SavWatt USA, Inc., developer of innovative, energy-efficient and cost-effective LED lighting solutions, announced in August that the company has entered into a Letter Of Intent to acquire 1-800 NY Bulbs (www.nybulbs.com). 1-800 NY Bulbs is a leading regional distributor and maintenance provider of commercial lighting fixtures and lamps. Over ...
Acuity Brands, Inc. opened a new 60,000-square-foot facility for Acuity Brands Canada, combining the company’s lighting and controls offices. Located in Toronto, the new facility includes offices, a warehouse distribution center and a state-of-the art showroom. Twelve offices incorporate a variety of Acuity Brands products to showcase "Smart + ...
With the opening of a newly built factory in Tianjin in northern China, the country’s third largest city, the Zumtobel Group is strengthening its presence in the Asian market. The Thorn factory for road and tunnel lighting, which replaces a much smaller lighting factory, covers some 19,000 square meters and includes a production shop, an admin ...
Alessi, the renowned Italian kitchen and housewares company, announced the availability of a selection of AlessiLux rechargeable LED light bulbs and portable luminaires to the United States market. The first collection in a new period of Alessi research, AlessiLux focuses on the world of lighting in collaboration with the production and ...
The US market has proved successful for Destination Lighting, and its decision to expand the online business came after receiving a constant flow of international inquiries. The company announced a partnership with Bongo International in order to offer their products to consumers in over 220 countries. "Partnering with Bongo to handle the ...
Stanford University has awarded nine faculty seed grants totaling $2.2 million for promising new research in clean technology and energy efficiency. Among the campus organizations funded, the Precourt Energy Efficiency Center (PEEC) – the umbrella organization for energy research and education at Stanford – will explore “The Dynamic Effects ...
Evolucia Inc. replaced the Sunovia Energy Technologies, Inc. corporate name and the SUNV stock ticker, effective August 16, 2012, as announced by Financial Industry Regulatory Authority. The new name and ticker underscores the company’s leadership in the development and commercialization of high-performance LED (light emitting diode) lighting ...
It’s easy to look back at the advent of the Internet or of cell phones and see when prices, market demand and technology improvements converged to make the switch from analog to digital a no-brainer. But forecasting this inflection point ahead of your competitors is what drives success in any business faced with new digital technology. Today ...
The rising environmental consciousness of end-users as well as new energy-efficiency requirements have opened up a large market for energy-efficient lighting equipment in North America. Consumers are eager to not only adopt products that have the least impact on the environment, but also reduce energy consumption. Market analysis and consulting ...
In August, Groom Energy and Greentech Media announced the release of a new commercial and industrial LED lighting research report, "Enterprise LED Lighting 2012: Commercial and Industrial Market Trends, Opportunities and Leading Companies." An update to their previously published 2010 report, the study revises earlier forecasts upward, now sizing ...