Cooper Industries Ltd., Houston, bought privately held WPI Interconnect Products, Salem, N.J., for about $74.5 million. WPI makes customized connectors and cable assembly products for military, industrial and commercial uses. It had sales of $61 million in its most recent fiscal year. WPI will become part of the Cooper Crouse-Hinds Division .
The acquisition is part of Cooper’s strategy to expand into highly specialized product lines to broaden its existing businesses, the company sai
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