December 15, 2023   [updated December 16]  

[UPDATED]  5 Things to Know:  Week Ending December 16

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ULT sells its "Magnetek" property in Alabama. Plus, a slew of lighting deadlines want you to act now.

 

Here's a roundup of some of the week's happenings curated to help lighting people stay informed.   

NOTE: We would like to issue a correction regarding a previous version of this article concerning Acuity Brands. In the original "5 Things to Know" article, in Item #1, we mistakenly presented Acuity Brands goals set for 2023 as the goals for 2024. We sincerely apologize for any confusion this avoidable error may have caused to our readers and to Acuity Brands.

 

1.  ULT Property Sold for $6.75 million

This real estate transaction occurred four months ago, and we apologize for the delay in reporting the news. The Inside Lighting I-Team has been appropriately admonished.

For many years, Universal Lighting Technologies (ULT) owned a property in the greater Huntsville, Alabama area. Formerly, this site hosted ULT's engineering and prototyping teams, among other departments.  The company, which abruptly shut down in March of this year, eventually sold the property to a Florida company.

According to Jones Lang Lasalle, the property is a side-load industrial building with a total area of 128,860 square feet. It features 44,050 square feet of office space, with 15,550 square feet on the second floor, and includes 5.6 acres of excess frontage land on Wall Triana Highway in Madison.

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In August 2023, ULT completed a real estate transaction by selling the property to Huntsville Industrial Property AL LLC. This property, situated in Madison, Alabama, was sold for $6,750,000.  The property was cited on the deed as Magnetek Corporate Park, a reference to MagneTek, a company acquired by ULT in 2001.

 


2 .  Trade Shows, Conferences and other Deadlines of note

 

We do not publish headline news stories about awards submission deadlines, lighting event registrations, or conference speaker submission deadlines. However, a flurry of them have recently hit our inboxes. Here's a rundown:

 

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3.   New WILD Board of Directors:

 

Women in Lighting + Design (WILD), a community focused on empowering women and allies in the architectural lighting industry, has announced its new Board of Directors for the upcoming 2024-25 term.  Unsurprisingly, the organization will once again have an all-female board. 

  • Alessa Aguayo: Appointed as WILD International President for 2024-2025.

  • Kelly Roberts: Transitioning to Past President role.

  • Lois Hutchinson: Continues as Programs Chair for another 2-year term.

  • Haley Laurence: Continues as Outreach Chair for another 2-year term.

  • Sriti Singh: Stepping down as inaugural Treasurer.

  • Amy D. Lux: Newly appointed as Treasurer

 


4.   ATTENTION LEDucation Exhibitors:

 

When Inside Lighting attends a major lighting trade show, our role is to bring the event’s stories to the numerous lighting professionals who cannot be present. Inside Lighting will be at LEDucation 2024, March 19-20, and looks forward to giving a signal boost to exhibitors, helping them showcase their innovative lighting and controls products to lighting people everywhere.

 

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5.   USGBC Applauds Global Climate Deal

 

In a landmark decision at the COP28 climate summit in Dubai, representatives from nearly 200 countries agreed to commence reducing global consumption of fossil fuels, marking a critical step towards mitigating climate change. The deal, as reported by Reuters, is seen as signaling the end of the oil age, was described as "historic" by COP28 President Sultan al-Jaber. The agreement aims to unite global efforts in transitioning away from fossil fuels, striving “to achieve net zero by 2050.”

In response, the U.S. Green Building Council (USGBC) issued a statement applauding the agreement, known as the UAE Consensus. USGBC CEO Peter Templeton highlighted the agreement's emphasis on urgent action, including specific targets for doubling the rate of energy efficiency improvements and tripling renewable energy capacity by 2030. He noted the importance of the building sector in achieving these goals and expressed USGBC's commitment to supporting the agreement's implementation.

The USGBC's participation in COP meetings since 2009 underscores its dedication to engaging the building sector in climate action. The USGBC cited its plans to continue working with governmental and private sector partners to exceed the commitments made at COP28 and to promote a rapid, holistic, and equitable transition.

 

 

 

 

 

 




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