Now LEDvance Joins Price Rise Wave - Energy Watch News


Now LEDvance Joins Price Rise Wave

LEDvance has become the latest company in North America to announce a price increase. Its traditional non-LED lighting equipment will now be subject to a six to eight per cent hike. The LED products will not be subject to a price increase. The move follows similar announcements by other US big brands in recent weeks, including Acuity, Eaton and Venture. In a letter, the vice president of trade sales for the US and Canada, Matt McCarron, told customers: ‘The advancement of solid-state lighting technology is having a dramatic effect on the lighting industry. As a result of this shift, volumes of traditional lighting products have been reduced resulting in the loss of scale benefits and ultimately raising costs on traditional products. https://www.ledvance.com/

Tagged with: , , , ,
Posted in Industry News

Leave a Reply

Your email address will not be published. Required fields are marked *

*

Featured Product


 

Featured Job

Regional Lighting Sales Manager – Hubbell Lighting

Los Angeles, CA

Featured Job Listing