IDEAL INDUSTRIES Archives | Be Korea-savvy

Ideal Industries, Inc. Chairman and CEO to Retire January 31, 2020

SYCAMORE, Ill., Aug. 20 (Korea Bizwire) — Jim James, Chairman and CEO of IDEAL INDUSTRIES, INC. has announced he will retire on January 31, 2020. Steve Henn, a Group President from Illinois Tool Works (ITW) will succeed Jim as CEO on September 23, 2019. As long planned, Meghan Juday, a fourth generation family executive, will [...]

IDEAL INDUSTRIES, INC. Acquires Cree Commercial Lighting and Intelligent Lighting Control Systems

SYCAMORE, Ill., Mar. 15 (Korea Bizwire) — IDEAL INDUSTRIES, INC. today announced the acquisition of Cree Lighting, which includes the LED lighting fixtures, lamps and intelligent lighting control solutions business for commercial, industrial and consumer applications of Cree, Inc. (CREE – NASDAQ). Cree announced the pending change in ownership in a release earlier this morning. [...]