September 2015 Issue Business View Caribbean

Business View Caribbean - September 2015 71 Traditional light bulbs generate a lot of heat while they’re generating light. That heat is useless in terms of the bulb’s main function, which is to provide illu- mination, but it still uses up a great deal of electrical energy, nonetheless. In contrast, LED lighting runs at room temperature. More important, LED lights have a much longer life span. Most LED products have a mini- mum 50,000+ hours rating, which means they could last for over 10 years depending on usage. Caribbean LED Lighting produces a wide variety of leading edge, LED lighting products – bulbs, tubes, flood lights, high bay ceiling fixtures, flat panels, and wall packs - as well as other energy saving products and services. Starting with only two workers, Caribbean LED Light- ing now has 40 employees, and continues to recruit talented people. “The business is growing very fast,” says Reid. “We’ve seen double-digit compound growth since we started. We’ve got an 8000 square-foot fac- tory and we’ve just taken on another 4000 square feet, next door. We’ve just opened up a new production line for new products, so we’re adding products to our portfolio on a fairly regular basis. We have some really exciting products under development and some state- AT A GLANCE WHO: Caribbean LED Lighting WHAT: Manufacturer of LED (Light Emitting Di- ode) lighting products WHERE: St. Michael, Barbados WEBSITE : www.caribbeanledlighting.com