Quantcast
 
Read Larry Connors' blogShort Term Trading Strategies


 

Caribou Coffee Makes a Commitment to Energy Efficiency with Litetronics Spiral-PAR CFLs

Mon. October 26, 2009; Posted: 09:00 AM
Stocks RSS
MINNEAPOLIS, Oct 26, 2009 (BUSINESS WIRE) -- CBOU | Quote | Chart | News | PowerRating -- Caribou Coffee, the second-largest company-owned gourmet coffeehouse operator based in the U.S., has made a commitment to energy efficiency by mandating compact fluorescent lamps in its lighting design specifications for corporate-owned locations. The initiative is expected to save each coffeehouse up to 70% in lighting costs.

Caribou Coffee's enhanced lighting design is aligned with its commitment to social responsibility and environmental sustainability. With its mission to "provide a total experience that makes the day better," Caribou Coffee modified its lighting design requirements to make its customers feel more comfortable and relaxed while they enjoy a freshly roasted cup of coffee.

"Switching the old halogen light bulbs in Caribou coffeehouses to energy-efficient light bulbs will reduce greenhouse gas emissions. Along with our support of sustaining coffee production with Rainforest Alliance Certified Farms and our Fair Trade and organic certified coffees, this is yet another important step Caribou Coffee is taking in our quest to be mindful and sustainable in our business practices," said Mike Tattersfield, CEO and President of Caribou Coffee.

Caribou Coffee made the switch from 50-watt PAR30 halogen light bulbs to 15-watt PAR30 Spiral-PAR compact fluorescent light bulbs from Litetronics International, Inc. "The Litetronics lamps were one of several tested and were selected based on aesthetics, lifespan, efficiency, and cost," said Jeff Johnson, construction manager for Caribou Coffee. The Spiral-PAR bulbs maximize energy efficiency without sacrificing each coffeehouse's unique atmosphere.

"We're pleased that Caribou Coffee has selected Litetronics Spiral-PAR light bulbs for their corporate-owned locations. Like Caribou, Litetronics is committed to protecting the environment for future generations. We want to help restaurants achieve greater energy efficiency without sacrificing their exceptional customer experience." said Robert Sorensen, CEO of Litetronics.

By reducing energy consumption by 35 watts per socket with Spiral-PAR fluorescent bulbs, it's estimated that each coffeehouse will save up to 70% in lighting costs compared to the halogen bulbs used previously.

More than half of the Caribou Coffee corporate locations have already made the switch to energy efficient lighting. The company plans to transition the rest of its coffeehouses to Spiral-PAR lamps by the end of this year.

SOURCE: Litetronics International, Inc.

Litetronics International, Inc. 
Bridget O'Connor 
Phone: 708-389-8000 
E-mail: press@litetronics.com
For full details for CBOU click here.

    


More News:   Market Updates | Stock Alerts | All Trading News | Stock Index

Email
Print
Archives
Feedback
Email Article Link
Close X
Recipients email address
Your name
Your email
Add a note (optional)




Stocks RSS





Related News [CBOU]
  UPCOMING EVENTS
Learn new strategies, how to trade in this market, and the stocks you should be focusing on each day. Join us for our free 20 minute tele-seminars during the week.
* Attendance is strictly limited and are filled on a first-come, first-served basis.
PREMIER SPONSORED LINKS
TRADE CENTER
 
The TradingMarkets Directory
RELATED SITES
Nothing but forex
Please call 1-213-955-5858 ext. 1

About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback

Disclaimer:

The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.

It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.

HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.

The Connors Group, Inc.
10 Exchange Place, Suite 1800
Jersey City, NJ 07302

© Copyright 2009 The Connors Group, Inc.


All analyst commentary provided on TradingMarkets.com is provided for educational purposes only. The analysts and employees or affiliates of TradingMarkets.com may hold positions in the stocks or industries discussed here. This information is NOT a recommendation or solicitation to buy or sell any securities. Your use of this and all information contained on TradingMarkets.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.

© 2009 The Connors Group, Inc.