Company Profile
Cooper Power Systems
Company Overview
Cooper Power Systems (CPS) is a division of Cooper Industries, Inc., a USA-based Fortune 500 company with 2005 revenues of US $4.7 billion. With our world headquarters in Waukesha, Wisconsin and other U.S. locations in AR, MS, NY, SC, TX and WI, Cooper Power Systems manufactures equipment, components and systems for distributing and managing electrical energy. Our products are used by electric utility companies in bringing electric power to homes, industries, businesses, and institutions throughout the world.
Company History
Cooper Industries origins extend back more than 170 years to a small iron foundry in Mount Vernon, Ohio, started by brothers Charles and Elias Cooper in 1833. Today, Cooper Industries has become a leading worldwide manufacturer of electrical products and tools and hardware.
For the first 125 years of its history, Cooper was primarily a one-market company, manufacturing power and compression equipment for the transmission of natural gas. In the 1960s, Cooper began to diversify, eventually broadening its product lines to include petroleum and industrial equipment, electrical products, electrical power equipment, automotive products, tools and hardware.
Although diversification served Cooper well for approximately 30 years, the economic realities of the 1990s made it clear Cooper's strategy had to change. To thrive in today's increasingly competitive global marketplace, Cooper began to focus on becoming a larger player in selected markets, selling and spinning off a number of businesses to focus on two core business segments: Electrical Products and Tools.
Benefits
Cooper Power Systems offers an excellent compensation and benefits package, which includes a matching 401(k) plan, tuition reimbursement, and many other benefits.