Eaton Corp. (ETN), Cleveland has agreed to acquire CopperLogic, Inc., a manufacturer of electrical and electromechanical systems. Terms of the deal, which are subject to customary closing conditions, were not disclosed.
According to information on its website, CopperLogic is the exclusive North American representative of Moeller industrial control products and other world class electrical components that power industry. CopperLogic, which has a U.S. office in Houston and a Canadian office in Mississauga, Ontario, also manufactures electrical and electromechanical systems that are designed with, and controlled by the components we sell. CopperLogic was founded in 2004 from Moeller's original U.S. and Canadian sales organizations. Eaton bought Germany's Moeller Group for $2.2 billion in 2008.
In a press statement, said Jerry Whitaker, president—Americas Region, Electrical Sector, said the acquisition of CopperLogic will also bring a portfolio of IEC, CSA and UL assemblies to Eaton. Details
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Jim Lucy Blog
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Jim Lucy has been wandering through the electrical market for more than 30 years, most of the time as an editor for Electrical Wholesaling, Electrical Marketing newsletter and CEE News. During that time he and the editorial team for the publications have won numerous national awards for their coverage of the electrical business. He showed an early interest in electricity, when as a youth he had an idea for a hot dog cooker. Unfortunately, the first crude prototype malfunctioned and the arc nearly blew him out of his parents' basement. Before becoming an editor for Electrical Wholesaling magazine and Electrical Marketing, he earned a BA degree in journalism and a MA in communications from Glassboro State College, Glassboro, NJ., which is formerly best known as the site of the 1967 summit meeting between President Lyndon Johnson and Russian Premier Aleksei Nikolayevich Kosygin, and now best known as the New Jersey state college that changed its name in 1992 to Rowan University because of a generous $100 million donation by N.J. zillionaire industrialist Henry Rowan. Jim is a Brooklyn-born Jersey Guy happily transplanted in the fertile plains of Kansas for the past 20 years.