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Cooper Bussmann
Wayne R. LaBrie
10955 SW Avery Street
Tualatin, OR 97062
E-Mail: wayne.labrie@cooperindustries.com
Web Site: www.cooperbussman.com
Cooper Bussmann is a wholly owned division of Cooper Industries, Inc. (NYSE: CBE) and is headquartered in St. Louis, Missouri, USA. With a more than 90-year history of innovation, the company has set the standard for circuit protection in the global market. Cooper Bussmann manufactures and markets a wide variety of North American and European-styled fuses for the electrical, electronics and transportation industries, plus inductors, transformers for power quality in electronic applications and industrial and mobile wireless solutions. Cooper Bussmann also offers engineering, training and testing services focused on downtime reduction, workplace safety and code compliance. Cooper Bussmann serves five basic markets:
Electrical
- Industrial MRO
- OEM
- Construction/Contractor
Electronics
Wireless
Transportation
Consumer
Cooper Industries was founded in 1833 by brothers Charles and Elias Cooper. The company started as a foundry located in Mt. Vernon, Ohio, and was initially called the C&E Cooper Company. Cooper’s initial product offerings included plows, hog troughs, kettles and stoves. By the mid-nineteenth century, the Company had shifted its focus to manufacturing steam engines in hopes of leveraging the country’s growing trend towards rail transportation. It was during this period that the Company developed the Cooper Traction Engine, an innovation that is credited for helping to power our nation’s move from an agrarian to an industrial society. As the use of steam power declined in the late 1800’s, Cooper again shifted its focus, this time to gas engine technology. By the time the 20th century arrived, Cooper Industries had become the national leader in pipeline compression engines, products that enabled the development of the growing oil and gas industry. This period was also highlighted by the historic merger with Bessemer Gas Engine Company, which is still referenced to this day in Cooper’s stock symbol (CBE). In the 1940’s, Cooper played an integral role in the U.S. World War II effort, supplying engine components that powered almost all of the ships in the Navy’s minesweeper fleet, as well as the famous Liberty Ships, which carried 75% of the cargo used by Allied armed forces. After the war, Cooper again embarked on an effort to diversify itself in a changing world economy. As the company looked to increase its product portfolio, Cooper expanded its offering into electrical products, electrical power equipment, automotive products, tools and hardware. Cornerstone acquisitions during this period included Crouse-Hinds (1981) and McGraw-Edison (1985).
In the last decade of the 20th century, Cooper underwent a period of portfolio rationalization, reducing its exposure to more cyclical industries such as automotive and petroleum. Ultimately, Cooper emerged focused on the two business segments that remain in the portfolio today – Electrical Products Group and Energy and Safety Solutions. As Cooper embarks on an era of operational excellence, it is focusing on a core set of strategic initiatives, improving management practices, strengthening the balance sheet and re-focusing its product portfolio on key technology platforms. As a result, Cooper Industries is well positioned for sustained growth in the years ahead.
Espey Mfg. & Electronics Corp
Michael Kirkowski
233 Ballston Ave.
Saratoga Springs, NY 12866
E-Mail: mkirkowski@espey.com
Web Site: www.espey.com
Espey Mfg. & Electronics Corp is a Power Electronics Design and Original Equipment Manufacturing (OEM) company with a long history of developing and delivering highly reliable products for use in military and severe environment applications. All design, manufacturing, and testing is performed in their 150,000+ square foot facility located in Saratoga Springs, New York. Espey is a small business that is ISO 9001:2008 certified and publicly traded on NYSE Amex (ESP). Espey has been in business for 75 years and continues to be successful through the design and manufacture of new and improved products by using cutting edge and emerging technologies.
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Espey services include design and development to specification, build to print, design services, design studies, environmental testing services, metal fabrication, plating and painting services, and development of automatic testing equipment. Espey manufacturing is vertically integrated and will produce individual components (including inductors), populate printed circuit boards, fabricate metalwork, paint, plate, wire, qualify, and fully test items in house; mechanically, electrically and environmentally.
Espey’s primary products are power supplies, power converters, filters, power transformers, magnetic components, power distribution equipment, ups systems, antennas and high power radar systems. The applications of these products include AC and DC locomotives, shipboard power, shipboard radar, airborne power, ground-based radar, and ground mobile power. Espey is on the eligible list of contractors on the United States Department of Defense and generally is automatically solicited by such agencies for procurement needs falling within the major classes of products produced by the company. Espey contracts with the Federal Government under cage code 20950 as Espey Mfg. & Electronics Corp. and cage code 98675 as Espey Mfg. & Electronics Corp., Saratoga Industries Division.
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