, Menvier, Nugelec, Pretronica, Regalsafe, SAFEPATH, Scantronic, Univel, Wheelock, COOPER POWER SYSTEMS – Aries, Cannon Technologies, Combined
Cooper Industries, Ltd.
P.O. Box 4446
Houston, Texas 77210-4446
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