PowerSecure International Increases Stakes in LED Manufacturers

PowerSecure International Inc., Wake Forest, N.C., a publicly held energy company with interests in the utility/smart grid and lighting retrofit markets, has purchased two LED manufacturers. The company bought a majority stake in Innovative Electronic Solutions Lighting (IES), Morrisville, N.C., and a full stake in EfficientLights, Anderson, S.C., a developer of LED lighting products for grocery store refrigerated cases.

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TAGS: Lighting
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