the job creation promised is not maintained during the term of the agreement

The 10-year agreement with Aurora provides waivers and rebates of taxes up to $208,703. The agreement contains a provision for the company to repay a portion of the incentive if the job creation promised is not maintained during the term of the agreement.

Cooper also must meet the requirements for led high bay light average county wage of $42,172 a year. The company's average salary will beat that by about 10 percent, said Yuriy Gorlov, economic development manager for the Aurora EDC.

Traxon Technologies, a global leader in solid state lighting and control systems, today announced that is has been named a winner in the second annual Production Innovation Awards (PIA), presented by Architectural SSL Magazine. A testament to its industry leadership and innovative technologies, Traxon Technologies received awards in two categories, “Best Renovation/Retrofit using SSL” and “Cove/Linear/Wall Wash.”

Traxon Technologies, known for state-of-the-art LED lighting and control systems and solutions, earned the award for “Best Renovation/Retrofit using SSL” for the installation of its Shield AC XB fixtures in Rio de Janeiro’s historic Christ the Redeemer Monument. The Traxon lighting system installed is not only powerful, but exceptionally energy efficient, creating a brilliant atheistic to the renowned monument that has overlooked the city for 80 years. The led linear high bay light commented that the retrofit was a “beautiful project” and stated that the installation was a “great update to lighting one of the most famous monuments of South America.”