Dec 16, 2020
Cincinnati, OH, December 16, 2020 – LSI Industries (NASDAQ: LYTS), a leading U.S. based manufacturer of outdoor and indoor lighting and graphics solutions, said today that it has become the official lighting partner of USA Pickleball, the national governing body for the sport of pickleball in America. As a leading manufacturer of high-performance lighting solutions for sports and recreation facilities, LSI is well-positioned to serve the rapidly growing pickleball market.
“Our partnership with USA Pickleball further exemplifies our previously communicated growth strategy, which includes vertical market expansion, an additional focus on end-customers, expanding our existing services business and assessing inorganic growth opportunities,” said Jim Clark, President and CEO of LSI Industries.
Several factors, including population trends and an increasing focus on personal health and wellness, are contributing to the sport’s widespread growth and popularity – creating long-term demand for new pickleball facilities. Collaborating with USA Pickleball will expand LSI’s marketing reach and help the company promote its solution capabilities, including LED lighting fixtures with customized optics, poles, sensors and wireless control systems. In addition, the company has an internal team of specialists with expertise in facilitating multi-site lighting projects from start to finish. When customers require one source to manage all of their pickleball lighting needs, LSI is the company that can assemble, and manage, every resource necessary to complete the project.
According to the Sports & Fitness Industry Association, there are more than 3.3. million pickleball players in the United States, making it one of the fastest-growing sports in America. In addition to new construction opportunities, it is estimated that there are approximately 33,000 pickleball courts in the United States – many of which require lighting upgrades. Whether it’s an outdoor club, park, residential court, tournament venue or indoor sporting complex, LSI’s pickleball lighting solutions are engineered to satisfy players, spectators, communities and environmental requirements.
About LSI Industries
Headquartered in Blue Ash, Ohio (Greater Cincinnati), LSI Industries is a leading producer of high-performance, American-made lighting solutions. The Company’s strength in outdoor lighting applications creates opportunities for it to introduce additional solutions to its valued customers. LSI’s indoor and outdoor products and services, including its digital and print graphics capabilities, are valued by architects, engineers, distributors and contractors for their quality, reliability and innovation. The Company’s products are used extensively in automotive dealerships, petroleum stations, quick service restaurants, grocery stores and pharmacies, retail establishments, sports complexes, parking lots and garages, and commercial and industrial buildings. LSI has approximately 1,100 employees at seven manufacturing plants in the United States, including its corporate headquarters. Additional information about LSI is available at www.lsicorp.com.
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.