It is with reluctance that we inform you that Lighting & Electronics, Inc. will be scaling back its
operations over the next 60-90 days. It is our intention, after 50 years of quality manufacturing for the entertainment
industry, to close. We know we are making the right decision at the right time with few regrets.
Our primary objective is to make a professional exit from the entertainment industry
family specifically and from the business community generally. L&E has always tried to treat its customers and vendors
as friends who are working toward a common business goal. During this time, we hope to maintain those same relationships
with you.
As part of the transition, we are pleased to announce that Apollo Design Technology, Inc. will be acquiring
the L&E clamp business. Apollo will be integrating the Get-A-Grip, HangTuff and PipeDream clamps into their product
offerings. In addition, L&E will be selling its metal manufacturing production equipment located in Wappingers
Falls, New York over the next several months.
Finally,
we will be selling our finished goods inventory at near cost during the next three weeks. We cannot think of anyone
more deserving than the customers who supported us over the years to receive the rewards of these liquidation prices. This
is a first come - first serve basis and inventories will not be replenished.
Again, thank you for all of your support
over these many years.
Sincerely,
John
V. Fedigan Robert
V. Partridge
President Vice
President