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In 2023, Progress Lighting had revenue of $187.1 million (Hubbell Lighting had revenue of $515 million in 2022) and the sale amounted to $131 million. With this deal, Hubbel has completed its exit from the lighting industry, retaining only ownership of the Scottish niche brand Chalmit Lighting, specializing in LED hazardous area solutions. [11]
AC power plugs and sockets connect devices to mains electricity to supply them with electrical power. A plug is the connector attached to an electrically-operated device, often via a cable. A socket (also known as a receptacle or outlet) is fixed in place, often on the internal walls of buildings, and is connected to an AC electrical circuit ...
Internationally, the NEMA 5-15P plug and NEMA 5-15R receptacle are the basis for the International Electrotechnical Commission's IEC 60906-2 standard IEC system of plugs and sockets-outlets for household and similar purposes – Part 2: Plugs and socket-outlets 15 A 125 V a.c. and 20 A 125 V a.c. [24]
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Panasonic, then Matsushita Electric, was founded in 1918 by Kōnosuke Matsushita as a vendor of duplex lamp sockets. [27] In the 1920s, Matsushita began regularly launching products. In 1927, he produced a line of bicycle lamps that were the first to be marketed with the National brand name. [28]
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