Monday, April 26, 2010

Stimulus: LED factory opens in Brevard County - 832 new jobs

SATELLITE BEACH, Fla., April 26
Lighting Science Group Corporation, a leading American maker and innovator of LED-based lighting, has been awarded a preliminary allocation of up to approximately $18.8 million in federal economic stimulus bonds to acquire and develop a research, development, engineering, design, and manufacturing facility in Brevard County, Florida that has the potential to create 832 new jobs.

As a result of recent developments, Lighting Science Group has outgrown its current facility in Satellite Beach, Florida.  A new facility will position the Company to expand its American LED lighting manufacturing capacity.  The Company is looking at several locations to build or acquire a suitable facility of approximately 100,000 square feet.

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