2013-07-02

Orion Energy Systems Complete the Acquisition of Harris

Orion Energy Systems, Inc., a leading power technology enterprise, announced yesterday that it has completed the acquisition of Harris Manufacturing, Inc. and Harris LED, LLC. Harris Manufacturing and Harris LED had specialized in designing, sourcing and manufacturing energy-efficient lighting systems including fluorescent and LED lighting solutions, and day-lighting products. The purchase price of the transaction was $10 million, subject to post-closing adjustments for net working capital. The purchase price was paid through a combination of $5 million in cash, $...
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Nichia, the world's largest LED/Laser Diode manufacturer and inventor of the high-brightness blue and white LEDs, and Tokushima Agriculture, Forestry and Fisheries Technology Support Center have conducted a joint research study to evaluate... READ MORE

Signify, the world leader in lighting, announced that it has installed Philips GreenPower LED toplighting compact in the lettuce nursery greenhouse of Woodeumgee Farm Co., Ltd., located in Buyeo, Chungcheongnam-do. Woodeumgee Farm has reported... READ MORE