Tivoli, Targetti in US joint venture

Santa Ana, CA-based Tivoli Industries Inc. and Targetti Sankey SpA of Florence, Italy, will create a jointly-owned US lighting fixtures company, called Targetti USA LLC. The enterprise will manufacture, market, and distribute a range of energy-efficient, low-voltage, original-design lighting solutions nationwide, at moderate price points, the firms report.

Terrence C. Walsh, chairman and CEO of Tivoli, will be chairman and CEO of Targetti USA, and the new entity will initially be hous

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