National Grocery Retailer Selects JSI Store Fixtures to Supply Refrigerated Display Fixtures at ~800 Store Locations
20 Januar 2022 - 11:53PM
LSI Industries (NASDAQ: LYTS or “LSI”), a leading
U.S. based manufacturer of indoor/outdoor lighting and display
solutions, announced today that one of the nation’s largest
supermarket chains has selected JSI Store Fixtures, a wholly-owned
subsidiary of LSI, to manufacture refrigerated display fixtures for
approximately 800 stores. The $17 million customer order is
expected to be fulfilled in its entirety during the second half of
fiscal 2022.
“We’re pleased JSI was chosen for these refrigerated displays,”
said James A. Clark, President and CEO of LSI Industries. “This
relationship is the result of the collaborative approach between
JSI and the client to develop custom display solutions that are
energy efficient, effective, and create a welcoming environment for
every customer.”
JSI specializes in creating energy efficient, custom display
solutions designed to harmonize with a store’s existing décor,
maximizing merchandising space, and maintaining reliable
temperatures for perishable food products. JSI’s quality
construction, customization ability, and domestic manufacturing
appealed to the grocery retailer as they sought a partner to meet
their needs and provide a fresh and welcoming experience for their
shoppers.
With four facilities across the U.S. and Canada, JSI has the
scope and experience to bring unique food experiences to life for
today’s grocery store shopper. JSI was acquired by LSI in May 2021
and continues to be the leader in high-quality refrigerated and
non-refrigerated displays for grocery and convenience store
customers, positioning them to capitalize on the ongoing investment
in merchandising solutions by national and regional grocery chains.
LSI provides a wide range of solutions in the grocery vertical,
including lighting, custom graphics, and digital display
solutions.
ABOUT LSI INDUSTRIESHeadquartered in Greater
Cincinnati, LSI is a publicly held company with shares listed on
the NASDAQ Stock Market under the symbol LYTS. The Company
manufactures non-residential lighting and display solutions.
Non-residential lighting consists of high-performance,
American-made lighting solutions. The Company’s strength in outdoor
lighting applications creates opportunities to introduce additional
solutions to its valued customers. Display solutions consist of
graphics solutions, digital signage, and technically advanced food
display equipment for strategic vertical markets. LSI’s team of
internal specialists also provide comprehensive project management
services in support of large-scale product rollouts. The Company
employs about 1,400 people at 11 manufacturing plants in the U.S.
and Canada. Additional information about LSI is available
at www.lsicorp.com.
FORWARD-LOOKING STATEMENTSThis press release
contains forward-looking statements. Forward-looking statements may
be identified by words such as “estimates,” “anticipates,”
“encourage,” “projects,” “plans,” “expects,” “can,” “intends,”
“believes,” “seeks,” “may,” “will,” “should,” or the negative
versions of those words and similar expressions and by the context
in which they are used. For details on the uncertainties that may
cause our actual results to be materially different than those
expressed in our forward-looking statements, visit
https://investors.lsicorp.com as well as our Annual Reports on Form
10-K and Quarterly Reports on Form 10-Q which contain risk
factors.
Investor ContactNoel Ryan,
IRC720.778.2415LYTS@vallumadvisors.com
Media ContactCliff SpurlockMarketing & Communications
Manager513.372.3143cliff.spurlock@lsicorp.com
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