PlayPower introduced solar-powered PlaySoleil Lighting for Playgrounds
On September 21, 2021, PlayPower Inc (PlayPower) introduced the PlaySoleil. The PlaySoleil is a solar-powered light that is durably designed to fit into the posts of new and current playground structures. The PlaySoleil illuminates playgrounds and the company hopes it will discourage unwanted after-hours activity without the need to run electricity. PlayPower stated that security and safety are huge priorities for anyone maintaining a commercial space and that PlaySoleil provides an affordable, aesthetically pleasing way to help address those concerns.
Balance SheetIn response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.
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