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Cooper Industries was an American worldwide electrical products manufacturer with 2011 revenues of $5.4 billion. Founded in 1833, the company has seven operating divisions including Bussmann electrical and electronic fuses; Crouse-Hinds and CEAG explosion-proof electrical equipment; Halo and Metalux lighting fixtures; and Kyle and McGraw-Edison power systems products. With this broad range of products, Cooper is positioned for several long-term growth trends including the global infrastructure build-out, the need to improve the reliability and productivity of the electric grid, the demand for higher energy-efficient products and the need for improved electrical safety. In 2011 fifty-nine percent of total sales were to customers in the industrial and utility end-markets and forty percent of total sales were to customers outside the United States. Cooper has manufacturing facilities in 23 countries as of 2011. On November 26, 2012, it was announced that the company will be replaced in the S&P 500 index. Cooper Industries was founded in 1833 by brothers Charles and Elias Cooper. The company started as a foundry located in Mt. Vernon, Ohio and was initially called the C&E Cooper Company. Coopers initial product offerings included plows, hog troughs, kettles and stoves. By the mid-nineteenth century, the company had shifted its focus to manufacturing steam engines in hopes of leveraging the countrys growing trend towards rail transportation.