Document K6QvmgbMQ35QwJqbJ51g5LJJX
COOPER INDUSTRIES, INC. PRODUCTS, MARKETS AND DISTRIBUTION METHODS BY SEGMENT - (Continued)
ELECTRICAL PRODUCTS
Major Markets
Fuses and circuit protection products are sold to end-users in the construction, industrial, automotive and consumer markets and to manufacturers m the electrical, electronic, telecommunications and automotive industries Lightmg fixtures are utilized m residential construction, industrial, institutional and commercial building complexes, shopping centers, parking lots, roadways, and sports facilities Electrical power products are used by utilities and significant commercial and industrial power users Electrical construction matenals are used m commercial, residential and industrial projects, by utilities, airports and wastewater treatment plants and in the process and energy industries Emergency lightmg, fire detection and security systems are installed m residential, commercial and industrial applications Support systems and enclosures are used in industrial, commercial and telecommunications complexes Wiring devices are used m the construction, renovation, maintenance and repair of residential, commercial, industrial and institutional buildings
Principal Distribution Methods
Products are sold through distributors for use m general construction, plant maintenance, utilities, process and energy applications, shoppmg centers, parking lots, sports facilities, and data processmg and telecommunications systems, through distributors and direct to manufacturers for use m electronic equipment for consumer, industrial, government and military applications, through distributors and direct to retail home centers and hardware outlets, and direct to original equipment manufacturers of appliances, tools, machinery and electronic equipment
TOOLS AND HARDWARE
Major Markets
Power tools and assembly systems are used by general industrial manufacturers, particularly durable goods producers and original equipment manufacturers, such as those m the aerospace and automobile industries Hand tools are used in a variety of industrial, electronics, agricultural, construction and consumer applications
Principal Distribution Methods
Products are sold through distributors and agents to general industry, particularly automotive and aircraft, through distributors and wholesalers to hardware stores, home centers, lumberyards, department stores and mass merchandisers, and direct to original equipment manufacturers, home centers, specialty stores, department stores, mass merchandisers and hardware outlets
ITEM 3. LEGAL PROCEEDINGS
Cooper is subject to various suits, legal proceedings and claims that arise m the normal course of business While it is not feasible to predict the outcome of these matters with certainty, management is of the opmion that then ultimate disposition should not have a future additional material adverse effect on Cooper's financial statements.
In October 1998, Cooper sold its Automotive Products business to Federal-Mogul Corporation ("Federal-Mogul") These discontmued businesses (including the Abex product lme obtained from Pneumo-
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