Atkore Announces Fourth Quarter 2021 Results

Going into fiscal 2022, the company plans to continue engaging its M&A pipeline to strengthen its portfolio.

Wall Street Today

Here are the top stories about the economy and Wall Street for Tuesday, November 23 including key stock indexes drop as COVID fears rise, the U.S. decides to release oil reserves to reduce gasoline costs, American Airlines asks a court to throw out its antitrust case, and Kmart closes its last store in Michigan.

Survey Indicates LED Lighting Top Priority for Energy Challenges

WASHINGTON — The United States Conference of Mayors (USCM) released a new report showing how cities are using energy technologies and infrastructure upgrades to advance local energy and climate goals, helping the U.S. make further progress in addressing its growing energy and climate challenges.

The 103-city survey finds that all-electric vehicles, LED lighting, low-energy buildings, and solar energy development now dominate the local energy agenda as mayors strive to make their cities more energy efficient and less carbon dependent.

The findings are particularly timely as the federal government embarks on a broad-based effort to implement the massive new infrastructure law, which includes many new program initiatives to reduce energy use and carbon emissions across the entire U.S. economy.

Mayors identified “all-electric vehicles” for the first time as the most promising technology for reducing energy use and carbon emissions in their cities. Deploying electric vehicles more quickly and broadly is a goal of the new infrastructure law as well as other major legislation now working its way through Congress.

In addition to making all-electric vehicles their most promising technology choice, mayors identified:

  • “LED Lighting as the technology cited most often as a priority under various measures – as successive USCM surveys (2014, 2016 & 2021) have shown.
  • “Solar energy generation” as the technology receiving top priority by cities over the next six months – the first-time mayors have cited deploying solar energy as a top priority.
  • Changing “Energy Sources” and making “Public Building Improvements” as the top two areas cities are targeting for improved energy efficiency and reduced energy consumption.

These findings highlight how the nation’s mayors continue to lead the nation on energy and climate action, as these leaders work to change how cities use energy and how they source energy to reduce carbon emissions.

“Local energy and climate action has long been leading the nation’s response to these challenges,” said USCM President Dayton Mayor Nan Whaley. “These findings are both timely and useful for accelerating and expanding the public and private efforts taking place in American cities. But cities cannot do this alone, and we’re grateful that President Biden and leaders in Congress have come together to chart a new energy and climate agenda, one that we believe will come to rely increasingly on mayors and local action for its future success.”

“As we’ve witnessed over the last decade, local action on global climate challenges can lead to more jobs, savings to taxpayers, and a better quality of life for all of us,” said New Bedford Mayor Jon Mitchell who chairs the Conference’s Energy Committee. “The report will serve as a platform for mayors to exchange ideas about how to achieve these goals, and it will help to guide the private sector and federal policy makers about how they can best contribute to the effort.”

“Mayors have been global leaders on these issues for nearly two decades, as we witnessed again in Glasgow at COP26,” said USCM CEO and Executive Director Tom Cochran. “We applaud the Administration and Congress for finally putting the full might of our national government behind an expanded climate agenda, one that we hope will rely more on mayors and local action.”

This research, undertaken with support from Signify, a USCM partner and a world leader in lighting, will help mayors and their cities progress their local energy and climate action plans.

“This report shows that mayors’ priorities are clear: there is a need to invest in energy-efficient technologies that can quickly and effectively reduce carbon emissions while delivering ancillary benefits to their cities and citizens,” said Vince Ridgell, Vice President of Public Sector Infrastructure, North America, Signify. “What it now takes is collaboration. At Signify, we pledge our support to turn these plans, and the benefits of modernized infrastructure, into reality.”

The full Conference report can be found here.

SOURCE: U.S. Conference of Mayors

Nora Lighting’s Carol Dimaano Retires After 25 Years

Shown at Dimaano’s retirement event are (left to right):  Nora President and CEO Fred Farzan; Mila Leyva, former employee and sister; Carol Dimaano with Nora plaque; and Nora Executive Vice President Jilla Farzan.

COMMERCE, CA—Nora Lighting Executive Vice President Jilla Farzan announced the retirement of Carol Dimaano, who joined the company in 1996, and was Nora’s longest-serving employee.

Dimaano initially worked in Nora’s accounting department, but was promoted within a year to Warehouse-Traffic/Logistics Manager, where she served until her retirement. Her sister Mila Leyva, who worked in the company’s Human Resources Department and was one of Nora’s first employees, introduced Dimaano to Nora.

Together the sisters had more than 48 years of experience at Nora.

“Individuals like Carol Dimaano and Mila are the backbone of Nora Lighting,” said Farzan.

“Carol’s loyalty, professional skills and pride in her work have helped make Nora the successful lighting company that it is today,” she said.

“Our entire team will miss Carol, but we all wish her health and happiness in her well-earned retirement.”

At a Nora retirement event, Dimaano was presented with a corporate plaque that read:

“In recognition of your outstanding performance, dedication and excellence. Thank you for your years of service.”

 

LED Fog Lamp Global Market to 2030 Insight Now Available

DUBLIN–The “LED Fog Lamp Market by Position, Sales Channel, and Vehicle Type: Global Opportunity Analysis and Industry Forecast, 2021-2030” report has been added to ResearchAndMarkets.com’s offering.

LED fog lamps refers to the LED based automotive fog lighting system used at the situation of poor weather condition such as fog, snow, etc. for the greater visibility.

LED fog lamp allows the drivers as well as pedestrians to analyze the vehicle’s direction of travel, size, position, and speed at low visibility area which reduces the probability of road accidents incidents. LED fog lamps research study includes front position as well as rear position fog lamps. LED fog lamps has several benefits over halogen based fog lamps including the improved reliability, optimum energy-efficiency, and having the upright aesthetics.

Moreover, automotive manufacturers are demanding for high-end LED fog lamps aligning with regulatory standards on safety, and performance. Currently, LED lights are installed mostly in high-end vehicles due to their relatively high acquisition cost. However, on-going research to lower cost of LED lights is expected to create significant demand of these lights.

For purpose of analysis, the report segments the global LED fog lamps market based on position, sales channel, vehicle type, and region. The positions considered in this report include front and rear. On the basis of sales channel, the market is segmented on the basis of OEM, and aftermarket have been considered under the scope of the research. The report further outlines the details about various vehicle type such as passenger car, commercial vehicle, and electric vehicle. Moreover, it analyzes the current market trends of LED fog lamps across different regions such as North America, Europe, Asia-Pacific, and LAMEA and suggests the future growth opportunities by analyzing the government regulations & policies, thereby increasing the consumer acceptance of LED fog lamps.

Key Benefits

  • This study presents analytical depiction of the global LED Fog Lamp market analysis along with current the trends and future estimations to depict imminent investment pockets.
  • The overall LED Fog Lamp market opportunity is determined by understanding profitable trends to gain a stronger foothold.
  • The report presents information related to the key drivers, restraints, and opportunities of the global LED Fog Lamp market with a detailed impact analysis.
  • The current LED Fog Lamp market is quantitatively analyzed from 2021 to 2030 to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.

Market Dynamics

Drivers

  • Changing concern towards road safety
  • Growing implementation of the government regulations

Restraints

  • High cost of the LED fog lamps
  • Decrease in production and sale of automotive

Opportunities

  • Growing adoption of the vehicle electrification
  • Entering into contracts and agreements with automotive OEMs

Key Players

  • DLAA Industrial Co., Ltd
  • Hella KGaA Hueck & Co.
  • IPF Co. Ltd.
  • KOITO MANUFACTURING CO., LTD.
  • Koninklijke Philips N.V.
  • Marelli.
  • Osram Licht AG
  • PIAA Corporation
  • Sammoon Lighting Co.,Ltd
  • Valeo

For more information about this report visit https://www.researchandmarkets.com/r/c230pa

ams OSRAM Wins Electronic Company of the Year

Shenzhen, China—ams OSRAM (SIX: AMS), a global leader in optical solutions, participated in the 2021 AspenCore Double Summits (2021 Global CEO Summit and the 2021 Global Distribution & Supply Chain Leader Summit) in Shenzhen, which was hosted by ASPENCORE, a well-known leading electronics industry-focused media group. During the summit, the 2021 World Electronics Achievement Awards were announced, and ams OSRAM won two awards, the Electronic Company of the Year and the Sensor of the Year.

The World Electronics Achievement Awards set out to elect and commend enterprises and leaders who have made great contributions to driving innovation in the global electronics industry. The selection is stringent, and often requires several months. Companies, executives and products should apply for the awards before being nominated and online voting. Then the candidates will undergo rounds of selection by experts as judges from across the world. All these candidates nominated are outstanding in their fields.

ams OSRAM wins prestigious Electronic Company of the Year award

Pierre Laboisse, Executive Vice President, Global Sales & Marketing at ams OSRAM gave an overview of the new optical solutions combining lighting and sensing technologies. He also referenced the strategic importance of the China market for the company.

Basing on sensing, illumination and visualization technologies, ams OSRAM will continue to create world-leading portfolios of optical solutions in the future. In these portfolios, the sensing technology includes 3D sensingALS sensingBOLED sensingimaging sensing and spectral sensing. In addition, the lighting technology mainly involves LED (visible light, invisible light, Mini and Micro), VCSEL, EEL and special lighting. ams OSRAM provides products and solutions in four fields including automotive, industrial, medical, and consumer. These products can be used in scenarios such as autonomous driving, smart home, digital cities, cloud computing and AIoT.

“We combine the light emitting competence of OSRAM with the competences ams holds in the areas of sensing, ICs and software to create a global champion in optical solutions – focusing on sensing, illumination and visualization.” Pierre Laboisse said, “Here we are building a leading portfolio to combine emitters with optics, detectors, ICs and algorithms, creating complete optical solutions for the customer from one hand. This requires system competency as well as customer proximity.”

ams OSRAM has established extensive cooperation with Chinese partners in many fields. For example, in the field of cutting-edge CT imaging, ams OSRAM has made world-leading achievements with Chinese customers. In the area of autonomous driving, ams OSRAM works with leading LiDAR makers in China,” Pierre Laboisse said, “Mission critical automotive LiDAR requires high-performance laser emitter technologies. Our world-leading emitter technologies – high-power addressable VCSEL and wavelength-stabilized EEL – are broadly recognized in China.”

Currently, ams OSRAM has approximately 3,000 employees across 28 sites in China, including major manufacturing sites, R&D capabilities and a strong sales network.

Get A Grip On Lighting: Caught In The Middle Of A Customer In-Fight

There are times when the customer has a few people in decision-making positions, and there are times when they don’t agree.

How do you work as a salesperson to stop the infighting, and still make sure you get the sale with the correct lighting for their project.

Greg Ehrich, LC is the former President of the National Association of Innovative Lighting Distributors (NAILD) and owner of Premier Lighting, a progressive lighting distributorship.

Michael Colligan is an entrepreneur and inventor. He’s a subject matter expert in commercial and industrial lighting supply, lighting retrofits, and finding recycling streams for hard-to-recycle waste.

The Get A Grip On Lighting podcast on lightED is sponsored by Keystone Technologies.

If you want to watch more Get A Grip On Lighting podcasts, you can go to www.getagriponlighting.com.

NAILD’s Lighting News Brief 11/22/2021

NAILD has gathered all the news you may have missed in the lighting world for the past week. Take a look at their news brief below…

The Lighting Industry News Brief is a news commentary series from Scott Wachter, Producer of Get a Grip on Lighting offering thoughts and opinions on the week’s events and announcements.

Southwire Promotes Adkins and Moss to Lead Key Divisions

Adkins joined Southwire in 1998. Since that time, he has led teams across the organization in both the commercial and manufacturing space including International, Energy, OEM, Electrical Distribution and Retail.

Siemens Energy Receives H2-Ready Certification

Siemens is the first company worldwide to receive the new independent certification from TÜV SÜD.