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Leviton Manufacturing Company, Inc. is an American manufacturer of electrical wiring equipment in North America. The company produces electrical outlets including GFCI and USB charging devices , network infrastructure, lighting control systems , load centers and circuit breakers , EV charging stations, and utility submetering .
The company is the successor to both Arrow-Hart & Hegeman and Eagle Electric, both of which Cooper Industries had acquired. The Arrow-Hart brand is still used by Cooper Wiring Devices for some of their commercial products. Cooper Wiring's key competitors today include Hubbell, Leviton, Legrand and Lutron Electronics Company.
Joel Solon Spira (March 1, 1927 – April 8, 2015) was an American inventor, entrepreneur, and business magnate.. He invented a version of the light-dimmer switch for use in homes around the United States and led his Lutron Electronics Company into the production of lighting controllers.
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The company's valuation was estimated to be in the low billions and to have nearly doubled in the last year. X Musk purchased the social media platform Twitter and rebranded it to X in 2022.
The social media star admits “the smartest employees are not the ones that get paid the most.”
In the 1990s, the then husband and wife partners Michael and Karen Sherlock formed the company they named "UFO" in New Mexico to market the Levitron under an oral agreement in partnership with Hones' company, Creative Gifts, Inc. [5] Efforts to formalize the agreement in writing fell apart and grew acrimonious [1] after UFO's principals learned ...
When the company raised $1.78 billion in the summer of 2020, it publicized its new $17.3 billion valuation. The next year, Epic secured another $1 billion and shared it was then worth $28.7 billion.