Latest from Green Market

Sponsored

U.S. Industries to acquire Dual-Lite

March 1, 2003
Bolstering its position in the emergency lighting market, U.S. Industries Inc., Iselin, N.J., agreed to purchase Dual-Lite, Cheshire, Conn., from SPX

Bolstering its position in the emergency lighting market, U.S. Industries Inc., Iselin, N.J., agreed to purchase Dual-Lite, Cheshire, Conn., from SPX Corp. Financial terms were not disclosed.

U.S. Industries said it expects to complete the transaction by April 1. U.S. Industries has had a presence in emergency lighting products through Prescolite, which is part of U.S. Industries' subsidiary, Lighting Corp. of America, but the addition of Dual-Lite, considered a premier emergency-lighting brand, will significantly strengthen USI's offering in that category, said several lighting industry observers. Dual-Lite, with about $51 million in annual sales, markets products under the Dual-Lite, EZ-2, Spectron and Liteforms brands.

The sale of Dual-Lite was the subject of much speculation, particularly after SPX took Dual-Lite out of the EGS Electrical Group and operated the company under its General Signal subsidiary. News of the sale did not surprise some manufacturers' representatives for Dual-Lite, who said they expected Dual-Lite to be sold because the EGS Electrical Group did not have a broad lighting package outside of Appleton's hazardous-location lighting products and Dual-Lite's products.

About the Author

Doug Chandler | Senior Staff Writer

Doug has been reporting and writing on the electrical industry for Electrical Wholesaling and Electrical Marketing since 1992 and still finds the industry’s evolution and the characters who inhabit its companies endlessly fascinating. That was true even before e-commerce, LED lighting and distributed generation began to disrupt so many of the electrical industry’s traditional practices.

Doug earned a BA in English Literature from the University of Kansas after spending a few years in KU’s William Allen White School of Journalism, then deciding he absolutely did not want to be a journalist. In the company of his wife, two kids, two dogs and two cats, he spends a lot of time in the garden and the kitchen – growing food, cooking, brewing beer – and helping to run the family coffee shop.

Sponsored Recommendations