RANCHO CUCAMONGA, CA. — FSC Lighting, a leading commercial, and industrial LED lighting manufacturer, announces that John Watkins has retired from his role, but will remain on the Board and an equity investor in the company.
“We greatly appreciate John and his contributions to the success of FSC over the past 11 years and are grateful to have him remain a resource for us as a shareholder and Board member.” – Vincent Alonzi, CEO of FSC Lighting.
“I am confident FSC will continue to create incredible service and value for its customers in the years ahead. I look forward to continuing to contribute to FSC’s success as a Board Member and investor in FSC.” – John Watkins.
Marcus George, a partner of Onward Capital and Chairman of FSC’s Board, said, “We greatly value and appreciate John’s leadership and his many contributions to FSC Lighting before and after our acquisition of the Company. We look forward to continuing to have access to his knowledge of the Company and the commercial and industrial lighting market.”
About FSC Lighting
FSC Lighting (“FSC”), (www.fsclighting.com), founded in 1969 and headquartered in Rancho Cucamonga, manufactures customized, energy-efficient lighting solutions for industrial, commercial, and retail clients across the country. Products can be quickly customized for lighting retrofit projects as well as new construction. FSC’s continued success stems from its mission – “go beyond efficiency” at every level. This means providing comprehensive product support, fast and cost-efficient customization, advanced controls, and innovative, application-specific lighting solutions for clients. For employees and the community at large, going beyond efficiency means building a supportive, stable, and empowering work environment- like the company’s “Made with Care” program, which integrates developmentally-disabled adults into the workforce.
About Onward Capital
Onward Capital is a Chicago-based private equity firm focused on investing in and growing lower middle-market industrial businesses. The Onward Partners have completed 59 private equity transactions and invested $610 million dollars of capital in the sector. Onward targets manufacturing and value-added distribution companies, typically with revenues between $15 million and $100 million and invests in partnership with family offices, mezzanine funds, equity funds, industry executives and high net worth individuals. For more information on Onward Capital, please visit www.onwardcapllc.com