LSI Industries (LYTS) 10-K2011 FY Annual report

Filed: 26 Aug 11, 12:00am

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New words: absence, acceleration, burden, consulting, domestic, earth, Europe, fast, food, goal, grew, Indenture, investor, JC, main, Penney, plaintiff, prudent, qualitative, quantitative, rare, reclassification, reclassified, retrospectively, short, shortage, show, slightly, staffing, Subordinated, transportation, unspecified

Removed: billboard, closing, consisted, deductible, direct, Director, earned, Escrow, FASB, February, Frameworkissued, inInternal, labor, leader, measurement, passage, pioneer, previously, prospectively, reducing, renamed, retained, revised, Secretary, smaller, transferred, utilized, Vice

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EXHIBIT 21

SUBSIDIARIES OF THE REGISTRANT

Subsidiary	Business and Location	Percent Owned by Registrant			State of Incorporation

Grady McCauley Inc.	Digital image and screen printed graphics		100	%	Ohio
	North Canton, OH

LSI Adapt Inc.	Project management and installation services		100	%	Ohio
	North Canton, OH

LSI ADL Technology Inc.	Electronic Circuit Boards		100	%	Ohio
	Columbus, OH

LSI Greenlee Lighting Inc.	[Inactive]		100	%	Delaware

LSI Kentucky LLC	Menu board systems; metal fabrication		100	%	Ohio
	Independence, KY

LSI Lightron Inc.	Fluorescent lighting		100	%	Ohio
	New Windsor, NY

LSI Marcole Inc.	[Inactive]		100	%	Tennessee

LSI MidWest Lighting Inc.	Fluorescent lighting		100	%	Kansas
	Kansas City, KS

LSI Retail Graphics LLC	Interior graphics and signs		100	%	Ohio
	Woonsocket, RI

LSI Integrated Graphics LLC	Screen and digital printed materials,		100	%	Ohio
	and illuminated and non-illuminated
	architectural graphics
	Houston, TX

LSI Saco Technologies Inc.	LED lighting and LED video screen		100	%	Quebec, Canada
	manufacturing, research and
	Development
	Montreal, Quebec

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