Brentwood, TN, May 10, 2019 –Hospital-acquired infections are one of the top preventable illnesses in medical facilities and a special type of LED lighting can act as a continuous disinfectant and reduce the opportunity for those infections. In a video, produced by the National Lighting Bureau and the EdisonReport, Colleen Costello of Vital Vio andRead more
Tariff Update: Date of Export (Not the Date of Import) will determine the Increase in Section 301 Duties
UPDATE: The Date of Export (Not the Date of Import) will determine the Increase in Section 301 Duties for List 3 Goods Today, the United States Trade Representative (USTR) issued the official version of the notice advising the Trade of an increase in duties from 10% to 25% for goods listed in the third listRead more
STAMFORD, Conn., May 08, 2019 (GLOBE NEWSWIRE) — Revolution Lighting Technologies, Inc. (RVLT) (“Revolution Lighting” or the “Company”), a global provider of advanced LED lighting solutions, announced today that on May 2, 2019, the Company received a delisting determination letter from the staff of the Listing Qualifications Department of the Nasdaq Stock Market, informing theRead more
In November 2018, Acuity Brands notified customers about a price increase of up to an additional 15% on January 2, 2019, because of increases in our product input costs, including the direct and indirect impact from higher tariffs. During the G20 Summit meeting, held December 1, 2018, the Trump Administration announced a pause on anyRead more
Osram’s performance in the second fiscal quarter was as expected. Revenue on a comparable basis fell by 13.5 percent to 862 million euros in the period from January to the end of March. The adjusted EBITDA margin was 8.1 percent. When preliminary key figures were published at the end of March, the lighting company hadRead more
H.E. Williams, Inc. is pleased to announce the acquisition of Platformatics, Inc., a provider of network-based systems for the smart building Internet of Things (IoT) industry. The Platformatics solutions improve end-user comfort, productivity and safety through Power over Ethernet (PoE) connectivity. PoE provides a standardized infrastructure for LED lighting, HVAC, security and other building systems.Read more
Lawsuit further alleges the manufacturer breached its agreement by shipping untested and/or defective products assembled in Taiwan, which were required by contract, to be assembled domestically. The city’s lighting authority fears tens of thousands of streetlights are in jeopardy of failing just a few years after being installed, threatening to put some of Detroit’s neighborhoods back into the dark.
DURHAM, N.C.–(BUSINESS WIRE)– As part of its long-term growth strategy, Cree, Inc. (Nasdaq: CREE) announces it will invest up to $1 billion in the expansion of its silicon carbide capacity with the development of a state-of-the-art, automated 200mm silicon carbide fabrication facility and a materials mega factory at its U.S. campus headquarters in Durham, N.C.Read more
STAMFORD, Conn., May 06, 2019 (GLOBE NEWSWIRE) — Revolution Lighting Technologies, Inc. (RVLT) (“Revolution Lighting” or the “Company”), a global provider of advanced LED lighting solutions, announced today that James DePalma, a director and the Chief Financial Officer of the Company, resigned for personal reasons effective May 2, 2019. Mr. DePalma has offered to makeRead more
President Trump threatened to drastically ramp up U.S. tariffs on Chinese imports, a surprise twist that put an accord in doubt as Beijing considered pulling out of talks scheduled to begin this week.