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Home > BizTimes Daily > Archives > March 12, 2010
Cooper Power lands contract with We Energies
Published March 12, 2010 - BizTimes Daily
Waukesha-based Cooper Power Systems, a division of Cooper Industries Ltd., today announced it has signed a contract to supply We Energies with a large majority of the Wisconsin-based utility’s electrical transformer product needs through 2014.
Cooper Power Systems employs nearly 2,200 people at facilities throughout southeastern Wisconsin. We Energies has approximately 4,800 employees throughout its Southeastern Wisconsin and Upper Michigan service area.
“This agreement represents joint financial commitments from two major Wisconsin-based employers to help advance the economy of the state,” said Cooper Power Systems group president Mike Stoessl. “It’s a reflection of our efforts to work with We Energies to live up to our corporate commitment of ‘Energy Delivery Reinvented,’ to keep up with the electrical demands of the region, and to shape our new energy economy.”
Stoessl said that the agreement to supply We Energies with single-phase pole-mounted transformers, single-phase pad-mounted transformers, and, three-phase pad-mounted transformers is “not only good for our business, but special for our employees, many of whom are We Energies customers.”
Cooper Power Systems employs nearly 2,200 people at facilities throughout Southeastern Wisconsin.
“This agreement represents one of the many ways We Energies is providing more reliable electric power to our customers, strengthening the electrical energy infrastructure in Wisconsin, reducing our dependency on expensive imported power and continuing to improve the environment,” said Tom Wick, director of electric distribution asset management for We Energies. “We are proud to provide reliable energy for Wisconsin’s growing economy using Wisconsin manufactured equipment.”
Financial terms of the agreement were not disclosed.
