Partnerships, Acquisitions, & Expansion

• Acuity Brands to Sell Sunoptics Prismatic Skylights Business
  AES Industries, Inc. has entered into an agreement with Acuity Brands Lighting, Inc. to purchase its Sunoptics Prismatic Skylights business. The transaction is expected to close on November 10, 2022.
   
• LEDVANCE Welcomes the Addition of Lightspec Canada Inc as Specification Agency in GTA & Southwestern Region for Ontario, Canada
  LEDVANCE, the maker of SYLVANIA general lighting in the US and Canada, is excited to welcome Lightspec Canada Inc as their specification agency in the GTA & Southwestern Region for Ontario, Canada.
   
• BJ Take Completes a $4.8M Plant Expansion
  BJ Take demonstrated its commitment to increasing manufacturing efficiency and speed to market by completing its $4.8M plant expansion. The expansion plan was developed in 2018 to optimize the factory’s efficiency in the product design, manufacturing and logistical areas.
   
• Lumileds Announces Confirmation of Plan of Reorganization
  Lumileds Holding B.V. has announced that the United States Bankruptcy Court for the Southern District of New York has confirmed the Company’s Plan of Reorganization. Lumileds plans to emerge from the chapter 11 process the week of October 31 following the satisfaction of certain administrative items before the Plan becomes effective. Under the terms of the Plan, Lumileds will complete a comprehensive restructuring transaction which will reduce the Company’s funded debt by approximately $1.4 billion, provide capital to accelerate Lumileds’ growth, and enable further investment in innovation that will allow the Company to pursue additional strategic opportunities.
   
• Leviton Canada is a Recertified Great Place to Work® Company
  Leviton Canada is pleased to announce that they have been named a Great Place to Work-Certified company for the second year in a row following a thorough, independent analysis conducted by Great Place to Work Institute® Canada. This certification is based on direct feedback from employees, provided as part of an extensive and anonymous survey about their workplace experience.