This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Cree LED Lighting Significantly Improves Sheetz Convenience Restaurants

More than 130 locations of convenience restaurant chain Sheetz, Inc. now feature state-of-the-art LED lighting by Cree, Inc. (Nasdaq: CREE). The installation of energy-efficient Cree interior and exterior lighting at Sheetz ® retail gasoline locations is delivering a 45 percent reduction in energy costs for interior lighting and 50-55 percent reduction in exterior lighting compared to the antiquated lighting it replaced.

“LED technology has improved dramatically over the last several years and we saw that Cree was on the leading edge of LED lighting innovation,” said Doug Knisely, director of building and petroleum construction, Sheetz, Inc. “We collectively determined that the conventional, antiquated lighting that we were using at Sheetz needed to be upgraded. High-quality lighting is an imperative to our business and is extremely vital to our customers that choose Sheetz to refuel their cars and refresh their bodies.”

According to Sheetz, ranked 58 th on Forbes Magazine’s 2011 List of Top Private Companies, Cree ® LED lighting will provide a significant return on investment. From Cree’s near maintenance-free operation to the more than 50,000 hours of longevity, Sheetz expects a reduction in maintenance costs and to considerably lower the amount of kilowatt-hours of electricity used annually.

Knisely continued, “We are a customer service-focused brand and Cree’s high-quality LED lighting makes our stores appear brighter, more visually appealing and helps us deliver a safer feeling atmosphere for our customers. We continue to reinvent ourselves and bring innovation to our industry and as we open new locations in our six-state footprint, we look forward to utilizing Cree LED lighting to help us maintain our commitment of quality to our customers.”

“As an adopter of LED lighting in its new and remodeled locations, Sheetz is revolutionizing the customer experience in the retail gasoline and convenience store marketplace,” said Christopher Ruud, Cree vice president, global sales, lighting. “Cree LED products, with high efficiency and low maintenance, are the ideal solution for the round-the-clock operations of convenience stores and gas stations.”

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,096.90 -106.47 -0.58%
S&P 500 2,098.53 -9.25 -0.44%
NASDAQ 4,967.1410 -12.76 -0.26%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs