Venture establishes indigenous phosphor production in the United States that will compete in the global marketplace for both commercial and defense applications.
Lowell, Ma., and Philadelphia, Pa., April 15, 2011 – Performance Indicator LLC, a market leader in color change and indicator technology, and Day & Zimmermann, a premier provider of industrial, defense and workforce solutions, have formed a joint venture to develop and manufacture long persistent and novel phosphors.
The joint venture, which will operate as US Phosphor, LLC, combines Performance Indicator’s patented technology and intellectual property licensed from the University of Georgia for unique and robust long persistent phosphors with Day & Zimmermann’s significant expertise in industrial engineering and manufacturing. US Phosphor’s manufacturing operations will be conducted out of Day & Zimmermann facilities.
“The creation of US Phosphor represents the meaningful collaboration of entrepreneurial industry, academia and big business, with each party contributing their strengths and expertise to form a global powerhouse,” said Robb Osinski, co-founder of Performance Indicator.
“The maturation of this technology combined with a U.S. based production facility for long persistent and novel phosphors is creating an entirely new industry here in the U.S.,” said John Sacht, Sr. Vice President of Emerging Technologies for Day & Zimmermann. “US Phosphor brings an innovative and significantly enhanced product portfolio to customers worldwide.”
Performance Indicator is the creator of chemistry and material science-centric electromagnetic color change technology that is safe and green for use in commercial and military applications. Performance indicator is located in Lowell, Massachusetts. For additional information, visit www.Performanceindicator.com or contact Mike Charley at (978) 459-4500.
Day & Zimmermann’s 24,000 employees provide industrial, defense and workforce solutions to a broad base of commercial and government customers. Operating from more than 150 worldwide locations with 2.2 Billion USD in revenues, the Day & Zimmermann family of companies is currently ranked as one of the largest private companies in America by Forbes and is a former winner of the U.S. National Family Business of the Year award. Headquartered in Philadelphia, PA, Day & Zimmermann companies today provide a wide range of services world-wide to the Department of Defense, other government groups and defense industry contractors.