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RUBBERMAID SIGNS LETTER OF INTENT TO ACQUIRE TOTER INCORPORATED

 WOOSTER, Ohio, Sept. 13 /PRNewswire/ -- Rubbermaid Incorporated (NYSE: RBD) today announced that it had signed a letter of intent to acquire Toter Incorporated. Terms of the transaction were not disclosed.
 Toter Incorporated is a privately held company, headquartered in Statesville, N.C., with sales of approximately $35 million. It is the nation's leading producer of wheeled carts for automated municipal waste collection and recently began expanding into foreign markets.
 The transaction is subject to further due diligence and appropriate regulatory and board approvals.
 -0- 9/13/93
 /CONTACT: Richard D. Gates, senior vice president, business development and investor relations, Rubbermaid Incorporated, 216-264-6464, ext. 2477/
 (RBD)


CO: Rubbermaid Incorporated; Toter Incorporated ST: North Carolina, Ohio IN: HOU SU: TNM

AR -- CL009 -- 1235 09/13/93 11:09 EDT
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Publication:PR Newswire
Date:Sep 13, 1993
Words:127
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