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Torrance Office of Economic Development Honors LEDtronics for Helping Businesses Get Greener

LEDtronics President and CEO Pervaiz Lodhie with Torrance Advantage award
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Torrance, Calif., April 09, 2010 – LEDtronics, Inc., was a winner of the 2009 “Enriching the Community Award” given by the City of Torrance Office of Economic Development as part of its annual Torrance Advantage program. “Enriching the Community Award” recognizes businesses for their excellence in contributing to the city’s prosperity through increase in revenue and tax base.

Eight Torrance Advantage Awards, which showcase businesses that demonstrate innovative economic development strategies, were given in four categories at the third annual awards ceremony, held March 25. The special reception at Torrance’s new Miyako Hybrid Hotel was attended by local city and county government officials, Chamber of Commerce members, South Bay dignitaries and community leaders.

Torrance Mayor Frank Scotto noted how fortunate the city is “that we have businesses that take advantage of the challenges, and find ways to grow in new directions and new avenues.”

In presenting the award, the mayor said: “LEDtronics has grown from its start as a small two-person manufacturing organization into one of the world’s leaders in designing, manufacturing and packaging of energy-efficient, environmentally friendly light emitting diode (LED) lamps that help save energy costs and contribute toward conservation efforts. It now employs 300 people and has sales representatives worldwide. This is a testament to its 27-year history of contributing to the prosperity of the Torrance community.”

With its 15-percent growth this year and 25-percent growth over the past five years, the mayor said, LEDtronics embodied this year’s awards theme, “Grow with us!” In many ways, he added, through fulfilling its mission of “greening businesses,” LEDtronics has been greening the community through its financial success and assistance to help transform others into more responsible stewards of the environment.

Fran Fulton, Economic Development manager, also emphasized LEDtronics’ role in the mission to conserve energy both in the community and the world with every client and project, and said the company continues to help fulfill the economic development goals of the city.

Upon accepting the award, President and CEO Pervaiz Lodhie acknowledged the privilege of having the city of Torrance as a partner in growth through the many ways the government has lent support through the past 27 years. “I see a lot of good things happening in this city, and we want to be part of this cycle and we want to see lot of jobs created,” he said.

In addition to the prestigious trophy and plaque, LEDtronics received a signed letter of recognition from the mayor of Torrance, certificates of recognition from the State of California, and certificates of commendation from the County of Los Angeles and the U.S. Congress.

LEDtronics prides itself on nurturing a corporate culture that is centered on service and community giving, both locally and globally. Founded in 1983, the company has been a technological leader in designing, manufacturing and packaging state-of-the-art LEDs to meet the world’s constantly changing lighting needs. Its inventive product line encompasses an array of direct incandescent lamp replacement LEDs, low-cost snap-in and relampable panel-mount LEDs, high intensity sunlight-visible discrete LEDs, PCB LEDs, circuit board status indicators, surface-mount diodes SMT LEDs, full-spectrum rainbow RGB LEDs and Infrared (IR) LEDs.

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