Lighting Industry News

Philips Introduces LUXEON M, 120 Lw/w

  • More than 900 lumens at 700 mA and 85°C junction temperature
  • Efficacy greater than 120 lm/W at 350 mA and 85°C junction temperature
  • 12 Volt / 8 Watt package on AIN substrate

Read the details at Enhanced Online News.

Santa Cruz to Retrofit Two-Thirds of Streetlights

SANTA-CRUZ--Using grants and special financing from PG&E, the city hopes within a few months to have replaced about two-thirds of streetlights with higher-efficiency, brighter LED bulbs to increase safety and reduce energy use.  

Read the details at the Santa Cruz Sentinel

LIGHTFAIR International (LFI) 2012 Keynote Speakers

LIGHTFAIR International (LFI), the world’s largest annual architectural and commercial lighting trade show and conference, will feature three dynamic keynote presentations on topics relating to technology, entertainment and energy efficiency. 

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Hubbell Reports 16% Increase in Sales

Net sales in the fourth quarter of 2011 were $740.0 million, an increase of 16% compared to the $639.3 million reported in the fourth quarter of 2010. Operating income was $109.8 million, or 14.8% of net sales, compared to $91.0 million, or 14.2% of net sales, for the comparable period of 2010.

Read the article at Yahoo Finance.

LSI Reports 8% Decrease in Sales

  • reported second quarter net sales of $68,774,000, a decrease of 8% as compared to $74,805,000 in the same period of the prior fiscal year;
  • reported second quarter net income of $772,000 or $0.03 per share, as compared to net income of $2,948,000 or $0.12 per share for the same period of the prior fiscal year;

Read the article at Yahoo Finance.

Lighting Science Group Becomes North America's Largest LED Producer

SATELLITE BEACH, Fla., Jan. 24, 2012 /PRNewswire/ -- Leading the LED lighting revolution, Lighting Science Group Corporation (OTCBB: LSCG), the world's premier LED lighting manufacturer, announced today that it produced 4.5 million light bulbs in 2011--an increase of 450% when compared to 2010 numbers. The bulbs produced have a potential average annual electricity savings of approximately $43.6 million over comparable incandescent bulbs. Last year's exponential growth catapults Lighting Science Group to the position of North America's largest LED light bulb manufacturer. 

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Cooper Reports Record EPS

- All-Time Quarterly Record Earnings from Continuing Operations of $1.00 Per Share

- Record Full Year Earnings From Continuing Operations of $3.87 Per Share

- 11th Consecutive Year Free Cash Flow Greater than Net Income From Continuing Operations

- Electrical Products Group segment revenues for the fourth quarter of 2011 increased 8.1%

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Siemens Quarterly Profit Slides

FRANKFURT, Germany (AP) -- Industrial equipment maker Siemens AG said Tuesday that net profit fell 17 percent to euro1.46 billion ($1.89 billion) in the final quarter of 2011 due to delays in major wind-power and rail projects, and as the uncertain global economic outlook hurt orders.

Read the details at AP.

OSRAM Union Official Expects More Layoffs

Osram AG, the lighting unit of Siemens AG (SIE), faces more job cuts than announced this week as the industry shifts toward light-emitting diodes technology from traditional light bulbs, a union executive said.

Osram will have to cut more jobs after announcing a reduction of about 10 percent of the company’s German workers on Jan. 17, Berthold Huber, who heads the IG Metall labor union and is also deputy chairman of the supervisory board at Siemens, Europe’s largest engineering company, said today in an interview.

Read the complete story at Bloomberg.

 

Philips BASF Develop OLED Solution for Car Roofs

BASF and Philips have successfully developed the approach of incorporating Organic Light Emitting Diode (OLED) technology in car roofs. These OLEDs generate light inside the vehicle when turned on. When it is turned off, it becomes transparent and provides a clear view outside the vehicle.

Read the story at AZ Optics.

Tim O'Brien Out at Zumotobel

EdisonReport can confirm that Marco Ludwig from Austria will take over.

GE 4Q Profit Falls; Sales Miss Estimates

NEW YORK (AP) -- General Electric Co. said Friday its fourth-quarter earnings fell 18 percent as revenue declined after it sold its stake in the NBC network.

Read the details from the Associated Press.

LED's Prolong Shelf Life of Meat

MANHATTAN, Kan.—Using light-emitting diode (LED) lights in refrigeration units saves energy for retailers and extends the shelf life of some beef products, according to new research conducted at Kansas State University that will be presented at the Capitol Graduate Research Summit in Topeka in February.

Read the story from Food Product Design.

Stuart Irby Found Dead

Stuart Irby was part of the family that had created the Stuart C. Irby Co., a large electrical distributor bought in 2005 by French firm Sonepar.

Read the story in the Hattisburg American.

Wall Street Analysts Don't Understand Cree

As covered on the EdisonReport, Cree reported their 2nd quarter earnings yesterday.  The income number was not pretty and the stock was quickly downgraded by Ticonderoga from a "Buy" to a "Hold."  Yet, at the writing of this article, the stock is up 5%.

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Cree Reports Increase in Revenue; Drop in Net Income

Revenue: $304M vs $257M     Income:  $12.1M vs $$49.8M

DURHAM, N.C.--(BUSINESS WIRE)-- Cree, Inc. (Nasdaq: CREE -News), a market leader in LED lighting, today announced revenue of $304.1 million for its second quarter of fiscal 2012, ended December 25, 2011.

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Amerlux Establishes Energy Services Group; Appoints Paul Ravenelle Regional Director of Sales

Help Retailers Reduce Energy Consumption, Gain Incentives and Upgrade Lighting

Fairfield, New Jersey--- Developed as a turnkey program that helps retail customers dramatically reduce energy consumption and costs while updating their lighting programs, Amerlux has established an Energy Services Group. Amerlux, a leader of task-specific, energy-efficient lighting solutions for the retail, supermarket, commercial and hospitality markets, has appointed Paul Ravenelle Regional Director of Sales, to head-up the group.

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Former Acuity Brands Executive to Eden Park

Tom Hunter:

  • Former executive at Acuity Brands
  • Divisional head of Sales and Marketing for Hubbell, Genlyte, and Acuity
  • Responsible for all aspects of the largest product group in the lighing fixture industry
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Osram to Cut Jobs in Germany

FRANKFURT (Dow Jones)--Osram AG, the lighting unit of Siemens AG (SIE.XE), said Tuesday it plans to cut jobs in Germany to account for the industry's move toward LED technology.

Read the story at Dow Jones. 

Lithonia Launches LED Highbay with 2-4 year Payback

The PROTEON LED luminaire offers one-for-one replacement of HID and fluorescent fixtures.


ATLANTA - Acuity Brands, Inc. (NYSE: AYI; “Company”), a market leader in innovative energy-efficient lighting and control solutions, has expanded its LED indoor ambient lighting portfolio with the launch of the PROTEON™ LED high bay from Lithonia Lighting®.
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TerraLUX appoints Lighting Veteran Ray Hurt as VP Sales

Longmont, Colorado – TerraLUX, Inc. today announced that Ray Hurt will join the TerraLUX team as Vice President of Sales for their Illumination Division, effective February 1, 2012. Hurt brings over 25 years of lighting and electronics experience, including a long tenure with Philips Lighting Electronics, where he held various executive level sales and marketing positions, and most recently served as Vice President of Sales. 

 

Read the Announcement.

IKEA to Add 'Reverse Vending' Lamp Recycling Machine to Stores

The machine, called the Revend, has the option of giving out -or “reverse vending” – discount vouchers or other rewards to customers depositing bulbs.  Read the details. 

OSRAM Announced LED Breakthrough with Gallium-Nitride on Silicon

International lighting industry giant OSRAM has just announced a research breakthrough that will make the cost of high-efficiency LED light bulbs sink like a stone.

Read the complete story.  

Canadian Tire to Install Energizer-Branded LED's

CRS Electronics Inc. ("CRS" or the "Company") (TSX VENTURE:LED)(OTCQX:LEDCF), a developer and manufacturer of LED lighting, is pleased to announce that Canadian Tire Corporation, Limited ("Canadian Tire") will be the first major retailer in North America to launch the Energizer(R) branded line of LED lighting products manufactured exclusively by CRS.

Read the press release. 

Acuity Brands Introduces Z Series Strip Light

ATLANTA - January 13, 2012 - Acuity Brands, Inc. (NYSE: AYI; "Company"), a market leader in innovative energy-efficient lighting and control solutions, has expanded its LED indoor ambient lighting portfolio with the launch of the Z Series LED striplight by Lithonia Lighting®.

Read the Press Release at Reuters.