The 2010 Inc. 5000: Companies at Work
The state of New Jersey is in the process of replacing half a million streetlights with energy-efficient models. US Lighting Tech (No. 336), a $14.9 million company based in Irvine, California, recently landed a $50 million contract to replace more than 100,000 of them. The company's induction lights, shown here in Teaneck, New Jersey, consume half as much power as the high-intensity discharge lights used in many American cities. Induction lights also produce natural, white light instead of an orange glow. CEO Richard Ham spun off US Lighting Tech from his family's consumer lighting company, US Energy Technologies, in 2006. Today, the business sells lighting fixtures to businesses and municipalities for use in warehouses, parking garages, and outdoor areas.