Manufacturers, distributors, and reps are all in the 2023 planning phase, all trying to read the tea leaves for a 2023 forecast. Concurrently some are experiencing a slowdown, some are sensing a slowdown and others are questioning if a slowdown […]
San Jose, Calif.-based Lumileds Holding B.V., a leader in innovative lighting solutions, has entered into a restructuring support agreement (RSA) with its lenders holding a significant majority of the loans outstanding under its prepetition first lien debt facility on the […]
NSI industries has grown significantly over the past few years. Since being acquired by Odyssey Investment Partners in 2019, the company has invested into acquisitions, people, infrastructure, resources and more. A key element is that the company now has three growth […]
During a recent conversation with Frank Hurtte of River Heights Consulting we talked about the acquisition of Risoul by RS Components, who is the parent of Allied Electronics and Automation. Frank specializes in the industrial automation space. As consultants like […]
Los Angeles-based Feit Electric Co., Inc. has acquired the LIFX assets from Lifi Labs, Inc. — including its award-winning and patented smart lighting platform, the custom-built feature-rich app and firmware, product designs, and the LIFX brand. The acquisition elevates Feit Electric’s position in […]
Elemental LED Inc., a leading U.S. manufacturer of linear LED lighting and related products, is significantly expanding its Reno, Nevada factory to enable automation and large-scale manufacturing. “We’ve been building high-quality LED lighting fixtures in Reno since 2017, and we […]
As of July 1, the nonprofit DesignLights Consortium® (DLC) has completed the transition to the newest version of the Solid-State Lighting (SSL) Technical Requirements (V5.1) — a policy designed to increase efficacy and improve quality of light and controllability of […]
The DesignLights Consortium (DLC) will host a July 13 webinar to present the results of last year’s Energy Reporting Working Group and discuss the next steps for DLC energy reporting requirements and guidelines. The DLC requires energy-monitoring capability (with an […]
Last Thursday Acuity released their Q3 earnings report and exceeded industry performance when comparing their Independent Sales Network to our Q2 2022 Pulse of Lighting report (average industry results.) Congratulations to Acuity and its agents. Acuity Q3 (spring) Quarterly Results […]
Indianapolis-based IKIO LED Lighting, LLC – a manufacturer of LED lighting solutions for commercial, industrial, horticulture, multi-family residential/hospitality, hazardous location, and solar outdoor lighting applications – which had a robust exhibit at LightFair, announced plans to establish a manufacturing and warehousing […]
