Noribachi

Noribachi
Private
Industry Lighting and LED technology
Founded 2007 in Albuquerque, United States
Founders Farzad and Rhonda Dibachi
Headquarters Harbor City, Los Angeles, United States
Key people
  • Farzad Dibachi (CEO)
  • Rhonda Dibachi (Executive chairman)
  • Dave Ristow (CFO)
  • Bruce Wiggins (EVP, General counsel)
  • Ron Sreenan (VP, General manager of digital display technologies)

[1]

Revenue $23 million[2]
Number of employees
 170[3]
Website www.noribachi.com

Noribachi is an American LED technology manufacturing company based in Harbor City, Los Angeles.[4] The company specializes in clean lighting technology for industrial and commercial applications within the agricultural, automotive, educational, healthcare, hospitality, manufacturing, sports and transportation categories.[5][6][7] It was the first company to introduce stadium-quality LED lighting.[7]

Noribachi has been included on Inc. Magazine's Inc. 5000, it was considered the 7th fastest growing private business in Los Angeles in 2014[8] and Forbes has named Noribachi one of "America's Most Promising Companies" for two consecutive years in 2014 and 2015.[2]

History

Noribachi was founded in 2007 by Rhonda and Farzad Dibachi. The couple initially met while working for General Electric and later established a technology company together, Niku Corporation. The Dibachi's took the company public in 2000[9] and it was acquired by Computer Associates in 2003.[10] Both Rhonda and Farzad Dibachi held positions at Oracle prior to founding Niku.

In 2006, the Dibachi's moved to New Mexico and launched Noribachi the following year.[11] The company has launched various technology startup companies[12] including Green by Design,[10] an education website about green products, and Regen Inc., a solar electronics marketing and manufacturing firm where Farzad Dibachi served as director.[13] In February 2010, Noribachi launched a solar panel manufacturing company called Solar Distinction Inc. Noribachi also started Visible Light Solar Technologies, where Dibachi served as director, to manufacture and market lights, as well as Qnuru to design and market the light features.[14]

The company relocated its headquarters from Albuquerque, New Mexico to California in 2012. It is now located in Harbor City in the southern region of Los Angeles.[15] In 2015 the company reached a partnership agreement with Samsung Electronics.[16]

Operations

Noribachi operates a 90,000 square foot manufacturing facility that produces LED lighting products.[17] Noribachi custom manufactures 100 percent of its lights from its Los Angeles facility.[18] The company’s LED products are produced for high output commercial and industrial facilities in various industries including agriculture, automotive, commercial, educational, hospitality and others.[19][20][21] In 2015, Noribachi expanded its product line to include linear-style LED light fixtures, additions to the hazardous LED lighting line, and the introduction of a new wireless control capability.[22] In 2016, the company introduced LED color changing floodlights.[23]

The company holds several patents and has over 8,500 lighting installations. Its clients include companies such as Transportation Security Administration (TSA),[24] Sandia Resort and Casino,[25] Mercedes-Benz and Lexus. In 2014, Inc. Magazine ranked Noribachi as one of the fastest-growing private companies in the country,[26] and the 17th best manufacturing company.[20] In 2015, Noribachi ranked among the top 500 fastest growing companies after experiencing a 1,973 percent three-year growth rate, according to Inc. Magazine[20] and ranked 47th on the Deloitte Technology Fast 500 list.[27] Noribachi was included in Entrepreneur Magazine’s Entrepreneur360 in 2015.[17]

See also

References

  1. ↑ "Noribachi Corp". Bloomberg. Retrieved April 28, 2016.
  2. 1 2 "America's Most Promising Companies". Forbes. 2015. Retrieved May 14, 2015.
  3. ↑ Insheiwat, Shelly (April 14, 2016). "Mayor Garcetti: State of City Getting Stronger Every Day". FOX 11. Retrieved April 28, 2016.
  4. ↑ Rouen, Ethan (December 19, 2011). "How crafty startups handle job recruiting". Fortune. Retrieved May 14, 2015.
  5. ↑ "Lighting Roundup: Plumen Designer Bulbs, Qatar and a Project to Drool Over". Environmental Leader. March 8, 2011. Retrieved May 14, 2015.
  6. ↑ Hochman, Paul (November 1, 2009). "Solar Power with Style". Fast Company. Retrieved May 14, 2015.
  7. 1 2 Teschler, Leland (February 22, 2013). "Get ready for LED-lit ballgames". Machine Design. Retrieved May 14, 2015.
  8. ↑ "Fastest Growing Private Companies". LA Business Journal. November 17, 2014. Retrieved May 14, 2015.
  9. ↑ Tran, Khanh T.L. (March 1, 2000). "Avenue A, Niku Set Brisk Pace With Their Public Offerings". The Wall Street Journal. Retrieved May 14, 2015.
  10. 1 2 Robinson-Avila, Kevin (May 3, 2009). "Noribachi gives solar products an appearance worth envying". Albuquerque Business First. Retrieved May 14, 2015.
  11. ↑ Robinson-Avila, Kevin (October 14, 2011). "Market volatility shakes up the solar industry". Albuquerque Business First. Retrieved May 14, 2015.
  12. ↑ "Champion investors in photovoltaics". Renewable Energy World. October 1, 2010. Retrieved May 14, 2015.
  13. ↑ Lee, Anne C. (May 22, 2010). "Robert Brunner". Fast Company. Retrieved May 14, 2015.
  14. ↑ Robinson-Avila, Kevin (April 11, 2010). "Dibachis work to harness the sun". Albuquerque Business First. Retrieved May 14, 2015.
  15. ↑ "US LED manufacturer opens new manufacturing and business headquarters". Lighting News. February 26, 2015. Retrieved May 14, 2015.
  16. ↑ Donoff, Elizabeth (September 22, 2015). "Noribachi and Samsung Electronics Form Partnership". Architectural Lighting. Retrieved October 14, 2015.
  17. 1 2 "LED lighting manufacturer Noribachi announces record-breaking 2015, lays out plans for continued growth". LEDs Magazine. 28 January 2015. Retrieved 23 February 2015.
  18. ↑ "Noribachi Works with Bucknell University on Custom Retrofit of Fieldhouse Lighting". Solid State Lighting. November 12, 2014. Retrieved May 14, 2015.
  19. ↑ "Noribachi Proudly Opens New Manufacturing and Business HQ". TED Magazine. February 24, 2015. Retrieved May 14, 2015.
  20. 1 2 3 "Noribachi". Inc. Magazine. Retrieved May 14, 2015.
  21. ↑ "Noribachi Announces a New 3-Tiered Binning Solution That Delivers More Light Engine Customization". Reuters. October 1, 2014. Retrieved May 14, 2015.
  22. ↑ "Noribachi adds new linear LED lights to its product portfolio". LEDinside. Retrieved 23 February 2015.
  23. ↑ "Noribachi's Latest High-Power LED Floodlight Changes Color". LEDs Magazine. March 2, 2016. Retrieved March 9, 2016.
  24. ↑ Hardesty, Linda (October 24, 2014). "Noribachi Completes Lighting Retrofit for TSA". Energy Manager Today. Retrieved May 14, 2015.
  25. ↑ "Sandia Casino Expects 75% Energy Drop with LED Lights, Solar Panels". Environmental Leader. January 23, 2012. Retrieved May 14, 2015.
  26. ↑ "The 2014 Inc. 5000". Inc. Magazine. 2014. Retrieved May 14, 2015.
  27. ↑ "Deloitte's 2015 Technology Fast 500" (PDF). Deloitte. 2015. p. 9. Retrieved November 29, 2015.
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