And a booming voice cried out, "Let there be light," and Acuity Brands replied, "Okay, sure." Acuity Brands, through its subsidiaries, manufactures and distributes a range of indoor/outdoor lighting fixtures and control systems. Applications include residential, as well as commercial and institutional buildings, industrial facilities, and infrastructure projects (highways, airports, and tunnels). Its services provide wireless and network control-based lighting, energy audits, and turn-key labor renovation. The company's 20 plants in the US and Mexico, one in Canada, and two in Europe, turn out some 500,000 offerings under such brands as Holophane, Gotham, Lithonia, ROAM, Sensor Switch, and Tersen.
Sales and Marketing
About 90% of the company's sales are made in the US; Home Depot accounts for more than 10% of sales.
With the painful effects of the recession behind it, Acuity Brands has enjoyed steady growth over the years. From 2011 to 2012 its total sales increased by almost 8%, and its profits jumped by 10%. The company attributes the growth to acquisitions it made during the year, along with increased demand for its lighting products across most product groups. The rise in profits was due to higher operating profit, gains on foreign currency items, and benefits from streamlining its operations.
Acquisitions are also helping Acuity Brands exploit a wide-spectrum of technologies, intended to offer customers a one-stop source. In 2011 the company purchased Sunoptics, a company that specialized in high-performance, prismatic skylights, reported to save customers such as Best Buy, Wal-Mart, and Kroger millions annually in electrical energy costs, as well as CO2 emissions. The addition enhanced Acuity Brands' family of sustainable and energy-efficient products for retail as well as industrial, institutional, and office environments.
Later that year, Acuity Brands obtained Canada-based Pathway Connectivity, a maker of networked data communications and interface equipment used in architectural and entertainment lighting control applications. The deal enabled Acuity Brands to integrate advanced networking products and engineering capabilities with its own traditional lighting products portfolio.
T. Rowe Price Associates owns 14% of the company. – less
11 salaries reported
$59,145 per year
13 salaries reported
$16.47 per hour
7 salaries reported
$13.99 per hour