Matsushita to Buy Universal Lighting

Universal Lighting Technologies, Nashville, Tenn., has been sold to Matsushita Electric Works Ltd. (MEW), a subsidiary of Matsushita Electric Industrial Co. and owner of the Panasonic line of ballasts.

Universal Lighting Technologies manufactures electronic and magnetic ballasts for fluorescent and HID lighting as well as a full offering of dimming ballasts and controls for all lighting applications. Universal Lighting Technologies generates annual revenues of approximately $300 milli

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