International. Portuguese LED lighting company Arquiled invested about $2,600,000 in the expansion of its factory, which includes the construction of its own branches in the United States and Brazil next year.
In order to counteract the crisis in Europe, this company focused its attention on the American continent, "the United States and Brazil are two strategic and priority markets for us at this time, because our market stagnated just like the rest of Europe" justified Rafael Santos, CEO of Arquiled.
This company confirms its internationalization plan that began with the development of architectural lighting projects with LED technology resources in several countries. "We have an ongoing project in the United States and we are preparing to create an Arquiled America next year," said Rafael Santos.
The projection of the company seeks to create an assembly factory in Brazil, however at first the structure plans to focus on the promotion of products, based on LED technology, substitutes for conventional lamps.
