Lighting Industry News

Zukerman!

February 11, 2016: 8:20am
Editor's note.  We have struggled over the title of this story which appeared in the LA Business Journal.  We have never run a one-word title before, but we think it is appropriate give the scope of Jack Zukerman's career. Read the story here. ... Read More

Design Plus powered by Light + Building’ Competition Honors Products by Exhibitors and Students

February 11, 2016: 8:12am
Exhibition of award-winning products and presentation during Light + Building The ‘Design Plus powered by Light + Building’ competition stands for the great innovativeness and future-oriented design of exhibitors of Light + Building and spotlights the sustainability and convenience offered by their products. The award is a seal of quality for products that combine future orientation, innovati... Read More

Eneref Videos, Encouraging Best Practices in Lighting, Now Hosted on EdisonReport.TV

February 11, 2016: 8:03am
EdisonReport, the leading website to the lighting trade, and Eneref Institute, announce a strategic alliance to host Eneref lighting videos on www.EdisonReport.TV. EdisonReport.TV, whose videos include interviews with leading lighting professionals, amplifies the enormous influence already exhibited by the EdisonReport.  Eneref Institute is the industry leader in reports demonstrating the benefi... Read More

Orion Reports $10M Drop in Quarterly Sales

February 10, 2016: 8:09am
Orion Energy Systems, Inc. (OESX), a leading designer and manufacturer of high-performance, energy-efficient lighting platforms, today announced financial results for its fiscal 2016 third quarter ended December 31, 2015. Operating and Financial Highlights Total revenue for the fiscal 2016 third quarter was $16.8 million, a decrease of $9.3 million from $26.1 million in the prior-year period,... Read More

Light + Building 2016: New ‘Digital Building’ Exhibition with Future-oriented Building-automation Technologies

February 09, 2016: 12:24pm
Standardised networking and automation solutions live.  The ‘Digital Building’ exhibition reflects the motto of Light + Building, ‘Where modern spaces come to life: digital – individual – networked’, and illustrates digitalisation in buildings using a variety of future-oriented technologies revolving around the networking of individual components and their systematic interaction. The... Read More

UK Town Unhappy with LED's

February 09, 2016: 11:31am
The petition calls for a stop to the installation of the LED lights and either a return to the old ‘orange’ street lights or as a bare minimum correct the spacing of the poles and emissions of the LED lights so that they work correctly.... Read More

Crain's Cleveland: Shake up at GE Lighting

February 08, 2016: 7:47am
Even so, it will be hard for GE Lighting to replace the cash flow generated by the constant sale of incandescent bulbs, according to Randy Reid, who runs a lighting industry website, www.edisonreport.net.... Read More

Crain's Detroit: Detroit Public Lighting Authority names new CEO

February 08, 2016: 6:55am
Nicolette Carlone, the Detroit Public Lighting Authority's COO, was promoted to CEO on Saturday, replacing Odis Jones who resigned abruptly three days ago amid a dispute with the mayor. Jones quit following an unspecified power struggle with Mayor Mike Duggan over management of the state-created lighting authority. The authority is overseen by a five-member board appointed by Duggan and City Cou... Read More

Did Concerns from US Military Kill the Philips-GoScale Deal?

February 05, 2016: 9:52am
Worries over China’s chip ambitions were the main reason that United States officials blocked the proposed purchase for as much as $2.9 billion of a controlling stake in a unit of the Dutch electronics company Philips by Chinese investors, according to one expert and a second person involved with the deal discussions.  Read more at the New York Times.... Read More

Blackstone, Onex Said to Advance With Philips Lighting Bids

February 05, 2016: 9:37am
Royal Philips NV has selected buyout firms including Blackstone Group LP, Onex Corp. and Apollo Global Management LLC and U.K. investment company Melrose Industries Plc to advance to the second round of bidding for its lighting division, according to people familiar with the matter.... Read More

Venture Enters LED in a Big Way

February 04, 2016: 11:36am
Your humble editor was invited to Venture's NEMRA agent meeting today in Dallas. Ken Hawley, Venture's VP of Sales and Marketing, started the meeting by reassuring the reps of Venture's continued commitment to H.I.D.  "Our intent is to be the last man standing," stated Hawley.  "As others get out of HID, our market share continues to grow." It was surprising to see Venture demonstrate so many L... Read More

Nordeon Group Acquires WILA

February 04, 2016: 7:51am
The Nordeon Group further strengthens its position as leading international lighting company through the acquisition of the WILA Group.  WILA is a well known international premium indoor architectural lighting brand serving customers around the globe from its operations in the UK and Germany. As part of the Nordeon Group, WILA will continue to operate as an independent, entrepreneurial, customer... Read More

Havells Announces Exit from US Market

February 04, 2016: 5:41am
Your humble editor spoke to Bob Heaton, the Director of Sales for Havells and he confirmed the decision to exit the US market.  During the night, we received the announcement letter from a source. ... Read More

Heard at NEMRA: Havells to Exit US Market....Developing

February 03, 2016: 8:35pm
Exclusive.   Must credit EdisonReport. EdisonReport can confirm that Havells has decided to close their US operation and focus on India.  We expect to have a letter on Thursday, 4 FEB.... Read More

Presidential Politics: Hillary Clinton Wants to "Go After Johnson Controls"

February 03, 2016: 8:10pm
EdisonReport tries hard to stay out of politics, but when our industry or industry partners are involved, we are obligated to cover those stories. In Wednesday's CNN Democratic Townhall Meeting in New Hampshire, Hillary Clinton made the following statements: "We want to go after Johnson Controls...the inversion is a perversion" "This Johnson Control thing really infuriates me.  We bailed the... Read More

Detroit Lighting Authority CEO Abruptly Resigns

February 03, 2016: 8:06pm
Odis Jones, CEO of the Detroit Public Lighting Authority, resigned "to pursue other opportunities" Wednesday, 20 months after being hired to oversee $185 million in improvements to the city's streetlight system.... Read More

Dorsheimer Comments on Cree and GE

February 03, 2016: 5:54am
He points out that a consumer bulb initially was a great way for Cree to use their components business. By making their own components, they could keep costs low compared to competitors. And it worked, until the industry moved from high-powered chips – Cree’s sweet spot – to low-powered chips, the kind being manufactured cheaply in Asia. To compete, Cree had to score its own cheap supplier,... Read More

Eaton Beats 4Q Estimate

February 03, 2016: 5:52am
DUBLIN--(BUSINESS WIRE)--Power management company Eaton Corporation plc (ETN) today announced operating earnings per share for the fourth quarter of $1.17, which exclude charges of $0.02 per share to integrate recent acquisitions, a decrease of 8 percent from the fourth quarter of 2014. Sales in the quarter were $5.1 billion, down 9 percent from the same period in 2014. Operating earnings for the ... Read More

LIGHTFAIR Registration is Now Open

February 02, 2016: 6:08pm
Get Ready to See the FutureProduct launches, cutting-edge course topics and colleagues from around the world - that is what makes LIGHTFAIR the place to discover all that's new and next. Register HERE. What You Need to Know Save with early bird pricing now through April 1 Institute + Conference courses include Exhibit Hall e... Read More

Happy Valentines Day. GE is in Love....

February 01, 2016: 2:41pm
Updated 2 FEB 2016, 8:48 EST: FLASHBACK:  LIGHTFAIR 2009, GE played a song in their booth with the lyrics, “Why I Hate LEDs”  My new love understands my needs and can put me in the right mood--day or night.  Read the actual love  letter here. ... Read More