2014

Tech Lighting LLC Acquired by Harbour Group

    SKOKIE, Ill., May 4 /PRNewswire/ -- Tech Lighting LLC, a leading designer
 and manufacturer of architectural lighting systems, announced that it has been
 acquired by Harbour Group, a privately owned company based in St. Louis. The
 company was purchased from Dixon Midland LLC, a private investment group based
 in Chicago. Terms of the transaction were not disclosed.
     Based in Skokie, Tech Lighting was founded in 1983 and has approximately
 230 employees. The company is a leading designer and manufacturer of branded,
 high quality architectural lighting systems for commercial and residential
 use. The company's extensive product line includes more than 6,000 items,
 marketed under such well known brands as Tech Lighting(TM), 2thousand
 degrees(TM) and tiella(TM). The products enjoy leading market shares and are
 sold nationally through more than 1,000 retail lighting showrooms and more
 than 1,000 commercial electrical distributors. Additional information about
 the company and its products can be found on its website at
 www.techlighting.com.
     Harbour Group and its related companies are engaged in the manufacture and
 distribution of a wide variety of consumer and industrial products. The
 company focuses on the growth and development of manufacturing and
 distribution companies for long-term investment.
     Joe Higgins, Tech Lighting's President, said the acquisition by Harbour
 Group will allow the company to continue to pursue its growth strategy. He
 commented, "Harbour Group has recognized the value we've created through
 innovative product development, a focus on superior customer service and the
 development of an extensive distribution network. We believe this will be a
 valuable relationship for both companies and we look forward to working with
 them to continue to grow the business."
     Mr. Higgins does not expect significant changes in the current operating
 structure and expects key management to continue in its current role. Tech
 Lighting will continue to focus on its outstanding customer service, on
 innovative new product introductions and on maintaining the company's position
 as a leading designer and manufacturer of high-quality architectural lighting
 systems.
 
 

SOURCE Harbour Group

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