Albeo expands LED lighting production line in Boulder, Colorado

Date Announced: 25 Aug 2010

-- Market adoption of Albeo’s award winning LED High Bay is driving rapid growth. Expansion provides space for increased manufacturing, sales support, and new employees.

Boulder, CO -– Albeo, an award winning LED lighting manufacturer, announces expansion and move to a new 20,000 square feet facility in Boulder, Colorado. Albeo’s growth is driving their second expansion in the last two years. The new space will encompass larger production lines, expanded quality control, and new engineering and test labs enabling Albeo to better serve its diverse base of customers.

Albeo provides commercial and industrial LED lighting products that are “Made-in-America”. Recent installations include: Orange County Convention Center, Dole Foods, Jackson Hole Airport, Natural Grocers, schools, including the University of Colorado, cold storage facilities, data centers, warehouses, and parking structures. With an average annual revenue growth rate over 110% for the past three consecutive years, the company anticipates adding up to 80 new employees over the next 2 years at this location.

“This expansion is an important milestone for Albeo,” said Jeff Bisberg, Albeo’s CEO. “Our plan is straight forward - design, manufacture, and market reliable LED lighting systems that are brighter, more efficient, and are higher value than any other lighting product available. This facility gives us the space to continue delivering on this plan.”

“Customers are quickly learning that Albeo’s LED lighting reduces energy usage, and carbon footprint, solves maintenance problems, and provides a marketable green message,” said Neil Cannon, EVP of Business Development. “The expanded space gives Albeo’s customer service group room to grow. Our team makes sure that customers, who are often unfamiliar with LED, get solutions that meet their illumination requirements with maximum energy efficiency and at the best prices.”

Paul Whiteside and Aaron Evans with NewOption Partners represented Albeo Technologies whose new address will be 2108 55th Street, Boulder, Colorado in Boulder’s Flatiron Park.

Albeo Technologies, Inc. manufactures high quality, long-lasting LED lighting products for commercial and industrial facilities. Albeo has won 9 independently judged product and company awards including 4 from the US Department of Energy (DOE). Albeo’s C-Series, Surface Mount, and S-Series sealed fixtures are designed for general lighting applications and deliver illumination solutions that range from 3,000 to 25,000 lumens. Other products include T8LED Conversion Kits and Troffers for retail, office and school lighting. Details for the entire product line are available on Albeo's website at www.albeotech.com.
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Contact
Dave Stewart Albeo Technologies, Inc. Phone: 720.407.4960

E-mail:dstewart@albeotech.com

Web Site:www.albeotech.com

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