LSI Industries Marks Collaborative Achievement in Mexico
22 Octobre 2019 - 11:08PM
LSI Industries (NASDAQ: LYTS) said today that it surpassed 500
turnkey installations of petroleum retail lighting and graphics
solutions for several large, multi-national customers in
Mexico.
“The installations in Mexico reflect LSI’s focused
business strategy, the dedication of our employees and our
commitment to serving our valued customers,” said Jim Clark,
President and CEO of LSI Industries. “We congratulate all of our
employees on this achievement, and thank our great customers for
their confidence in LSI.”
Recent energy reforms and deregulation in Mexico created growth
opportunities for large petroleum retailers in the country. With
many years working as a trusted partner, some of LSI’s largest
customers selected the company as a preferred supplier to support
their geographic expansion efforts, which resulted in more than 500
successful installations since 2018.
“Being chosen by several of the world’s largest companies to
re-image their facilities in Mexico demonstrates confidence and
preference for LSI’s unmatched capabilities,” said Robin Hood,
Executive Vice President of LSI. “We value our close relationships
with these customers and thank them for making LSI their supplier
of choice for this important growth initiative.” Mr. Hood added,
"Our goal has been to make it as simple for our customers to have
their facilities re-imaged in Mexico City as it is in Kansas City.
With our Houston plant's proximity to the market, our extensive
installation resources in country and the establishment of LSI's
Mexican company, LSI Graficas e Illuminacion, we have done just
that."
In addition to offering application-specific lighting and
graphics solutions, LSI provides value-added solutions such as site
surveys, permitting support, installation management and
implementation services. The company is unique in the marketplace
in that no other competitor can match LSI’s extensive range of
capabilities. According to Roberto Díaz de León, President of
Onexpo, the largest fuel retailer association in Mexico, “LSI
brings unparalleled experience and extensive resources to the
gasoline station image conversions underway in Mexico.”
Among LSI’s numerous achievements throughout its history, the
company pioneered petroleum retail lighting in the 1970’s and
1980’s.
Its trailblazing efforts also led to the
development of various types of LED lighting solutions and controls
used in Automotive Dealerships, Quick Service Restaurants (QSR),
Grocery, Pharmacy and several other vertical markets. Today, LSI
continues to develop products and technology to help customers use
less energy, lower costs and enhance their image.
About LSI Industries, Inc.
Headquartered in Blue Ash, Ohio (Greater Cincinnati), LSI
Industries is a leading producer of lighting, graphics and
technology solutions, primarily for outdoor applications. Its
indoor and outdoor products and services are valued by architects,
engineers, distributors and contractors for their quality,
reliability and innovation. The company has approximately 1,200
employees at seven manufacturing plants in the United States,
including its corporate headquarters and international
subsidiaries. Additional information about LSI is available at
www.lsi-industries.com.
Note to Editor:LSI re-imaged this customer’s
facility in Mexico with lighting and graphics solutions.
Contacts: Media: Mike Wallner, Sr.
Manager of Communications, (513) 372-3417,
mike.wallner@lsi-industries.comInvestors: Noel Ryan, IRC, (720)
778-2415, LYTS@vallumadvisors.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/70c3a62b-5eb7-4c67-b8d8-fc63b1a7b95b
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