Sponsored
Sponsored
Making its first acquisition in indirect fluorescent lighting, Cooper Industries, Inc., Houston, Texas, purchased the assets of Brooklyn, N.Y.-based Neo-Ray Products, Inc. Terms were not disclosed.
Neo-Ray manufactures direct/indirect fluorescent lighting products. The business, which employs 130 people and had 1998 revenues of $22 million, will become part of Cooper Lighting and will place the company among the leaders in indirect lighting, says John Riley, president, chairman and chief executive officer for Cooper Industries.
Sponsored Recommendations
Sponsored Recommendations