Revolution Lighting Technologies Has Been Awarded a $1,050,000 Project

Revolution Lighting Technologies (NASDAQ:RVLT) has announced that its division, Value Lighting, has been awarded a $1,050,000 project with Mill Creek Residential Trust. The project is for the installation of lighting infrastructure, including LED lighting, throughout one of Mill Creek Residential Trust’s newest properties in New Jersey.
According to the press release:

RVLT’s division Value Lighting has supplied lighting solutions, including LED lighting, for Modera Lofts, Mill Creek Residential Trust’s newest residential structure located in Jersey City, New Jersey. The lighting is located throughout common areas, corridors, and amenity areas of the former eight-floor industrial building turned into 366 luxury loft-style apartments.
“We are excited to provide high efficiency lighting solutions for Mill Creek’s latest multi-family project. This project represents another significant milestone for Revolution Lighting Technologies, and our division, Value Lighting, continuing to capitalize on growth in the multi-family sector,” said Robert V. LaPenta, CEO and Chairman of Revolution Lighting. “Lighting consists of 12% of residential energy use, and delivering high efficiency lighting solutions, including LED technology, which is up to 85% more efficient than other antiquated residential lighting technologies, significantly reducing long-term operating expenses and allowing property owners and developers to deliver high efficiency homes for their residents.”

 
Click here to read the full press release.