Orion Secures Additional $35 Million LED Lighting Installation Contract


(OrionLighting), announced that it has expanded the retrofit of a major national account customer’s lighting systems with Orion’s state-of-the-art LED lighting and wireless IoT enabled control solutions at additional locations nationwide. Orion anticipates additional revenue of $35 million under the contract, which is dependent on the customer's issuance of purchase orders. The contract builds upon an earlier letter of intent for Orion to provide approximately $11 million in turnkey LED lighting retrofit services, most of which were completed in Orion’s fiscal 2019 fourth quarter ended March 31, 2019.

The customer selected Orion for additional LED lighting retrofit business based on Orion’s proven ability to design, develop and install customized, highly energy-efficient, U.S.-manufactured LED lighting solutions on a turnkey basis. Orion’s services will again include initial energy audits, custom design, fixture manufacturing, IoT enabled control systems, IoT system commissioning and full project management through installation at a number of the customer's locations nationwide.

A significant portion of the installations are expected to be completed in Orion’s fiscal 2020 first quarter ending June 30, 2019. The installations will include both Orion LED lighting systems and state-of the-art IoT enabled control systems.

Orion CEO, Mike Altschaefl, commented, “These added projects are not only an endorsement of the values, expertise, product quality, and customer commitment of the entire Orion organization, but also a confirmation of the customer’s satisfaction with our solutions and service to date. We look forward to the successful completion of these installations and are optimistic regarding the potential to secure additional projects with this customer.

“Orion is best differentiated in the large national account arena where we are unique in combining project design and engineering, high product quality, energy efficiency, industry leading customer service, U.S. manufacturing, and quick order turnaround all wrapped in a fully turnkey solution including installation services. The successful execution of these and other projects is a core focus of our organization, as customer satisfaction remains the critical ingredient in attracting both new and repeat LED retrofit business.

“We will provide an update regarding our fiscal 2020 financial outlook with our fiscal 2019 earnings call later this spring.”

 



April 11, 2019


Topic Area: Press Release


Recent Posts

Hand, Foot and Mouth Disease on the Rise

A number of states are reporting an uptick in HFMD, a highly contagious viral illness that primarily affects infants and young children.


Preparing for the Hazards of Winter Weather

Winter is here and healthcare facilities must be ready for inclement weather to prevent slips and falls.


BayCare Reveals Pagidipati Children's Hospital at St. Joseph's

It is a freestanding facility scheduled to open in 2030.


Why Identity Governance Is Becoming a Facilities Management Issue

As healthcare buildings grow more connected, weak identity controls can expose HVAC, security and other critical systems to serious risk.


Habitat Health Opens South Los Angeles PACE Center

The new center strengthens the local care infrastructure, delivering integrated medical, social and in-home care.


 
 


FREE Newsletter Signup Form

News & Updates | Webcast Alerts
Building Technologies | & More!

 
 
 


All fields are required. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

 
 
 
 

Healthcare Facilities Today membership includes free email newsletters from our facility-industry brands.

Facebook   Twitter   LinkedIn   Posts

Copyright © 2023 TradePress. All rights reserved.