Welcome to our dedicated page for US LIGHTING GROUP news (Ticker: USLG), a resource for investors and traders seeking the latest updates and insights on US LIGHTING GROUP stock.
US Lighting Group, a subdivision of the prominent LED gauge display manufacturer Intellitronix, is the company responsible for producing the longest-lasting LED bulb on the market. With top-tier energy efficiency and a lifespan exceeding two decades, their expert engineering and unique design have set them apart. All products are proudly manufactured in the USA and distributed domestically and internationally. US Lighting Group not only engineers and manufactures long-lasting LED bulbs but also provides unique distributorship opportunities. Rather than traditional franchises, USLG offers businesses and individuals the chance to own a distributorship, combining the benefits of franchising with the freedom of business ownership.
The US Lighting Group has launched Fusion X Marine, a new entity focusing on the boating industry. This venture aims to manufacture and sell 15-ft mini speedboats and 27-ft powerboats through exclusive dealerships and rental franchises.
CEO Paul Spivak highlighted the company's goal to penetrate the recreational boating market, which surpassed USD 43 billion in 2019 and is set to grow at a CAGR of over 5% through 2026. The X-15 and X-27 boats will utilize high-quality materials to enhance performance and durability.
US Lighting Group (OTC:USLG) recently highlighted its innovative Cortes Campers in an exclusive interview with RV News. CEO Paul Spivak discussed the advanced manufacturing techniques employed in their new line of RV travel trailers and campers, which utilize high-grade marine materials and a patent-pending molded fiberglass design. The campers are designed to be 50% lighter while providing luxury features aimed at outdoor enthusiasts. The company is also offering exclusive territory dealerships for interested buyers.
Cortes Campers, part of US Lighting Group (OTC:USLG), has launched a new website showcasing their innovative RV travel trailers and campers. Manufactured from state-of-the-art molded aluminized fiberglass, these 17-ft units feature a unique axle-less independent suspension for enhanced ground clearance. CEO Paul Spivak emphasizes the new designs appeal to outdoor enthusiasts with luxurious features, advanced energy monitoring, and superior strength. The company's use of aerospace materials positions them to revolutionize the recreational vehicle market.
US Lighting Group, Inc. (OTC:USLG) has announced the acquisition of the Speed Print Technology 700 Series screen printer by its subsidiary, Intellitronix Corporation. This purchase enhances production efficiency and quality control for electronic circuit boards by incorporating bar code labeling capabilities. CEO Paul Spivak emphasized the importance of improving tracking throughout manufacturing and shipping processes. Additionally, Intellitronix is developing a multifunctional energy management system for RV manufacturers and pursuing AI-driven robotics for promotional purposes.
Intellitronix Corporation, a subsidiary of US Lighting Group (OTC:USLG), has secured its third consecutive purchase order from Kawasaki Motors for a custom LED microprocessor-controlled product. The CEO, Paul Spivak, highlighted the strong partnership with Kawasaki, emphasizing commitment to excellence and future collaboration. Intellitronix specializes in American-made automotive electronics, showcasing a robust history of innovation in the industry. This order reflects growing confidence from Kawasaki in Intellitronix's unique offerings.
Intellitronix Corporation, a subsidiary of US Lighting Group (OTC:USLG), reported third quarter product sales exceeding $1 million, marking a historic high for the company. This achievement reflects a robust recovery in the supply chain amidst the pandemic, contributing to consistent monthly sales growth. CEO Paul Spivak highlighted plans for new product introductions, including the 4-IN-1 Energy Management Multifunctional System designed for RV manufacturers, alongside ongoing R&D in robotics utilizing AI. The company is strategically positioned for further growth in electronics.
U.S. Lighting Group (OTC:USLG) announced its application to join the OTCQB market, enhancing investment opportunities for shareholders. CEO Paul Spivak noted that while approval typically takes 4-6 weeks, delays may occur due to COVID-19. The company believes it meets the necessary requirements for advancement and aims to access additional resources, capital investments, and a broader shareholder base once accepted. U.S. Lighting Group specializes in LED lighting products, automotive and marine electronics, and aims to expand its product lines and make strategic acquisitions.
U.S. Lighting Group (OTC:USLG) has successfully filed its Form 10 with the SEC, transitioning to a fully reporting issuer. This milestone allows the company to pursue uplisting to the OTCQB market, reducing trading restrictions on investors. CEO Paul Spivak highlighted the company’s commitment to transparency and plans for market expansion and increased American-made products. U.S. Lighting Group specializes in commercial LED lighting, automotive and marine electronics, and AI robotics, with manufacturing capabilities based in Cleveland, Ohio.
In July 2020, Intellitronix recorded a remarkable sales increase of 11% from June, achieving a total revenue of $390,584. This upward trend is attributed to an improving supply chain and ongoing vendor support, allowing for efficient manufacturing of automotive gauges. CEO Paul Spivak expressed optimism about upcoming product launches aimed at classic car enthusiasts. With a legacy of over 40 years, Intellitronix continues to be a leader in automotive electronics.
U.S. Lighting Group (OTC:USLG) announced the completion of its audited financials for 2018 and 2019. This milestone supports the company's ambition to submit Form 10 to the SEC, aiming for uplisting to the OTCQB venture market. CEO Paul Spivak stated this move will attract a broader investor base and reinforce the company’s growth strategy within the LED lighting and electronics sectors, including their recent entry into the RV industry with energy management systems.
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