Joel and Ruth Spira founded Lutron Electronics Company, Inc. in 1961. Lutron's first product was called a "dimmer switch" and represented the world's first solid-state electronic device used to dim lights in a home, replacing bulky rheostats and autotransformers that were inefficient and unattractive. Although Lutron has grown substantially over the past several decades, the company still maintains the feel and personal closeness of a smaller firm, and to this day still operates under the guidance of the company's 5 Principles:

• We Take Care of our CUSTOMER.
• We Take Care of our COMPANY.
• We Take Care of our PEOPLE.
• We Continue to INNOVATE with a HIGH STANDARD OF QUALITY.
• We Always Deliver EXCELLENT VALUE.

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