Business Briefs for the Week of Oct. 29, 2007

Nov 2, 2007 9:27 AM

• Aurora, Ohio-based TCP, Inc. recently opened its new global headquarters. The 154,000-square-foot facility houses a two-story office space, warehouse, distribution center, product testing labs, and customer service call center.

• Louisville, Ky.-based GE Consumer & Industrial recently announced it intends to restructure its lighting business to become more competitive and better positioned for global growth in the dramatically changing lighting industry. This restructuring proposal, which would impact plants in Mexico, Brazil, and the United States., is a continuation of structural changes that have occurred over the last year and included facility closures, work transfers, employee reductions, and the sale of operations at GE sites in Europe, China, Indonesia, the United States, Latin America, and India that have impacted more than 3,000 positions.

• Nashville, Tenn.-based Universal Lighting Technologies has entered into an acquisition agreement with Matsushita Electric Works, Ltd. Universal Lighting Technologies will maintain its company name, management team, and full product line.