Cooper Lighting, a subsidiary of Cooper Industries plc (CBE), introduced an upgraded version of its outdoor LED LightBAR™ technology. Internally developed at Cooper Lighting's accredited state-of-the-art LED Innovation Center of Cooper Lighting, the new technique has been incorporated in a number of product lines.
The optical performance is outstanding which provides improved lumen output and efficiency. As compared to the traditional High Intensity Discharge (H.I.D.) outdoor lighting sources, the new system offers up to 75% more energy savings.
There has been a high rise in demand for energy with least burden on the environment. The LightBAR™ technology of Cooper Lighting uses AccuLED Optics™ (patented technique), which lays the industry standard for reliable photometric performance, scalability and energy efficiency. The next generation LightBAR technology is available in two versions (7 LEDs and 21 LEDs), three standard color options (3000K, 4000K and 6000K correlated color temperatures (CCT)) and can be used for both new construction applications or to replace inefficient luminaires.
Incorporated in Ireland and headquartered in Houston, Texas, Cooper Industries plc is a diversified manufacturer, marketer, and distributor of electrical products, tools, and hardware. General industrial manufacturers, such as those in the aerospace and automobile industries, are the main users of Cooper’s power tools and assembly systems. Its brands include Buss, Edison, Crouse Hinds, Weller, DGD, Buckeye, Cooper, and Master Power. Major competitors of Cooper industries are ABB Ltd. (ABB), General Electric Co. (GE) and Hubbell Inc..
We continue to maintain a Neutral rating on Cooper Industries, with a Zacks #4 Rank (Sell recommendation) over the next one-to-three months.
ABB LTD-ADR (ABB): Free Stock Analysis Report
COOPER INDS PLC (CBE): Free Stock Analysis Report
GENL ELECTRIC (GE): Free Stock Analysis Report
Get all Zacks Research Reports and be alerted to fast-breaking buy and sell opportunities every trading day.
Be the first to comment