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COOPER B-Line Cooper B-Line manufactures cabling support and routing products for a variety of markets "Cooper B-Line is focused on growth through new products, new markets and continued penetration of existing market segments.
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elOvk Page 22 of 84 Table of Contents $24 0 million, respectively Excluding the restructuring charges in both years, the increase in Electrical Products segment earnings was primarily due to the improvement in margins as a result of cost reduction and productivity actions targeting manufacturing costs The favorable impact of these actions was partially offset by increased insurance, pension and employee benefit expenses and investments in sales and marketing initiatives Tools & Hardware segment operating earnings were $39 4 million for 2003, compared to $14 6 million for 2002 Return on revenues was 5 6% in 2003, compared to 2 3% in 2002 Included in Tools & Hardware segment earnings for 2003 was a net $0 4 million favorable adjustment reflecting the reversal of excess 2002 restructuring charges partially offset by 2003 restructuring charges Tools & Hardware segment earnings for 2002 included restructuring charges of $12 7 million Absent the impact of restructuring charges in both years, the increase in Tools & Hardware segment earnings largely reflects the increase in revenues and the impact of Cooper's cost control and manufacturing rationalization efforts, partially offset by unfavorable product mix and higher insurance, pension and employee benefit expenses Restructuring During the fourth quarter of 2003, Cooper recorded net restructuring charges of $16 9 million, or $13 6 million after taxes ($ 14 per diluted common share) This represented costs associated with restructuring projects undertaken in 2003 of $18 4 million, partially offset by a $1 5 million adjustment of estimates for restructuring projects initiated in 2002 The most significant action included in the charges was an announcement of the closing of Cooper Wiring Devices' manufacturing operations in New York City This action will include the withdrawal from a multiple-employer pension plan Cooper recorded a $12 5 million obligation as an estimate of Cooper's portion of unfunded benefit obligations of the plan The remaining $5 9 million charge primarily represents severance for announced employment reductions at several locations The 2003 net impact of the charges was $16 4 million on the Electrical Products segment, $(0 4) million on the Tools & Hardware segment and $0 9 million related to General Corporate As of December 31, 2004 and 2003, Cooper had paid $4 9 million and $2 7 million, respectively, for these actions, all of which was for severance costs A total of 114 salaried and 150 hourly personnel were eliminated as a result of these actions A total of 106 personnel were terminated as of December 31, 2003 and the remainder terminated in 2004 The majority of the remaining severance obligation was paid in the first half of 2004 The multiple-employer pension obligation is expected to be paid over 15 years, beginning in 2005 Cooper estimates the annual savings from the personnel reductions was approximately $6 million, (net of the anticipated additional employees added in lower-cost regions) with most of the savings beginning in the first quarter of 2004 The savings from the withdrawal from the multiple-employer pension plan are approximately $1 million per year and are expected to begin in 2006 The majority of the eliminated costs previously were reflected as cost of sales In 2001, Cooper accrued $35 million reflecting the contractual amount due to financial advisors associated with Cooper's strategic alternatives review Cooper paid $5 million to the advisors in the 2001 fourth quarter and $15 7 million during 2002, leaving a balance of $14 3 million payable upon the occurrence of certain events During the second quarter of 2003, the terms of the agreements with the financial advisors expired with the contingent events that required payment not occurring Accordingly, the accrual was reversed and reflected as a $14 3 million negative restructuring charge ($8 6 million, net of taxes) on the consolidated income statement Restructuring activity for 2003 totaled $2 6 million consisting of the fourth quarter net restructuring charge of $16 9 million, less the $14 3 million negative restructuring charge During the fourth quarter of 2002, Cooper committed to (1) the closure of ten manufacturing facilities, (2) further employment reductions to appropriately size Cooper's workforce to market conditions, and (3) the write-off of assets related to production rationalization activities These actions were taken as a 18 Bn http //www sec gov/Archives/edgar/data/1141982/000095012905001490/h22660e 10vk.htm 2/6/2006
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elOvk Page 79 of 84 Table of Contents COOPER INDUSTRIES, LTD.
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Compliance List of Automotive Safety Devices For Three-Year Period 2001-2004 Section 10--Friction Material FEBRUARY 8, 2005 Automotive Manufacturers Equipment Compliance Agency, Inc.
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BRAKE FRICTION MATERIAL NUMBER EXP1R APPL# 040616 040616 030932 030182 040632 020490 040129 040129 030116 020624 030601 030601 021085 020491 030883 021105 021013 021084 021083 020470 020470 020470 020470 020471 020471 030072 020830 020488 020488 021110 021090 021090 021089 021089 021090 021090 020682 030292 040632 040632 040112 030576 021091 020491 020491 021085 020491 021086 021091 020487 020487 020491 0.1 08 01 08 01 07 07 06 01 08 07 05 07 07 07 07 07 06 07 05 07 06 07 06 01 06 07 05 01 07 01 06 01 06 07 05 07 05 07 05 07 05 07 05 07 05 07 05 07 05 01 06 07 05 07 05 07 05 07 05 01 06 01 06 01 06 01 06 01 06 01 06 07 05 07 06 01 08 01 08 07 07 07 06 01 06 07 05 07 05 01 06 07 05 01 06 01 06 07 05 07 05 07 05 02700 02700 36100 80870 80025 00950 00950 00950 00950 00950 00950 00950 00950 00950 10725 10700 01100 67620 67620 72625 72625 72625 72625 72625 72625 78250 78250 00950 00950 36337 00950 00950 00950 00950 00950 00950 37750 00950 80025 80025 00950 00950 00950 00950 00950 00950 00950 00950 00950 00950 00950 00950 5/6/2005 MARKINGS DM 343 EE DM 343 EE DNA 18 FF DON 8276 FF DPI 100 EE DSM 1001 FF DSM 1003 EE DSM 1003 EE DSM 1007 EE DSM 1008 EE DSM 1009 FF DSM 1010 FF DSM 1012 EE DSM 1014 GG DSX SMI2 EE DSX SMI3 EE DURA 597 FF DURA 777M EE DURA 777SD EE DURALAST GOLD 1000 FE DURALAST GOLD 1000 FE DURALAST GOLD 2000 FE DURALAST GOLD 2000 FE DURALAST GOLD 3000 EE DURALAST GOLD 3000 EE DW T20 FF DW T23 FF E 88A FF E 88A FF EBC E344 GF EES 1100 FE EES 1101 FE EES 500 GG EES 501 GG EES 700 FE EES 701 FE EFI E365 GF EHD 9000 FF EIS 1001 EE EIS1111EE EIS 45OX FF EIS 670 EE EIS ADM 107 EE EIS ADM111 GG EIS ADM111 GG EIS AMS113 EE EIS AMS116GG EIS AMS 120 EE EIS AMS121 EE EIS AMS145 FF EIS AMS 145 FF EIS AMX106 GG SECTION 10-32
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BRAKE FRICTION MATERIAL NUMBER EXPIR APPL # 050253 050253 050253 050253 050253 050065 050253 07 08 07 08 07 08 07 08 07 08 01 08 07 08 01100 01100 01100 01100 01100 47650 01100 5/5/2005 MARKINGS XC 103 FF XCM 103 FF XCR 103 FF XDQ 103 FF ZLX 9000 FF ZSPHC303 FF ZX 199 FF SECTION 10-8
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From Dust to Dust: Asbestos & The Struggle for Worker Health and Safety at Bendix Automotive Robert Storey and Wayne Lewchuk, Labour/Le Travial, 45 (Spring 2000): 103-140.
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INTERROGATORY NO. 97; For each subpart of Interrogatory No. 96 to which your answer is "Yes," identify each and every person serving in such capacity and- (a) state the trade organization, association or entity for which such service was rendered, (b) specify the capacity of service, including identifying any specific committee, subcommittee or other trade organizations, associations or entities involved; and, (c) state the applicable dates of service.
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-<* ACADEMIC PRESS Available online at www.sciencedirect.com SCIENCE DIRECT* Regulatory Toxicology and Pharmacology 38 (2003) 71-77 -Regulatory Toxicology and Pharmacology wwwxkevkr.comllocste/yTtph Reduction of the biological potential of chrysotile asbestos arising from conditions of service on brake pads Arthur M.
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OCT -- i -- si THU 1 4 : 2 E CERTIFIED B E H E E S TENNESSEE HSKVHdikloa B0003M < HVinfli R .
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NEW AO R-2000
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FRICTION MATERIALS STANDARDS INSTITUTE, INC. 588 MONROE TURNPIKE, MONROE, CT 06468 MINUTES OF THE ANNUAL MEMBERSHIP MEETING OF THE FRICTION MATERIALS STANDARDS INSTITUTE.
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FILE NAME: RT Vanderbilt (RTV) DATE: 2000 Mar 2 DOC#: RTV056 DOCUMENT DESCRIPTION: Legal - Deposition of Julius Nemeth file:///J|/Depo Import 2/NEMETH 03-02-00.TXT 1 IN THE CIRCUIT COURT OF JACKSON COUNTY, MISSOURI 2 AT KANSAS CITY 3 PAUL JAMES MARFICE, ET AL.,) 4 ) Plaintiffs, ) 5 -v- ) ) Case Number 6 ) 99 CV 206658 A .P .
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FILE NAME: RT Vanderbilt (RTV) DATE: 2006 July 21 DOC#: RTV236 DOCUMENT DESCRIPTION: Vanderbilt Documents from Margaret Baumgardner C laims R esolution Ma nage me nt C orporati on VIA FEDERAL EXPRESS July 21,2006 Lawrence Madeksho Law Offices of Lawrence Madeksho 8866 Gulf Freeway, Suite 440 Houston, TX 77017 MARGARET ].
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