The Boerne-based company GreenStar Products Inc. is moving its headquarters and U.S. manufacturing facility to San Antonio as one of CPS Energy's “new energy economy” partners.
It's in the second phase of investment, and money is coming from places like Venezuela and Mexico. The company has divided the world into four markets — the United States/Canada, Latin America, India and Europe — and plans to sell to nearly every corner of the globe. It already manufactures in India as well.
The company was founded after a meeting in Milan between Boerne businessman Paul Duran (now GreenStar CEO and president) and Chuck Chakravarty, (now GreenStar's chief operating officer) a native of India who was living in Poland at the time.
The company basically combines technologies from Philips Lumileds Lighting Co. of California and Texas Instruments Inc. of Dallas with its own patents to manufacture two basic product lines: indoor and outdoor lights.
In agreeing to move its headquarters to San Antonio from Boerne, GreenStar initially will make at least 25,000 LED streetlights in San Antonio for the city's streets. And its indoor lighting products are for warehouses, factories and parking garages.