July 8, 2022
5 Things to Know: Week Ending July 9
IES eyes revenue lift, and a large bridge lighting project seems to be mostly working ahead of important deadline.
Here's a roundup of some of the week's happenings curated to help lighting people stay informed.
1. IES Dues Increase
The Illuminating Engineering Society (IES) has announced a dues increase across numerous membership categories effective August 1. Individual annual memberships will increase from $200 to $225, a 12.5% bump.
The lowest two tiers of Sustaining Membership, Contributor and Supporter, will also see an increase. Based on currently published member counts, the Sustaining Membership dues increase should provide approximately $90,000 of lift to IES revenues.
*Student ($25), Retired ($85) and Emeritus ($0) member dues are unchanged
2. American Factories Are Making Stuff Again as CEOs Take Production Out of China
The pandemic forced companies to rethink their supply chains. “This is just economics,” says one executive who made the move.
3. Punch List Update: 31,000 feet of Winona Lighting
In February we shared a report of what appears to be an exquisite design and installation of Winona lighting fixtures (specified by prominent New York lighting design firm, Domingo González Associates) that has been vexed by electrical surge issues. The Birmingham, Alabama NBC News 13 I-Team continues its reporting on the progress that the electrical contractor is making to work through the punch list ahead of the 11-day World Games taking place this month in the Pittsburgh of the South.
4. Amazon's Construction Impact
It's unusual for one private sector company to move the needle on the entire C&I construction industry, but Amazon did just that in 2021 by building a litany of 3.5+ million square foot warehouses that helped boost the C&I construction economy.
In 2022, Amazon is pulling back on warehouse construction. Will this now cause a more rapid swing of the C&I pendulum in the opposite direction?
Amazon cancels, delays wave of warehouse projects »
5. Global Semiconductor Sales Continue to Accelerate
After a record sales year in 2021, the semiconductor industry is not slowing down. Global semiconductor industry sales were $51.8 billion in the month of May 2022, an increase of 18.0% over the May 2021 total of $43.9 billion and 1.8% more than the April 2022 total of $50.9 billion.
