Carmanah & Semex establish Mexican manufacturing and distribution partnership

Friday, Jan 08, 2010

Carmanah Technologies and Semex today announced a manufacturing & distribution partnership that will bring leading-edge solar LED lighting and solar-powered traffic beacon technology to Mexico. Carmanah and Semex have partnered to manufacture solar LED lighting and signaling solutions for outdoor lighting and traffic applications at Semex’s facility in Monterrey, Mexico.

The manufacturing agreement will allow both companies to penetrate further into the outdoor lighting market in Mexico and will help them to service major clients across the country.

The partnership will combine the ingenuity of a traffic light component manufacturing company with the leading-edge technology of Carmanah solar LED lighting solutions. This will further enable the offering of high-performance solar solutions at competitive market prices helping to both accelerate the adoption of solar technology within the targeted territories and establish Carmanah and Semex as leading providers of solar LED outdoor lighting and solar traffic signaling products. With Semex’s strong local presence and service capabilities, customers will be able to procure solar lighting and solar traffic products and leverage Semex’s local installation and maintenance capabilities, providing customers with full turn-key products and services.

“We are pleased to partner with Semex to create a Mexican ‘Powered by Carmanah’ solar LED lighting solution,” said Ted Lattimore, Carmanah CEO. “Semex has a long and very successful track record of traffic-oriented products and customer service capabilities in Mexico. Combined with Carmanah’s outdoor solar area lighting and solar-powered traffic solutions, customers will be afforded with a broad product and service portfolio addressing both their on and off-grid requirements progressing our leadership position in this area.”

Alejandro Brunell, Semex President and CEO added, “With this partnership we will be offering the best energy solutions customized to meet any power requirement of our multiple clients. Corporations and governments are becoming more educated on the importance of energy conservation and utilizing sustainable resources.

“The solar-powered LED lights that will be manufactured at our facility will offer a competitive cost-value ratio and will provide cost-effective lighting solutions using high-quality components. We are confident our partnership with Carmanah will bring enormous benefits to our clients.”

Powered by Carmanah solar technology and incorporating Semex components, the solar LED lighting solutions will provide stand-alone lighting that functions completely free from electrical grid connections, providing highly reliable illumination for a variety of outdoor lighting applications including streets, parking lots and residential areas.

About Carmanah Technologies Corporation

As one of the most trusted names in solar technology, Carmanah has earned a reputation for delivering strong and effective products for industrial applications worldwide. Industry proven to perform reliably in some of the world's harshest environments, Carmanah solar LED lights and solar power systems provide a durable, dependable and cost effective energy alternative. Carmanah is a publicly traded company, with common shares listed on the Toronto Stock Exchange under the symbol "CMH”.

About Semex

Semex is a leading developer and manufacturer of highway safety and traffic products serving customers worldwide for the past 50 years. Semex is part of the Signal Group’s companies .

Source: Businesswire