Cooper Industries Acquires Wheelock, Inc.; Manufacturer of Fire Security and Safety Products.HOUSTON -- Cooper Industries Cooper Industries NYSE: CBE is one of the oldest large companies in the United States, having been founded in 1833 as a partnership in Mount Vernon, Ohio. Incorporated in Ohio as The C. & G. , Ltd. (NYSE NYSE See: New York Stock Exchange :CBE CBE Commander of the Order of the British Empire (a Brit. title) CBE n abbr (= Companion of (the Order of) the British Empire) → título de nobleza CBE n abbr (= ) today announced the acquisition of Wheelock, Inc., a designer and manufacturer of fire safety and emergency incident communications systems and devices. Based in Long Branch, N.J., Wheelock is a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. with 2005 annual revenues of approximately $46 million. Financial terms were not disclosed. Wheelock manufactures a comprehensive fire notification product line that includes electronic strobe strobe n. 1. A strobe light. 2. A stroboscope. 3. A spot of higher than normal intensity in the sweep of an indicator, as on a radar screen, used as a reference mark for determining distance. horns, mini-horns, strobes, speakers and speaker strobes, and power supplies. The company also manufactures communication systems that combine background music, messaging, and emergency voice evacuation and telephone zone paging for military bases, retail establishments, factory and warehouse operations, and campus environments. Wheelock becomes part of Cooper Menvier, which is based in the United Kingdom. With the acquisition, Cooper Menvier gains complementary capabilities to enhance its core product offerings in fire safety and security detectors, panels and signaling devices, including strobes, sounders, call points and bells. Additionally, Wheelock provides Cooper Menvier with UL-approved products. "With its strong history of innovation, Wheelock provides a strategic extension to our European portfolio with products specifically designed and manufactured for the U.S. market," said Cooper Industries Chairman and Chief Executive Officer Kirk S. Hachigian. "We can now offer an even broader range of products that meet UL, IEC (International Electrotechnical Commission, Geneva, Switzerland, www.iec.ch) An organization that sets international electrical and electronics standards founded in 1906. It is made up of national committees from over 60 countries. IEC - International Electrotechnical Commission and other major electrical standards to customers and distributors in our international distribution network, including the multi-standard Asia and Middle East markets. This acquisition augments our global reach with new Cooper products that meet fire safety, electronic security and emergency lighting requirements for every region of the world." About Cooper Menvier Cooper Menvier manufactures fire detection systems, emergency lighting and security equipment for industrial and commercial buildings in Europe, the Middle East and the Asia Pacific Rim. Headquartered in Royal Leamington Spa Royal Leamington Spa (lĕm`ĭngtən), town (1991 pop. 42,953), Warwickshire, central England, on the Leam River, a tributary of the Avon. The town, with its mineral springs, is primarily a health resort largely of 19th-century growth. , England, Cooper Menvier operates manufacturing, sales and distribution facilities across Europe. About Cooper Industries Cooper Industries, Ltd. is a global manufacturer of electrical products and tools, with 2005 revenues of $4.7 billion, approximately 30 percent of which are international sales. Incorporated in Bermuda with administrative headquarters in Houston, Cooper employs approximately 29,000 people and operates nine divisions: Cooper B-Line, Cooper Bussmann, Cooper Crouse-Hinds, Cooper Hand Tools, Cooper Lighting, Cooper Menvier, Cooper Power Systems, Cooper Power Tools and Cooper Wiring Devices Cooper Wiring Devices is a division of Cooper Industries and provides a wide range of residential, institutional and industrial specification grade electrical devices for consumers and building contractors. External links
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