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Lutron Electronics Company, Inc.
Business Summary
Privately-held Lutron Electronics Company, Inc. is a designer, manufacturer, and retailer of lighting fixtures. Lutron light control products range from individual dimmers to total light management systems that control entire building complexes. Some of the larger Lutron light control systems in the U.S. include the 52-story New York Times Building in New York; Lincoln Financial Field in Philadelphia; and the Orange County Convention Center in Orlando. Lutron sales and service offices are located worldwide, with offices in London, Paris, Barcelona, Madrid, Berlin, Sao Paulo, Dubai, Hong Kong, Singapore, Tokyo, Shanghai, and Beijing. Lutron Electronics Company was founded in 1961 by Joel and Ruth Spira. Lutron Electronics headquarters are located in Coopersburg, Pennsylvania.
Overview & Corporate Organization
Basic Information
| Year Founded: | 1961 |
| Formerly Named: | Joel Spira |
| Fiscal Year End: | 12/31 |
| 1YR Revenue Growth Rate: | View % |
| 1YR Employee Growth Rate: | View % |
| City: | Coopersburg |
| State/Province: | Pennsylvania |
| Country: | United States |
| Phone: | View |
| Fax: | View |
| Websites: | www.lutron.com www.lutronstore.com |
| Twitter: | http://www.twitter.com/MelissaAndresko |
Corporate Organization
| Affiliate Companies: | Bang & Olufsen Elan Life|ware Media Decor NetStreams Philips Remote Technologies Incorporated Russound Stewart Filmscreen Corporation Universal Electronics URC |
| Subsidiaries: | |
| Brands: | AMX International, Inc. Bang & Olufsen Control4 Corporation |
| Founders: | Joel Spira Ruth Spira |
Industry Information
PrivCo Industries (Sector > Industry > Sub-Industry)
The PrivCo Industry Classification System™ (PICS) is our proprietary, modernized industry classification system, geared especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.
Competitors & Comparables
Competitors
| Leviton |
| Lightolier Inc. |
| Philips GmbH |
| Siemens PLM Software |
Charts, Financials, and Statistics (Table Format)
Copy & Paste Financials Into Spreadsheet or
| Financial Notes: | |
| * | Lutron Electronics Company, Inc. fiscal year end: 12/31 |
Charts, Financials, and Statistics (Graphs)
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Lutron Electronics Company, Inc. Revenues ($ MM): |
Lutron Electronics Company, Inc. Total Employees: |
Lutron Electronics Company, Inc. Productivity (Revenue/Employee) ($): |
Mergers & Acquisitions
| Date | Status | Target | Buyer | Deal Type | Price | |
| Details | Jan. 2000 | Completed | Virginia Iron and Metal Co. Inc. | Lutron Electronics Company, Inc. | Acquisition | Unspecified |
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Detailed Business Description: Lutron Electronics Company, Inc.
I. Company Overview
Privately-held Lutron Electronics Company, Inc. is a designer, manufacturer, and distributor of lighting fixture systems. Lutron light control products range from individual dimmers to total light management systems that control entire building complexes. Lutron's product portfolio spans several brands, including Dalia Dimmer, digital microWATT, Faedra Dimmer & Switch, Meadowlark, Original GRAFIK 5000 and 6000, Orion, Qoto DImmer & Switch, RadioRA, RP/RPT, Sivoia, and Solaris. A key competitive advantage is Lutron's over 2700 patents. Incorporated in 1961 by Joel and Ruth Spira, Lutron is headquartered in Coopersburg, Pennsylvania.
II. Company Operations
A. Revenues
The bulk of Lutron’s revenues come from sales and installations of its lighting fixture systems. The rest come from subsidiaries’ operations (for instance, subsidiary Subarashii Kudamono manages Asian pear orchards).
B. Costs
Cost of Goods Sold
Lutron’s costs primarily… Continue Reading →
Exhibits
Supplemental Resources
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