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Acuity Brands
-5.15%
Industry & manufacturing / Lighting
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Acuity Brands is a leading provider of innovative lighting and building management solutions around the world. Founded in 2001, the company is headquartered in Atlanta, Georgia and has operations in North America, Europe, and Asia. Acuity Brands is committed to creating energy-efficient, sustainable, and intelligent lighting and controls systems for commercial, industrial, and residential spaces.
The company’s portfolio includes well-known brands such as Lithonia Lighting, Holophane, Gotham, and Sensor Switch. These brands offer a wide range of lighting products, including LED lights, indoor and outdoor fixtures, and smart lighting controls.
Acuity Brands’ mission is to transform the way people live, work, and play by creating smarter, more sustainable spaces. The company uses cutting-edge technology and innovation to provide reliable, high-quality lighting solutions that save energy, reduce costs, and enhance the overall user experience.
Acuity Brands is also known for its commitment to environmental sustainability. The company is a leader in energy efficiency and has received numerous awards for its sustainable initiatives. Acuity Brands is also dedicated to social responsibility and is a strong advocate for diversity, inclusion, and community engagement.
Overall, Acuity Brands is a respected and influential player in the lighting industry, known for its high-quality products, commitment to sustainability, and dedication to improving people’s lives through innovative lighting solutions.
1. Leader in the Lighting Industry: Acuity Brands is considered a global leader in the lighting industry, with a market capitalization of over $4.5 billion and an extensive portfolio of innovative lighting solutions.
2. Extensive Product Portfolio: The company offers a diverse range of lighting and building management products, including luminaires, controls, sensors, and software solutions, catering to various residential, commercial, and industrial applications.
3. Continuous Innovation: Acuity Brands invests heavily in research and development to continually innovate and introduce new and advanced lighting solutions to the market. This commitment to innovation has helped the company maintain its leadership position in the industry.
4. Strong Brands and Partnerships: Acuity Brands has a strong portfolio of well-known and trusted brands, including Lithonia Lighting, Holophane, and Gotham, giving the company a competitive edge in the market. It also has strong partnerships with other leading industry players, such as Google and Amazon, to develop smart lighting solutions.
5. Focus on Sustainability: Acuity Brands is dedicated to sustainability and incorporates this into their products and operations. The company has won numerous awards for its energy-efficient and sustainable lighting solutions, and it has also set targets to reduce its own environmental impact.
6. Strong Financial Performance: Acuity Brands has consistently recorded strong financial performance, with steady revenue and earnings growth. This stability makes it a reliable choice for investors.
7. Emphasis on Customer and Employee Satisfaction: The company places a strong emphasis on ensuring customer satisfaction by providing high-quality products and exceptional customer service. It also prioritizes employee satisfaction and provides development opportunities for its workforce.
8. Community Involvement: Acuity Brands is committed to supporting the communities it operates in through various initiatives and donations, such as its annual Lights for the Cure campaign, which helps raise awareness and funds for breast cancer research.
Acuity Brands is a leading provider of lighting and building management solutions for commercial, industrial, and institutional customers. The company operates through two main business segments:
1. Lighting and Lighting Controls: This segment offers a wide range of lighting products, including LED and conventional lighting fixtures, as well as lighting control systems, sensors, and software solutions. These products are used in indoor and outdoor applications for various industries, such as retail, healthcare, education, and government.
2. Building Management Systems: This segment provides integrated building management solutions that help customers to optimize energy efficiency, reduce maintenance costs, and improve occupant comfort and safety. These solutions include advanced lighting control systems, networked building management systems, and integrated software platforms.
Acuity Brands’ business model focuses on delivering innovative and energy-efficient products and solutions, as well as providing exceptional customer service and support. The company also emphasizes continuous research and development to stay at the forefront of the rapidly evolving lighting and building management industry. Acuity Brands operates globally, serving customers in North America, Europe, and Asia-Pacific regions. Its distribution channels include direct sales teams, distributors, and e-commerce platforms. Additionally, the company has a strong emphasis on sustainability and corporate responsibility, with initiatives in place to reduce its environmental footprint and contribute positively to the communities in which it operates. Overall, Acuity Brands’ business model is based on delivering value to its customers, employees, and shareholders while maintaining a commitment to social responsibility and environmental sustainability.
1. Acuity Brands is one of the largest lighting and building technology companies in North America, with a market presence in over 120 countries.
2. The company was founded in 2001 through a spin-off from parent company, LESCO, Inc.
3. Acuity Brands has over 13,000 employees and generated over $3.5 billion in revenue in 2020.
4. The company’s headquarters is located in Atlanta, Georgia.
5. Acuity Brands has a portfolio of over 50 brands, including well-known names such as Lithonia Lighting, Juno Lighting, and Sensor Switch.
6. The company’s products and solutions are used in a variety of spaces including commercial offices, schools, hospitals, and retail stores.
7. Acuity Brands is committed to sustainability and has received recognition for its efforts in reducing energy consumption and promoting environmentally friendly practices.
8. In 2019, Acuity Brands was ranked #1 in the Large Firm category of the Forbes list of America’s Best Employers for Diversity.
9. The company has a dedicated research and development center, called the Acuity Brands Technology Center, where it tests and develops new lighting and building technology products.
10. Acuity Brands has been named one of Fortune’s World’s Most Admired Companies for nine consecutive years.
11. In addition to lighting and building technology, the company also offers services such as lighting design and personalized solutions for customers.
12. Acuity Brands has partnered with popular smart home platforms, such as Amazon Alexa and Google Home, to offer integrated lighting control options for consumers.
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