<SUBMISSION>
<ACCESSION-NUMBER>0001144204-10-038505
<TYPE>4
<PUBLIC-DOCUMENT-COUNT>1
<PERIOD>20100716
<FILING-DATE>20100720
<DATE-OF-FILING-DATE-CHANGE>20100720
<REPORTING-OWNER>
<OWNER-DATA>
<CONFORMED-NAME>Wang Chaojun
<CIK>0001488135
</OWNER-DATA>
<FILING-VALUES>
<FORM-TYPE>4
<ACT>34
<FILE-NUMBER>001-06485
<FILM-NUMBER>10959980
</FILING-VALUES>
<MAIL-ADDRESS>
<STREET1>#1 JINGGUANG RD.
<STREET2>XINGTAI
<CITY>HEBEI
<STATE>F4
<ZIP>054200
</MAIL-ADDRESS>
</REPORTING-OWNER>
<ISSUER>
<COMPANY-DATA>
<CONFORMED-NAME>ACTION INDUSTRIES INC
<CIK>0000002145
<ASSIGNED-SIC>5190
<IRS-NUMBER>250918682
<STATE-OF-INCORPORATION>PA
<FISCAL-YEAR-END>0630
</COMPANY-DATA>
<BUSINESS-ADDRESS>
<STREET1>330 WEST 42ND STREET
<STREET2>ALLEGHANY INDUSTRIAL PARK
<CITY>NEW YORK
<STATE>NY
<ZIP>10036-6902
<PHONE>2125942580
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>330 WEST 42ND STREET
<CITY>NEW YORK
<STATE>NY
<ZIP>10036-6902
</MAIL-ADDRESS>
</ISSUER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>v190955_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0303</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2010-07-16</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000002145</issuerCik>
        <issuerName>ACTION INDUSTRIES INC</issuerName>
        <issuerTradingSymbol>ACTN</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001488135</rptOwnerCik>
            <rptOwnerName>Wang Chaojun</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>#1 JINGGUANG RD.</rptOwnerStreet1>
            <rptOwnerStreet2>XINGTAI</rptOwnerStreet2>
            <rptOwnerCity>HEBEI</rptOwnerCity>
            <rptOwnerState>F4</rptOwnerState>
            <rptOwnerZipCode>054200</rptOwnerZipCode>
            <rptOwnerStateDescription>CHINA</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Chief Executive Officer</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2010-07-16</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>C</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>5100330</value>
                </transactionShares>
                <transactionPricePerShare>
                    <footnoteId id="F1"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>5100330</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See Footnote</value>
                    <footnoteId id="F2"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Series A Convertible Preferred Stock</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F1"/>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2010-07-16</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>C</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>5178</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F1"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>5100330</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>0</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See Footnote</value>
                    <footnoteId id="F2"/>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">On July 16, 2010, each outstanding share of Series A Convertible Preferred Stock automatically converted into 985 shares of
 common stock. The 5,178 shares of Series A Convertible Preferred stock converted into 5,100,330 shares of Common Stock.</footnote>
        <footnote id="F2">All shares are held by Merry Success Limited, a British Virgin Islands limited Company. Mr. Wang serves as  Chief Executive
 Officer and as a director of Merry Success Limited and holds the right to exercise options to purchase up to 100% of the
 shares of Merry Success Limited.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Chaojun Wang</signatureName>
        <signatureDate>2010-07-20</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SUBMISSION>
