The world of big-time mergers and acquisitions continues to impact South Milwaukee companies.
Last year, it was Bucyrus International. Now, it’s Cooper Power Systems, another of the city’s largest employers. It’s being acquired by Eaton Corp.
Check out The Business Journal story here.
Hopefully the acquisition will lay the foundation for future growth in South Milwaukee, just as it appears Caterpillar’s purchase of Bucyrus has. But only time will tell, I guess.
What do you think of the deal? Post your comments below!
South Milwaukee Blog 
Eaton formally a US corp. managed to keep its effective tax rate at 20%, Investors are concerned that this is temporary because there is the wide spread fear that the feds will close this loop hole and raise the effective rate to 35%. To thwart this they move offshore. Eaton Global, now with HQ in Ireland,
The exodus of job creators to foreign entities will continue until this country stops slamming big corporations. They are just trying to maintain sustainability because they can’t afford to borrow 40% of everything they spend, at some point they must make a profit or close the door. You can’t stop this by camping in a public park claiming you’re some sort of victim…….