Philips Invests EUR 35 Million in Lighting Plant

Philips Electronics has announced a new investment of EUR 35 million in its Turnhout Lighting plant. In recent years, Philips Turnhout has developed into the global centre of innovation and production for high-intensity discharge lamps and metal lamp components, and one of the cornerstones of Philips' Lighting Division. The investments will be made in the period 2005-2007.

This further major investment in Turnhout, which coincides with the plant's fiftieth anniversary, will strengthen its leadership in the global market and confirms its position as one of Philips' most successful European plants. Approximately EUR 35 million will be invested in the extension of the production of Master Color CDM lamps. Theo van Deursen, CEO Philips Lighting: "This investment confirms our continuing ambition to set the pace in the lighting industry and shows that we are prepared to make investments in Western Europe when we have technology leadership."

Ceramic Discharge Metal (CDM) halide lamps use a ceramic burner. They are characterised by their high color rendering and color stability. At the same time, they offer lower energy consumption and a longer lifetime than other discharge lamps and therefore a lower cost of ownership. CDM lamps are being increasingly used in indoor applications - especially in shops, where they allow shop owners to show off their merchandise under bright, true-to-life colors. Outdoors the lamps (called Master City White), with their cosy warm white light and high color rendering, enhance people's feeling of comfort and safety at night.

Henk Coppens, Senior Vice-President Philips Lighting and general manager of Philips Turnhout: "We are very pleased with this investment. It gives us the opportunity to raise our level of knowledge and to continue offering applications which customers choose because they are tailor-made to their requirements, technically advanced and at the same time simple to set up and to use."

http://www.philips.com

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