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COOPER INDUSTRIES COMPLETES ACQUISITION OF MOOG AUTOMOTIVE GROUP

 COOPER INDUSTRIES COMPLETES ACQUISITION OF MOOG AUTOMOTIVE GROUP
 HOUSTON, Oct. 5 /PRNewswire/ -- Cooper Industries, Inc. (NYSE: CBE) announced today that it has completed the acquisition of Moog Automotive Group, Inc. from IFINT S.A. of Luxembourg (IFIK.LU).
 Moog Automotive Group is a leading manufacturer of automotive replacement parts for domestic and foreign automobiles and light trucks. It manufactures and markets a broad line of steering, suspension and temperature control products and also distributes a line of foreign replacement parts. Revenues in 1991 were approximately $475 million. Headquartered in St. Louis, Mo., Moog operates 25 manufacturing facilities and has just over 3,000 employees.
 Moog will become part of Cooper's Automotive Products business segment, which includes the recently formed Cooper Automotive organization. Cooper Automotive, also headquartered in St. Louis, markets products under such well-known brand names as Anco(R) windshield wiper blades and arms, Belden(R) automotive wire and cable, Champion(R) spark plugs and igniters, and Wagner(R) brakes and lights.
 Cooper Industries, with 1991 revenues of $6.2 billion, is a diversified, worldwide manufacturer of electrical products, electrical power equipment, tools and hardware, automotive products, and petroleum and industrial equipment.
 -0- 10/5/92
 /CONTACT: Ellen H. Myers, director - corporate communications of Cooper Industries, 713-739-5423/
 (CBE) CO: Cooper Industries, Inc.; Moog Automotive Group, Inc. ST: Texas IN: AUT SU: TNM


SH -- NY056 -- 6557 10/05/92 11:50 EDT
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Publication:PR Newswire
Date:Oct 5, 1992
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