Shift from Incandescent to LED Pushed Philips Canlyte Out of Business

Philips Canlyte announced it will close its doors after 27 years, leaving around 190 workers without jobs.

Canadian division of Philips Electronics, Canlyte’s light fixture business was hit hard when the Canadian government banned incandescent bulbs in January of this year. As more and more businesses and industries turn to LED lighting, Canlyte was forced to phase out its incandescent production line and ultimately close the factory.

Employees are receiving details of their termination arrangements, said company spokesman Santina Giuliano.

Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<

Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.