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    1. Green Market

    Genlyte invests in fiber

    Feb. 1, 2003
    Genlyte Thomas Group LLC, Louisville, Ky., staked its claim in the fiber-optic lighting market last week when it agreed to form a joint venture with Fibre

    Genlyte Thomas Group LLC, Louisville, Ky., staked its claim in the fiber-optic lighting market last week when it agreed to form a joint venture with Fibre Light International in Queensland, Australia.

    Genlyte Thomas Group will own an 80% stake in Fibre Light U.S., which will have exclusive rights to all Fibre Light International products in North America, the Caribbean and other territories. Genlyte Thomas Group will acquire about 8% of the voting shares of Fibre Light International and will receive a seat on Fibre Light's board of directors.

    Fibre Light International, based in Burleigh Heads, Queensland, Australia, is in the business of commercializing fiber-optic lighting technology.

    About the Author

    Doug Chandler | Senior Staff Writer

    Doug has been reporting and writing on the electrical industry for Electrical Wholesaling and Electrical Marketing since 1992 and still finds the industry’s evolution and the characters who inhabit its companies endlessly fascinating. That was true even before e-commerce, LED lighting and distributed generation began to disrupt so many of the electrical industry’s traditional practices.

    Doug earned a BA in English Literature from the University of Kansas after spending a few years in KU’s William Allen White School of Journalism, then deciding he absolutely did not want to be a journalist. In the company of his wife, two kids, two dogs and two cats, he spends a lot of time in the garden and the kitchen – growing food, cooking, brewing beer – and helping to run the family coffee shop.

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