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Lighting Industry

Lighting Industry

Do It Best Seeks To Acquire True Value

  The pending acquisition of True Value by Do it Best represents a significant consolidation in the hardware industry. Here’s a summary of the current status: Bankruptcy Filing and Sale Agreement True Value Company, a major hardware wholesaler and brand, filed for Chapter 11 bankruptcy protection on October 14, 2024. Simultaneously, the company announced an [...]

Events, Lighting Industry

Looking Ahead To LightFair 2025

  LightFair 2025 will be held in Las Vegas, NV, May 4-8, 2025. With LightFair 2025 six months away, it is interesting to take a look at the number of exhibitor booths that have been booked. As of November 9th, 2024, I hand-counted 179 exhibitors listed on the website exhibitor map. It is possible that [...]

Construction + Economy, Lighting Industry

California Allocates $3.8 Billion To Transportation Projects

  The California Transportation Commission has recently allocated $3.8 billion in funding for various transportation infrastructure improvements across the state. This significant investment aims to enhance bridges, highways, rail systems, and freight corridors throughout California. The majority of this funding, approximately $3.5 billion, comes from the federal Infrastructure Investment and Jobs Act (IIJA), which was [...]

Construction + Economy, Lighting Industry

Gulf & East Coast Port Strike Impacts

  The East & Gulf Coasts port strike lasted only three days, but disrupted supply chains for one month across the United States, including major backlogs. The supply chain mess is believed to have been resolved at the end of October, one month after it began. A rise in port worker wages was agreed to, [...]

Lighting Industry, Products + Technology

Product Monday: iGuzzini’s Trick e^m

    iGuzzini’s Trick em is a compact luminaire that creates dynamic, chasing lighting effects, including blades of light, radial light, and wall washing. See the video loops directly above and below. The stripes of light produced reveal architectural curves, textures, and other details. The product is offered with three different bases enabling axial rotation and [...]

Lighting Industry

More Utilities Offer Year-End Bonus Lighting Rebate Programs

According to rebate processing firm, BrightSwitch, commercial lighting rebate programs in the United States are experiencing significant changes in 2024, with utilities boosting incentives and offering special year-end bonuses to encourage facility upgrades. Here’s a summary of the key trends and developments: Widespread Availability and Increased Incentives Nearly 80% of the United States is currently [...]

Lighting Industry

Q3 2024 Acquisitions

Here is a quick summary of 7 acquisitions and one restructuring in the third quarter of 2024:  LG acquires Athom smart home platform. Details here. Varaluz reorganizes in Chapter 11. Details here. Panzeri Group (Italy) acquires Luxxbox, acoustic lighting maker. Details here. Sage Publications acquires LD+A magazine from IES. Details here. First Brands Group acquires [...]

Lighting Industry, Products + Technology

Cordless Portable Lamps Trending In Home Decor

Wireless portable lamps are becoming increasingly popular, offering flexibility and convenience in home lighting. These battery-operated lamps eliminate the hassle of cords, making them ideal for various settings, both indoors and outdoors. Examples: Visual Comfort & Co.: They have expanded their offering to include nearly 20 rechargeable lamp designs, showcasing diverse materials and styles. Their [...]

Lighting Industry

Samsung To Gradually Exit LED Business By 2030

Samsung Electronics has recently announced its plan to gradually end LED lighting production by 2030. Samsung’s LED business has primarily been divided into illumination devices, TVs, and automotive. First, the company will end production of LED chips for illumination devices by first half of 2026. The TV LED lighting business will wind down by the [...]

Construction + Economy, Lighting Industry

Longshoremen Planning East Coast Ports Strike Tuesday

According to Reuters, the International Longshoremen Association have announced a decision by workers to strike at East Coast and Gulf Coast ports, from Maine to Texas. These ports represent about half of all goods imported into the US via ocean shipping. While the majority of lighting industry imports come from Asia through unaffected West Coast [...]

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