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Historically, Kirsch was part of the Tools & Hardware segment Effective with the decision to divest this operation, its results were segregated from the continuing Tools & Hardware segment for mtemal management reporting 2001 Segment Operating Earnings Excluding Nonrecurring Charges vs 2000 Segment operating earnings decreased 26% to $505 6 million from $682 7 million m 2000 Excluding the impact of recent acquisitions, segment earnings decreased 27% from the prior year Electrical Products segment operating earnings declmed 25% to $437 0 million from $585 0 million in 2000 Excludmg the incremental effect of acquisitions, segment operating earnings were down 27% compared to the prior year The reduction m operatmg earnings reflects lower sales volume, competitive market conditions and manufacturing inefficiencies resulting from adjustmg production levels to match demand As a result, return on revenues was 12 5% m 2001 compared with 16 0% in 2000 Excludmg recent acquisitions, the return on revenues was 12 9% m 2001 compared with 16 0% in 2000 The Tools & Hardware segment operating earnings were $68 6 million compared to $97 7 million m 2000 Segment earnings for 2001 were impacted by lower revenues and related manufacturing inefficiencies Return on revenues was 9 5% m 2001 compared to 12 2% in 2000 2000 vs 1999 Segment Operating Earnings Excluding Nonrecurring Charges Segment operating earnings grew 11% to $682 7 million in 2000 compared to $614 6 million m 1999 Excluding the impact of acquisitions, segment earnings in 2000 were up 1% over 1999 The Electrical Products segment operatmg earnings rose 13% to $585 0 million from $516 7 million for 1999 Excludmg acquisitions, segment earnings were up 1% compared to 1999 The earnings increase was driven mainly by strong demand for circuit protection products from telecommunications and electronic markets and productivity improvements across most busmess units This mcrease was partially offset by the slower demand for hazardous duty construction materials Excludmg acquisitions, return on revenues for the Electrical Products segment was 17 0% m 2000 compared with 16 9% m 1999, reflecting Cooper's continued focus on cost reduction and efficiency improvements The Tools & Hardware segment operatmg earnings were $97 7 million compared to $97 9 million m 1999 Acquisitions contnbuted 2% to operatmg earnings in 2000 compared to 1999 Earnings for 2000 were impacted by shghtly lower revenues and expenses related to plant consolidations and other rationalization activities Excludmg acquisitions, return on revenues was 12 1% m 2000 as Cooper contmued to rationalize its Tools & Hardware operations Nonrecurring Charges During the fourth quarter of 2001, Cooper committed to the consolidation or closure of certain Electrical Products segment facilities and recorded a provision for severance and other related costs of these announced actions of $7 1 million In addition, the Company concluded during 2001 that various Electrical Products segment assets comprising $8 5 million of net book value provided no future benefit to Cooper and were therefore fully impaired Also during the 2001 fourth quarter, Cooper recorded a charge of $8 4 million to provide for the costs of assimilation of certain separate product lmes rendered partially duplicative as a result of previous Electrical Products segment business acquisition activities The 2001 fourth quarter nonrecurring charge for the Electrical Products segment totals $24 0 million During the fourth quarter of 2001, Cooper recorded a General Corporate nonrecurring charge of $50 1 million Cooper concluded that the net book values of certain software, hardware and other technology investments were impaired, m consideration of ongomg refinement and development of Company information and technology systems capabilities Also during the 2001 fourth quarter, Cooper provided for the costs associated with performing the Company's review of strategic alternatives 15
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elOvk Page 63 of 84 Table of Contents COOPER INDUSTRIES, LTD.
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Gleason ATTORNEY/CLIENT COMMUNICATION PRIVILEGED AND CONFIDENTIAL ---------------------------------------------------------------------------------------- BY UPS September 16, 2008 The Gleason Works ------------------------------ 1000 University Avenue p 0 Box 22970 Rochester.
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From (613)' 991-5726 ' ^< : - Order # 02983125DP02353685 Tue 3ul 23 20:52:50 2002 Page 2 of 32 UUnistrerxwrel Pttlbulogy, 26:55-65. 2002 CejwrijtUt fc 2092 Taylor & Francis 0l9l"-313,TO 5I2.W I .00 f.
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FRICTION MATERIALS STANDARDS INSTITUTE, INC. 588 MONROE TURNPIKE, MONROE, CT 06468 MINUTES OF MEETING OF THE BOARD OF DIRECTORS Saturday, June 3, 2000 Ocean Reef Club Ksy Largo, Florida DIRECTORS PRESENT Rob Burgess Martin Chevalier Richard Cross Don Delvy Michael Greenberg Pat Healey Ralph Neil Robert Scott DIRECTORS MISSING Paul Myers OTHERS PRESENT Walt Britland, President Tim Duncan Gilbert N.
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From: To: Sent: Subject: Attachments: Fletcher, Steven G CIV NAVSEA HQ, SEA 05 Hunstad, Mary P CIV NAVSEA HQ, SEA 05 (mary.hunstad@navy.mil); Berkoski, Daniel T CIV NAVSEA, SEA 05 11/1/2016 10:38:50 AM OUSD PFOA Memo 2008 AFFF PFOA DoD l&E memo.pdf v/r, Steve Fletcher, P.E.
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she nominated a Negro to West Washam Jr., Santa Cruz, Calif., Point
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A R X & 'O o i CAS Number 1763-23-1, 29081-56-9, 70225-14-8, 2795-39-3, 29457-72-5 / 3M Company / 4/27/2000 l Voluntary Use and Exposure Information Profile Perfluorooctane Sulfonic Acid and Various Salt Forms I.
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ARox-oisy Attachments to Letter to C.
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EPA Submissions____________________________________________________________ August 31, 2000_____________________________________________________________ Cover Letter to Charles Auer (EPA) from Bill Weppner (3M) with attachment ______ sheets________________________________________________________________ PFOS______________________________________________________________________ ______ Medical Surveillance and Epidemiologic_________________________________ Interim Report #1, Determination of Serum Half-Lives of Several Fluorochemicals, June 8, 2000 (previously submitted to TSCA 8(e) _____________ docket)________________________________________________________ Data regarding general population OUS blood samples analyzed _____________ by 3M's Environmental Lab in 1999 (no report prepared)_______________ ______ Acute Toxicity________________________________________________________ Report by WARF Institute and accompanying documentation, Primary Skin Irritation and Primary Eye Irritation in Albino Rabbits, Sample _____________ T-1117 (FC-95) November 7, 1974_______________________________ Final Report, Acute Ocular Irritation Test with T-2997CoC in Albino Rabbits, Safety Evaluation Lab and Riker Labs Study No. 0882EB0009, 3M Reference No.
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