American pioneer metal halide lamp light source manufacturers announced price hikes

Another large lighting brand has announced price increases. Venture (American pioneer source) is a major supplier of HID lamps and electronic ballasts, said recently in traditional technology price increased by 8%, and the LED light source is a new temporary price.

President Dan Phalen and Mark D, vice president of sales "Antonio published a letter pointed out that the company prices is due to the cumulative effect of materials and parts, transportation, packaging, wages and other costs, including health care, income".

"As we continue to experience industry technological progress and rapid change, we see the traditional technology (HID) lighting products demand weakened, which caused further pressure on the cost of traditional technology."

"Although we continue to actively improve the productivity and reduce the cost, but we are unable to offset these costs, so we announced the general rise in our traditional HID lamp and ballast products price."

In July 16th the average price of these products will rise by 8%. Before bidding project will be based on the original terms and conditions shall be fulfilled.

Venture in the past ten years by the tremendous impact of the LED revolution. The company's success is based on a metal halide lamp or HID lamps, these lamps are very popular in the retail, commercial and industrial applications. However, with the LED lamp can provide higher lumen packages, they have quickly lost market share.

After May 11th, Acuity Brands announced price increases of 6%, May 17th Eaton announced the price of 6%. To be sure, with lighting equipment prices over the years, lighting equipment manufacturers in order to improve profitability, other brands will follow the price in the next few weeks. (Editor: LED James)

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