Philips Lumileds and Future Electronics restructure distribution agreement
Philips Lumileds, San Jose, Calif., and Future Lighting Solutions, Montreal, a division of Future Electronics, have restructured their distribution agreement so both companies can build upon their long-standing relationship while creating new opportunities for additional partnerships. Philips Lumileds will now have the opportunity to distribute and sell its LED products through additional partners in various regions. Future Lighting Solutions will now have the opportunity to distribute other suppliers’ solid-state lighting lines.
Gerry Duggan, executive V.P., Future Electronics, said in the press release announcing the restructured distribution agreement, “Philips Lumileds will continue to be a valued partner for us. We at Future Lighting Solutions will now have the opportunity to expand our portfolio of products in order to address the needs of our lighting customers. We are excited with this development.”
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Jim Lucy has been wandering through the electrical market for more than 30 years, most of the time as an editor for Electrical Wholesaling, Electrical Marketing newsletter and CEE News. During that time he and the editorial team for the publications have won numerous national awards for their coverage of the electrical business. He showed an early interest in electricity, when as a youth he had an idea for a hot dog cooker. Unfortunately, the first crude prototype malfunctioned and the arc nearly blew him out of his parents' basement. Before becoming an editor for Electrical Wholesaling magazine and Electrical Marketing, he earned a BA degree in journalism and a MA in communications from Glassboro State College, Glassboro, NJ., which is formerly best known as the site of the 1967 summit meeting between President Lyndon Johnson and Russian Premier Aleksei Nikolayevich Kosygin, and now best known as the New Jersey state college that changed its name in 1992 to Rowan University because of a generous $100 million donation by N.J. zillionaire industrialist Henry Rowan. Jim is a Brooklyn-born Jersey Guy happily transplanted in the fertile plains of Kansas for the past 20 years.