Jun 4 2014
ForceField Energy Inc., a designer, seller and distributor of energy products and solutions, today announced that it has received a number of newly signed contracts aggregating approximately $2.0 million in the past five weeks for various LED and other lighting products.
The newly announced contract wins include the activity of ForceField's recently acquired subsidiary American Lighting & Distribution since April 25, 2014. All of these projects are expected to be completed during the next ninety days.
The LED and other lighting orders span a variety of companies, industries and facility types for both internal and external lighting solutions. The fully committed contracts include:
United States
- numerous municipal buildings and a hospital in San Diego, California;
- a Fairmont Hotel as well as another high profile luxury hotel;
- an Olson Steel location;
- two auto dealerships;
- a Northrop Grumman location;
- a leading bakery chain location
Costa Rica
- a location for TICO Electronics, a major contract manufacturer for the high tech industry
- two university buildings,
- a location for a Fortune 1000 worldwide producer and distributor of fruit and vegetables
Richard St Julien, ForceField's Executive Chairman and President of LED Operations, said, "We have realized a significant increase in orders for our LED lighting products in recent weeks. Under the exceptional guidance of Neil Miller, the American Lighting management team has been a key driver of this positive momentum in our business. We have recently received orders from existing clients and gained new customers spread across numerous industries. We believe that this increased activity demonstrates the strength and diversity of our products and solutions both domestically and internationally, and reinforces our ongoing commitment to provide long-term value to our customers."
David Natan, ForceField's Chief Executive Officer, added, "Our acquisition of American Lighting was the first step of an aggressive acquisition strategy to opportunistically purchase LED and lighting companies that will be complementary to our vision and accretive to our earnings. We are seeing acceleration in the demand for our energy efficient lighting products and solutions. In an effort to capitalize upon and carry these opportunities, we will continue to strengthen our capabilities through increased internal resources, strategic partnerships and selective acquisitions."
Neil Miller, American Lighting's Chief Executive Officer, stated, "I am very pleased with the results of our first month of operations since we joined the ForceField family. Their view of the lighting marketplace aligns perfectly with our philosophies and mission. We look forward to experiencing significant growth as consumers become more aware of our capabilities and track record of providing the highest quality service and products that been the cornerstone of our reputation."
Source: http://www.forcefieldenergy.com