LSI Industries Inc. Advances Renovation Market Focus with Woolard Hire and Broadened Capabilities
03 Octobre 2018 - 12:45PM
LSI Industries Inc. (NASDAQ: LYTS) today announced that
Martin Woolard has joined LSI to lead Renovation Lighting Sales as
part of the company’s strategy to further deliver specialized and
comprehensive services to the sizable renovation market and to
continue the momentum of LSI’s Power Play program.
Woolard brings more than 20 years of lighting industry and
renovation market experience to the LSI team, having worked with
major contractors, electrical distributors, commercial property
owners, and national accounts to convert aged lighting
installations in existing facilities. “This market requires the
lighting manufacturer to provide unique products in terms of
lighting performance, while also focusing on all facets of the
installation process to eliminate unneeded installation
labor. It’s also important to offer specific services to the
ESCO and lighting renovation contractor that are not typically
provided in the C & I new construction market. LSI is
well-positioned to navigate these nuances, and I’m enthusiastic
about working with the team to further advance opportunities
through LSI’s dedicated Power Play Program,” said Woolard.
Under Power Play, a turnkey solution aimed at delivering the
most efficient technology and code compliant results for reducing
operating costs, improving on life cycle cost of operation and
functionality, increasing system sustainability and saving energy,
LSI seeks out partners who can collectively deliver an array of
specialized services that are critical to a successful renovation
experience. These services can include installation and recycling
and disposal services for retired fixtures to minimize carbon
footprint and support environmental objectives.
Jeff Croskey, Chief Commercial Officer for LSI Industries,
commented, “LSI brings together a series of lighting products,
wireless controls, environmental graphics, and digital signage to
our Power Play Partners to achieve the customer’s desire to
transform their spaces. The renovation opportunity for the
installed base of inefficient lighting technology will be in the
billions over the next several years and is an integral part of
LSI’s business strategy. We are continuing to develop products,
tools and relationships to support customers’ needs and provide a
turnkey renovation solution, which can often include customization
factors. There are many aspects to consider during an LED
renovation program and our team, under Martin’s leadership, is
positioned to deliver on those requirements and
opportunities.”
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Litigation Reform Act of 1995
This document contains certain forward-looking statements that
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expectations of the Company and speak only as of the date
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result of a variety of risks and uncertainties over which the
Company may have no control. These risks and
uncertainties include, but are not limited to, the impact of
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reflect subsequent events or circumstances.
About the Company
LSI Industries Inc. is a U.S.-based designer, manufacturer and
marketer of lighting, graphics and technology solutions for both
indoor and outdoor applications. The Company is a leader in
the primary markets it serves including petroleum, automotive,
quick serve restaurants, grocery, banking, retail, renovation,
parking and warehousing. Products are marketed throughout
North America by a network of independent sales representatives and
distributors, as well as through national accounts. LSI
partners with its customers to provide a full range of design
support, engineering, installation and project management
services. Headquartered in Blue Ash, Ohio, LSI currently
employs over 1,200 employees and operates eight facilities
throughout the U.S. The Company’s common shares are traded on
the NASDAQ Global Select Market under the symbol LYTS.
Additional information can be found on the Investor Relations page
at www.lsi-industries.com.
CONTACT: |
MELANIE TAMULEWICZ |
|
(330)
494-9444 |
LSI Industries (NASDAQ:LYTS)
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