Douglas Lighting Controls Inc., Bankruptcy

Douglas Lighting Controls Inc., a Burnaby, British Columbia-based lighting manufacturer, filed an assignment in bankruptcy on June 13, 2023, citing “the lasting impact of the Covid-19 pandemic”, which has hit the company through a “combination of shortages, delays and high costs in industries vital to the LED industry”. The company is shutting down its operations and has laid off employees in the US, Mexico and Canada. The company lists approximately $12.3 million in liabilities, including over $8 million in secured debt to FGI Worldwide. KPMG is the Bankruptcy Trustee.

By: Dina Milivojevic