Lighting Science Group released news today that in the past year, it has received more than $100 million of LED lighting product orders, representing more than a 100% increase compared to the numbers from last year. One of the world’s premier LED lighting manufacturers, Lighting Science Group’s products are used in all sectors, spanning everything from the International Space Station to businesses and individual homes around the world. Major lighting retailers, companies, retail chains and various municipalities choose LSG’s products for their substantial energy savings, high quality, performance and renowned longevity.
Jim Haworth, chairman and chief executive officer of Lighting Science Group, remarked, “Surpassing the $100 million order mark this year is not only a significant achievement for our company, but for the entire LED lighting industry. As a result of increasing consumer and business demand, we expect LED lighting sales to grow exponentially over the next couple of years.”
Lighting Science Group has earned the United States Environmental Protection Agency’s first ENERGY STAR label and maintains a leadership position in the number of ENERGY STAR qualified products. The company is dedicated to supporting, promoting and employing green operations and goes to great lengths to ensure that it sources its raw materials sustainably, resulting in toxic-free and completely recyclable products.
Haworth added, “Lighting Science Group epitomizes the “green” American business success story. Only a year ago, the company had 100 employees, now we have 1000. As we look ahead to what’s possible, rather than accept what is, we acknowledge—and appreciate—that the LED bulbs on the market today represent only a stepping stone on this journey towards a more sustainable energy future, not the final destination. We plan to continue to accelerate product innovation and drive down prices. For example, Lighting Science Group will offer a top-grade sub-$15 LED 60-watt bulb in the United States next year. At a price previously unheard of, this bulb will provide millions of people with unparalleled light quality while simultaneously garnering significant returns on investment.”
About MissionIR:
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
