December 21, 1993
CSL Lighting Manufacturing Inc. will sell 1.6 million common shares for up to $5 each in the company's initial public stock offering. The Valencia-based company designs and manufactures fixtures for commercial and residential customers. Company officials will use the proceeds to repay debt and for marketing and working capital.
July 16, 1996
CSL Lighting Manufacturing Inc., a Valencia maker of lighting products, said it will open an architectural lighting application and design facility in Shanghai, China. The new plant, due to open next month, will support CSL's manufacturing, marketing and sales efforts throughout Asia, the company said.
May 17, 1994
CSL Lighting Manufacturing Inc., a Valencia maker of lighting fixtures, reported a 10% decline in earnings in its first quarter that ended March 31 to $76,000 from $84,000 a year before. The company's revenue in the latest three months rose 31% to $4.06 million from $3.1 million. CSL said its net was affected by its product mix and increased selling expenses.
July 9, 1996
CSL Lighting Manufacturing Inc., a Valencia maker of lighting equipment, said it is starting to expand into worldwide markets and has opened offices in Singapore and Dong Guan City, China. The Dong Guan City office will support CSL's expansion into the South China Region, where the company already has some manufacturing agreements. The Singapore office will support marketing and sales in Singapore, Thailand, Malaysia and Indonesia.
April 19, 1994
CSL Lighting Manufacturing Inc., the Valencia-based maker of light fixtures, said it has been extended a $5.8-million credit package from Bank of America. The Bank of America credit and loan package consists of a two-year, $5-million revolving line of credit and a three-year, $834,000 loan. The company will use the capital to repay some existing bank debt and for working capital. Earlier this year, CSL raised $8 million in its public stock offering.
May 16, 1995
CSL Lighting Manufacturing Inc., a Valencia-based manufacturer of lighting fixtures, reported a big jump in earnings for the first quarter that ended March 31, although sales fell 3%. CSL posted net income of $182,000 for the first quarter, more than double earnings of $76,000 reported in the same three-month period a year earlier. Sales totaled $3.93 million in the first quarter, down slightly from $4.06 million.