Lighting Industry News

Cree Announces Preliminary Results for 1Q 2015; Misses Estimate

October 02, 2014: 6:25am
Cree, Inc. (CREE), a market leader in LED lighting, today announced preliminary estimates of financial results for its first fiscal quarter ended September 28, 2014. Revenue for the quarter is expected to be approximately $428 million, with earnings expected below the company’s previously announced target range of $0.25 to $0.30 per diluted share on a GAAP basis. These preliminary financial resu... Read More

LSI Industries CEO Robert Ready To Resign; Names Dennis Wells COO

October 01, 2014: 7:57am
CINCINNATI, Oct. 1, 2014 (GLOBE NEWSWIRE) -- LSI Industries Inc. (LYTS) today announced that it has appointed Dennis W. Wells as Chief Operating Officer (COO) effective immediately. Mr. Wells joins LSI after a several month search by a special committee of the Board of Directors working closely with senior management. This addition to LSI's management team is consistent with the succession pla... Read More

GE Again Advertises Lighting with Quirky Jeff Goldblum Ad

October 01, 2014: 7:49am
Warning:  This is not your grandfather's GE ad. GE likely used a different ad agency than the company that created the commercial where GE lights the ball field and ushers in a new era of nighttime baseball.   ... Read More

Acuity 4Q Sales Jump 15%. EPS up 22%. Nagel's Outlook: 'Very Bullish'

October 01, 2014: 7:48am
ATLANTA, Oct. 1, 2014 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (AYI) ("Company") today announced record fourth quarter and fiscal year net sales and diluted earnings per share ("diluted EPS"). Fiscal 2014 fourth quarter net sales of $668.7 million increased $88.9 million, or 15 percent, compared with the year-ago period. Fiscal 2014 fourth quarter net income of $54.8 million increased 22 percent ... Read More

OSRAM to "...align business processes globally to an accelerated transformation of the market towards solid state lighting (SSL)..."

September 30, 2014: 12:59pm
OSRAM Statement sent to EdisonReport: OSRAM has announced plans to implement various additional measures to further improve its competitiveness. As part of this and an ongoing strategy to align business processes globally to an accelerated transformation of the market towards solid state lighting (SSL), lighting leader OSRAM SYLVANIA  and the OSRAM Americas region, is in a way of continuous impr... Read More

OSRAM SYLVANIA Layoffs to Begin Occurring on 1 OCT

September 30, 2014: 12:53pm
EXCLUSIVE:  Must Credit EdisonReport.  On 29 JUL, EdisonReport reported that OSRAM has announced 7800 positions would be eliminated worldwide over a three-year period.   Today, a company spokesperson confirmed to EdisonReport that position eliminations will begin to take affect in North America beginning 1 OCT.   Developing....... Read More

Cree Troffer Now at 150 LPW; 100K Lifetime

September 30, 2014: 7:10am
DURHAM, N.C., Sep 30, 2014 (BUSINESS WIRE) -- Cree, Inc. CREE, +0.24%introduces the ZR High Efficacy (HE) LED troffer, an industry leading commercial specification-grade troffer designed to reduce energy consumption by 70 percent when compared to traditional fluorescent troffers, enabling greater design freedom for customers looking to achieve LEED certification. Cree’s vertical integration an... Read More

Introducing "Good Lighting Hygiene"

September 30, 2014: 6:19am
As more studies show the health impact of lighting, doctors might start to recommend "good lighting hygiene" for patients who, say, have trouble getting enough sleep at home, says Luc Schlangen, a senior scientist at Philips Lighting.... Read More

Let There be Light! Osram Lights the Vatican

September 30, 2014: 6:16am
Osram approached the Vatican Museum several years ago, offering to install a system that would provide uniform, brighter lights. The Vatican Museum paid Osram nothing for the system. European Union funds contributed about half of the $2.4 million cost, while Osram and other partners paid the rest. Osram opted for a technique it used at Munich's Lenbachhaus art museum, home to more than 150 Wassily... Read More

SuperBowl to be Played Under LED

September 29, 2014: 10:17am
SYRACUSE, N.Y. (AP) When the Super Bowl kicks off in February at University of Phoenix Stadium, there's one thing the NFL won't have to worry about: an extended blackout.... Read More

Alert: Moon Landing was Real; Lighting Proves it

September 29, 2014: 7:10am
Many conspiracy theorists who believe the Apollo moon landings were an elaborate ruse point to an iconic photograph of Buzz Aldrin that they claim could only have been taken using an artificial light source. Turns out they were right, but, as a new digital reconstruction of the Apollo 11 landing site by computer graphics chipmaker Nvidia proves, that artificial light source was not from a movie st... Read More

Ford to Add 25,000 LED Lights to Factories

September 29, 2014: 7:02am
The 25,000 new LED fixtures will replace traditional high-intensity discharge and fluorescent lights, and are expected to reduce Ford’s energy use at manufacturing facilities by 56 million kilowatt-hours annually – enough to power more than 6,000 average-sized homes per year.... Read More

Acuity Brands Declares Dividend

September 29, 2014: 7:01am
ATLANTA, September 26, 2014 - The Board of Directors of Acuity Brands, Inc. (NYSE: AYI; "Company") today declared a quarterly dividend of 13 cents per share.  The dividend is payable on November 3, 2014 to shareholders of record on October 17, 2014.... Read More

Scott Muse of Hubbell Lighting, the Current Longest Running President of a Tier 1 Lighting Company, Retires

September 26, 2014: 12:43pm
“The single most important accomplishment is the development of our people. I have always expressed it is our people that are the greatest asset of this company and we are very fortunate that we have continued to attract, hire, develop and retain great people.”—Scott Muse   After a 35-year career in the electrical industry and having served as President of Hubbell Lighting since April 200... Read More

Boston Lights!

September 26, 2014: 9:04am
  Last week, we left the IES Street and Area Lighting Conference a few hours early to head to Boston for the 3rd Bi-Annual Boston Lights. This is crazy season for shows and we regret that were not able to attend Stan Deutch & Associates bi-annual show in New York—held at the same time.  Boston Lights had great WiFi and we were able to send live updates via Twitter, Linked-in and Faceb... Read More

Huffington Post Looks at Lighting; Lamp Powered by Octopus Bacteria

September 26, 2014: 7:20am
If the big switch from incandescent bulbs to CFLs has changed the way you see things, then you're definitely going to want to brace yourself for what's coming up next.  The future of lighting is here, folks, and this is what it looks like:  ... Read More

Lighting Science Group Hires Former Cree VP Wayne Nesbitt as COO

September 25, 2014: 7:31am
According to an SEC filing made on 24 SEP, Lighting Science Group has hired Wayne Nesbitt to be the Chief Operating Officer. Mr. Nesbitt's Linked in account does not yet reflect his move.   However, it does show that Nesbitt worked for Cree from January 2008 through January 2014.  Mr. Nesbitt was hired at LSG with a base salary of $300,000 and a five-year contract. Read more.  ... Read More

Glowing LED Hammocks for Adults to Play in Boston

September 25, 2014: 6:49am
We saw these in person last week at Boston Lights and it is one of the most unique uses of LED technology.... Read More

Philips LaaS: Lighting as a Standalone

September 24, 2014: 9:31am
As the industry water cooler talk centered around whether GE was going to spinoff its lighting business, it was Philips who was actually making those plans. The question we want to know is why split into HealthTech and Lighting?  Philips HealthTech has higher profits, so one might suspect the spinoff is designed to help HealthTech at the expense of Lighting. Your humble editor spoke with Steve ... Read More

IES Inks MOU with IEEE

September 24, 2014: 9:00am
New York — The Memorandum of Understanding between the Institute of Electrical and Electronics Engineers, Incorporated (IEEE) and the Illuminating Engineering Society of North America (IES) is established to encourage the exchange and dissemination of technical information, and to promote understanding and cooperation among the members of each organization.There are five components of the agreem... Read More