Cooper Tools · Lexington, SC United States
Company Description
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For Cooper Tools, the phrase "what a tool!" is high praise. The unit of Cooper Industries manufactures tools for both the professional and the do-it-yourselfer. Cooper Tools is grouped between Hand Tools and Power Tools. Hand Tools includes standard hardware necessities like hammers, screwdrivers, sockets, and electronics marketed under brand names Campbell, Crescent, Diamond, Lufkin, Weller, and Wiss. Power Tools makes construction and industrial gear such as assembly equipment, DC electric and pneumatic tools, specialized cutters, drills, hoists, universal joints, and screwdriver bits. Used heavily by auto and aerospace OEMs, products come under the Apex, Buckeye, Master Power, Quackenbush, and Utica brand. To read the full description, subscribe now.
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Key Cooper Tools Financials
| Company Type | |
| 2004 Sales (mil.) | $740.7 |
| 2004 Employees | 5,477 |
Cooper Tools Executives
5 executives listed for Cooper Tools's Lexington, SC location.
| Title | Name & Bio | Contact |
| President | Robert Davies | Network |
| VP, Sales | John Gannon | Network |
| Group President, Power Tools and Hand Tools | Gary Masse | Network |
Competition
Competitive Landscape for Cooper Tools
Demand for auto parts is driven by new car sales, which are strongly affected by interest rates, and by the replacement market. Company profitability industry depends partly on the difficulty of manufacturing products and partly on demand volume, since many costs are fixed. Small companies can compete successfully by focusing on a small number of products or some highly technical ones. The structure of the industry is complex, with most smaller companies (referred to as "tier 2" and "tier 3" suppliers) selling parts to larger suppliers (referred to as "tier 1" suppliers), who in turn sell component assemblies or modules to car and truck assemblers such as GM and Ford - collectively called OEMs. To read the full description, subscribe now.Top Cooper Tools Competitors
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