EASTLAKE, Ohio, April 27, 2020 – Intellitronix Corporation, a wholly-owned subsidiary of the US Lighting Group, Inc. (OTC:USLG), announced today it closed on the purchase of a manufacturing and warehousing facility on E 222nd Street in Cleveland, Ohio.
“Intellitronix is thrilled to acquire the commercial property allowing us to expand our manufacturing footprint. We can continue to grow the business with the increased production capacity,” said Paul Spivak, CEO of the US Lighting Group. “The facility will also provide additional space needed to move forward on development projects we have with key players in the automotive, marine, and RV industries. The new acquisition should have a positive impact on our bottom line plus provide additional financial benefits to our shareholders.”
Intellitronix has plans to expand its production and warehouse operations, engineering and shipping departments, and workforce in line with meeting the company’s strategic business goals. The commercial building has 26,000 sq. ft. of manufacturing, warehouse and office space and sits on 2.0 acres of land.
As an industry leader in the automotive aftermarket, Intellitronix Corporation designs LED digital and analog gauges, off-road LED lighting, electronic switches, performance products including multi spark CD ignition systems, marine and off-road ignition systems. Products are sold through a network of large automotive distributors as well as retail channels. The Intellitronix Corporation also serves several OEM customers and has a large private label program.
About U.S. Lighting Group, Inc.
US Lighting Group (OTC:USLG) and its wholly owned subsidiary, Intellitronix Corporation, are leading manufacturers of electronics, supplying growth sectors such as high-tech robotics utilizing our own in-house proprietary artificial intelligence, LED lighting, custom designed LED products, microprocessor-controlled LED instrumentation, custom private labeled electronics, automotive, RV, and marine electronics. The company has manufacturing and R&D facilities in Cleveland, Ohio with an international sales distribution network. www.uslightinggroup.com
Forward-Looking Statements
Statements included in this press release, other than statements of historical fact, are forward-looking statements made in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are typically, but not always, identified by the words: believe, expect, anticipate, intend, estimate, and similar expressions or which by their nature refer to future events. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Actual results may differ materially from those indicated by these statements.
Contact
US Lighting Group
34099 Melinz Pkway, Unit E
Eastlake, OH 44095 USA
T: +1 216.896.7000 ext. 207