LSI INDUSTRIES INC
8-K, 2000-12-01
ELECTRIC LIGHTING & WIRING EQUIPMENT
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                       SECURITIES AND EXCHANGE COMMISSION


                             Washington, D.C. 20549


                                    FORM 8-K


                                 CURRENT REPORT



     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934



Date of Report (Date of earliest event reported)     November 21, 2000


                               LSI INDUSTRIES INC.
--------------------------------------------------------------------------------
             (Exact name of registrant as specified in its charter)

         Ohio                             0-13375               31-0888951
----------------------------           ------------          -------------------
(State or other jurisdiction            (Commission           (IRS Employer
      of incorporation)                 File Number)         Identification No.)

10000 Alliance Road
Cincinnati, Ohio                                                  45202
--------------------------------------------------------------------------------
(Address of principal executive offices)                         Zip Code


Registrant's telephone number, including area code  (513) 793-3200


--------------------------------------------------------------------------------
         (Former name or former address, if changed since last report.)

<PAGE>


Item 2.  Acquisition or Disposition of Assets.

     LSI Industries Inc. has acquired the business of and  substantially  all of
the net assets of Lightron of Cornwall,  Inc., a privately owned company located
in New Windsor,  New York. The acquisition was effective  November 21, 2000, and
the cash  purchase  price was $26.9  million,  a portion  of which is subject to
achievement of certain financial objectives over the first ten months subsequent
to acquisition.

     Lightron  is engaged  in the  business  of  designing,  manufacturing,  and
selling  a line  of  high-end  fluorescent,  metal  halide,  halogen,  recessed,
surface, and high bay lighting fixtures,  and LED exit signs for the commercial,
industrial and retail markets.

Item 7.  Financial Statements and Exhibits.

     (a) Financial  Statements.  The financial  statements required by this Item
7(a) will be filed by  amendment  to this Form 8-K no later  than 60 days  after
December 6, 2000.

     (b) Pro Forma Financial  Information.  The pro forma  financial  statements
required by this Item 7(b) will be filed by  amendment to this Form 8-K no later
than 60 days after December 6, 2000.

     (c) Exhibits.

         10   Asset Purchase  Agreement dated as of November 21, 2000 among LSI
              Industries  Inc.,  Lightron of Cornwall,  Inc.,  Eugene  Littman,
              Elfriede  Littman,  Eugene Littman 1994  Irrevocable  Trust f/b/o
              Bonnie Gatof,  Eugene Littman 1994 Irrevocable  Trust f/b/o David
              Littman and Eugene  Littman 1994  Irrevocable  Trust f/b/o Sandra
              Finkelstein



                                   SIGNATURES


     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.


                                          LSI INDUSTRIES INC.



Date: November 30, 2000                   By:   /s/Robert J. Ready
                                             ---------------------------------
                                             Robert J. Ready
                                             President, Chief Executive Officer
                                             and Chairman of the Board


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