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Current Lighting Solutions, LLC (formerly Current, powered by GE and GE Current, a Daintree company), trading as Current, is a company that sells energy management systems. It is headquartered in Greenville, SC, U.S. The company appointed Steve Harris as its new Chief Executive Officer, succeeding interim CEO Bill Tolley on May 30, 2023.
The National Electric Light Association's (NELA) formation and activities parallel the history of the U.S. electric industry and early development of energy use via electricity and its role in lighting. Electric lighting started with the use of Arc lamps, soon followed by Thomas Edison and Joseph Swan's incandescent light bulb.
On October 7, 2015, the Commercial division of GE Lighting was separated from the business and a new startup, Current, was created. [9] On July 1, 2020, GE Lighting was acquired by Savant Systems, a home automation company headquartered in Hyannis, Massachusetts, United States. [10] This was General Electric's last consumer business. [11]
Acuity Brands, Inc. is a lighting and building management firm headquartered in Atlanta, Georgia, with operations throughout North America and in Europe and Asia. As of 2024 [update] the company has approximately 12,000 employees and recorded net sales of $3.84 billion for the fiscal year. [ 4 ]
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In 2023, Progress Lighting had revenue of $187.1 million (Hubbell Lighting had revenue of $515 million in 2022) and the sale amounted to $131 million. With this deal, Hubbel has completed its exit from the lighting industry, retaining only ownership of the Scottish niche brand Chalmit Lighting, specializing in LED hazardous area solutions. [11]
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