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US Lighting Group, Intellitronix Corporation Finish 2020 on Positive Note
January 12, 2021 | Globe NewswireEstimated reading time: Less than a minute
U.S. Lighting Group, Inc. and its wholly owned subsidiary, Intellitronix Corporation, experienced a record-breaking year in sales, products manufactured, and products shipped in 2020. In the opinion of the company’s management, the US Lighting Group will be profitable anticipating approximately $4 million in gross sales, an estimated $1.4 million or 50% increase over 2019.
“The US Lighting Group had an outstanding year in 2020 with roughly $4 million dollars in gross sales. We surpassed prior year records with products shipped out the door in Q3 and Q4. Many businesses experienced a downturn during the COVID-19 global pandemic, but we were very fortunate to have the opposite occur. At one point, we had a backlog of orders valued over $900,000. To strengthen our production process, we purchased a new Speed Print Technology 700 Series screen printer and high speed Europlacer iineo+ SMT Component Placement System, increasing our printed circuit board (PCB) output three-fold.” said Paul Spivak, CEO of the US Lighting Group.
The US Lighting Group is a US designer and manufacturer of commercial LED lighting products, automotive and patented marine electronics, groundbreaking energy management products for the RV industry.
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