NEW ALLIANCE SHOULD ADD U.S. MANUFACTURING JOBS
Pace Industries, North America’s largest custom aluminum die-casting manufacturer, will supply die cast components to a leading U.S. maker of LED lighting.
Posted: July 8, 2010
In a move that is expected to strengthen and grow America's manufacturing base, Lighting Science Group (Satellite Beach, Fl), a leading U.S. maker of LED lighting, has entered into a relationship with U.S. die cast manufacturer Pace Industries (Fayetteville, AR) for Pace to supply key components to Lighting Science Group.
Pace Industries is North America's largest custom aluminum die-casting company, with resources in aluminum, zinc and magnesium. The company formerly known as Leggett & Platt Aluminum Group houses 14 manufacturing facilities in the U.S> and Mexico, including nine die-casting divisions, three tool and die shops, and one finishing and painting facility with more than 2,700 total employees.
The alliance is expected to increase Lighting Science Group's manufacturing capacity and efficiency as a result of the reduction in supply times for critical LED product components. The outcome should be an increase in the number of high- performance, affordably priced, environmentally friendly, long-lasting, and energy-efficient LED lighting products for sale.
"This is a perfect American manufacturing match," said Zach Gibler, chief executive officer of Lighting Science Group. "The relationship will not only help increase our manufacturing capacity and efficiency, but it will also provide an opportunity to grow our U.S. workforce and increase sales. This is a win-win-win situation — good for Lighting Science Group, good for Pace Industries, and good for America."
In order to meet the increasing demand for its LED lighting products, Lighting Science Group expects to expand its manufacturing capacity, to create a substantial number of new jobs, and to tap Pace Industries for increased supply requirements of die cast components. "In an era where many manufacturing jobs are being created overseas, this alliance will assist in creating jobs right here at home," said Scott Bull, chief executive officer of Pace Industries. "We are very excited to be working with Lighting Science Group in the production of their next generation LED lighting products."
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