The 2020 Mid-Year Economic Update_long

Cooper Industries Buys S. Korean Supplier

Cooper Industries, Ltd., Houston, TX, has acquired Hyundai Explosion-Proof Electric Company, a South Korea-based manufacturer of explosion-proof electrical equipment.
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HEPEC specializes in explosion-proof Glass Reinforced Plastic lighting, control panels and switchgear and its products are complementary to the current Cooper Crouse-Hinds product offerings.
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The acquisition provides Cooper with increased access to the South Korean market, with its strong shipbuilding industry and where significant investment to upgrade domestic energy and petrochemical infrastructure is underway.
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The HEPEC acquisition is the eighth deal announced by Cooper in 2007.

Cooper Industries is a global manufacturer with 2006 revenues of $5.2 billion, about 85% ...

Cooper Industries, Ltd., Houston, TX, has acquired Hyundai Explosion-Proof Electric Company, a South Korea-based manufacturer of explosion-proof electrical equipment.
&nbsp ;
HEPEC specializes in explosion-proof Glass Reinforced Plastic lighting, control panels and switchgear and its products are complementary to the current Cooper Crouse-Hinds product offerings.
&nbsp ;
The acquisition provides Cooper with increased access to the South Korean market, with its strong shipbuilding industry and where significant investment to upgrade domestic energy and petrochemical infrastructure is underway.
&nbsp ;
The HEPEC acquisition is the eighth deal announced by Cooper in 2007.

Cooper Industries is a global manufacturer with 2006 revenues of $5.2 billion, about 85% of which are from electrical products.

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