August 2016

Construction + Economy

Mid-Year AIA Consensus Construction Forecast Predicts Healthy Construction Market

After a strong 2015, there is a growing sense that the construction industry expansion will be more tempered over the next 18 months. However, continued strong demand for hotels, office space, and amusement and recreation spaces will ensure continued growth in the overall construction spending market over this time period. The American Institute of Architects’ [...]

Construction + Economy, Lighting Industry

Lighting Systems Index Decreased in First Quarter

NEMA’s Lighting Systems Shipments Index, a measure of demand for lighting equipment, decreased 0.8% quarter-to-quarter while posting a 0.6% increase year-over-year during 2016Q1. Fixtures and emergency lighting gained ground on a year-over-year basis, while ballasts, miniature lamps and large lamps recorded year-over-year declines.

People

Mariana Figueiro Named Acting Director of LRC

Mark Rea, Director of the Lighting Research Center (LRC) at Rensselaer Polytechnic Institute, has taken an academic sabbatical for the upcoming fiscal year. During this time, Dr. Rea will focus on developing two new LRC initiatives: the Glenn W. Bailey Memorial Fellowship, which supports activities that integrate the business of lighting into the education of [...]

Lighting Industry

Chinese Consortium Buys OSRAM’s General Lighting Business for €400 million

OSRAM Licht AG recently announced it has approved the sale of Ledvance (formerly OSRAM SYLVANIA), its general lighting lamps business. The buyer is a Chinese consortium consisting of the strategic investor IDG Capital Partners (IDG), the Chinese lighting company MLS Co., Ltd. (MLS) and the financial investor Yiwu State-Owned Assets Operation Center (Yiwu). The purchase [...]

Products + Technology

Product Monday: AL Cove Eco by Acclaim Lighting

Acclaim Lighting’s AL Cove Eco offers a low-power, economical, dimmable LED cove light for tight spaces. The luminaire emits about 400 lumens per foot with an 80+ CRI. Available in multiple correlated color temperatures in 1- and 4-foot sections, the AL Cove Eco allows for long linear runs of up to 100 feet at 120V [...]

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