LEDVANCE to Close Versailles Factory and Enhance Integration with MLS in North America

LEDVANCE announced that the company will change its manufacturing structure for increasing the integration with its parent company MLS while intensifying the competitiveness of the company in the U.S. and Canada. Meanwhile, LEDVANCE also revealed that its factory in Versailles which produces conventional lighting fixtures will be closed. LEDVANCE has been shifting its production focus from traditional lamps to smart lighting products in the past few years. The acquisition of MLS, the Chinese LED lighting producer, in 2017 has accelerated the transfo...
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