PowerSecure International, the Wake Forest energy services company, announced today that it has received $15 million in orders for its LED lights from three major retailers.
The company's LED product line is part of its effort to branch out beyond PowerSecure's traditional business line of leasing and selling backup electric generators to grocery stores, hospitals, data centers and industrial facilities.
PowerSecure makes refrigerator case lights, shelf lights, street lights and is developing a parking lot light that uses LED chips.
The company has been growing rapidly and expects to add 100 employees this year.
PowerSecure currently employs 536, most of them local, with four design and manufacturing sites in Raleigh and Morrisville.
In addition to its corporate headquarters in Wake Forest, the company has three locations in Morrisville that develop and manufacture LED light products and utility switch gear.
Its North Raleigh office focuses on utility engineering and consulting services for power transmission and distribution systems.
PowerSecure recently reported its strongest quarter financially, a dramatic turnaround from 2009 when it laid off 30 people and pared its workforce to 179.
The company's stock, which opened today at $6.23, is up 26 percent this year.
Business reporter David Bracken came to the N&O in 2004. He covers commercial and residential real estate. Contact David at 919-829-4548 or