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REDLAW INDUSTRIES ANNOUNCES SUBSIDIARY ENTERS INTO DEFINITIVE AGREEMENT

 BRANTFORD, Ontario, July 14 /PRNewswire/ -- Redlaw Industries, Inc. (AMEX: RDL) announced today that GRM Industries Inc., its wholly owned subsidiary, has entered into a definitive agreement to sell the assets of its Dover, Tenn., Greenfield, Tenn. and Southfield, Mich. operations to EWI, Inc. Closing of this transaction is expected to occur before the end of the month.
 Redlaw Industries is a publicly held manufacturer of metal stampings and assemblies for the automotive industry and thermoplastic injection molded parts.
 -0- 7/14/93
 /CONTACT: Rainer H. Bosselmann, vice chairman of Redlaw Industries, Inc., 301-656-0626/
 (RDL)


CO: Redlaw Industries, Inc.; GRM Industries, Inc.; EWI, Inc. ST: Tennessee, Michigan IN: MAC SU:

AW-MM -- FL005 -- 0239 07/14/93 13:29 EDT
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Publication:PR Newswire
Date:Jul 14, 1993
Words:118
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