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AVONDALE SUBSIDIARY AWARDED $9.3 MILLION CONSTRUCTION CONTRACT

 AVONDALE SUBSIDIARY AWARDED $9.3 MILLION CONSTRUCTION CONTRACT
 NEW ORLEANS, Nov. 12 /PRNewswire/ -- Avondale Industries, Inc. (NASDAQ-NMS: AVDL), today announced that its subsidiary, Genco Industries, Inc. has been awarded a $9.3 million construction contract for site preparation for a new paper machine at Temple-Inland Forest Products Corporations' (NYSE: TIN) Evadale, Texas, paper mill.
 This project will begin immediately and involves relocation of existing structures, substantial civil and underground work as well as new construction of several facilities on the site. The project is scheduled for completion in approximately six months.
 Avondale Industries, Inc., headquartered in metro New Orleans, is one of the nation's leading marine fabricators. In addition to its shipbuilding operations, the company specializes in boat construction and is a major repair contractor for commercial and Navy ships. Genco, with two locations in Texas, specializes in heavy industrial steel fabrication, industrial plant maintenance and industrial construction. Genco's national market includes clients in the petrochemical, pulp and paper and environmental service industries.
 -0- 11/12/92
 /CONTACT: Thomas M. Kitchen of Avondale Industries, 504-436-5237/
 (AVDL TIN) CO: Avondale Industries, Inc.; Genco Industries, Inc.; Temple-Inland
 Forest Products Corporation ST: Louisiana, Texas IN: MAR PAP SU: CON


BR-EA -- AT017 -- 0326 11/12/92 15:45 EST
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Publication:PR Newswire
Date:Nov 12, 1992
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