Home' Border Enterprise : Spring Summer 2010-2011 Contents 25
Vol 3. Summer/Autumn
COOPER Tools, part of Albury's
manufacturing base for 39 years,
has changed its name to Apex
The moves follows its parent
company Cooper Industries forming a new joint
venture with Danaher Corporation in July and
adopting the new name. Cooper Industries and
Danaher will continue to operate separately as
major corporations based mainly in the US while
running the combined global tools business with
revenues in excess of $1.3 billion.
Long-time Cooper Tools managing director
Peter Reynoldson continues to head the 100-
strong workforce at the regional headquarters
and factory in Nurigong Street, South Albury.
The Albury business was established by a
Texas-based corporation, Cooper Industries, in
1971, and was among several new employers
that gave the Albury-Wodonga National Growth
Centre project in 1973 a foundation to build on.
At times it has employed 150 men and
women and several staff have worked there over
The Albury plant produces Lufkin measuring
tapes, Weller soldering irons and stations, Wiss
tin snips and Crescent pliers and screwdrivers.
It is also a local distributor in Australasia for 32
other key brands.
Cooper Tools has long been a sponsor
of many Border sporting and other events,
including the Albury Gold Cup and has been
associated with leading racing drivers Brad
Jones and Craig Lowndes.
Its support for Parklands reflects a history
of support for local environment projects and
innovation in areas such as energy saving and
The business continues to sponsor Parklands'
project in maintaining Albury's Padman and
The new Apex Tool Group employs 7600 staff
across 30 countries including Australia, China
and several European and South American
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