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CARLISLE PLASTICS EXPANDS HANGER BUSINESS

 BOSTON, Aug. 31 /PRNewswire/ -- Carlisle Plastics, Inc. (NYSE: CPA) announced the expansion of its hanger business, A&E Products, through the acquisition of the product line of Anaheim Plastics, Inc., a major manufacturer of plastic hangers for the California market.
 The company acquired the entire product line of Anaheim Plastics, which will cease operations as a result of the sale. The acquisition was funded from cash-on-hand.
 Carlisle Plastics also announced the establishment of a hanger distribution center in San Francisco and a manufacturing and distribution facility in Korea. The company plans to expand to Indonesia in 1994.
 Clifford A. Deupree, president of Carlisle Plastics' Molded Products Group, commented, "We believe we have substantially strengthened our position as the leading supplier of plastic hangers in North America. Sales related to the acquisition combined with a major supply contract recently awarded by a new customer, are expected to exceed $15 million in 1994."
 Carlisle Plastics, Inc. manufactures, sells and develops consumer and consumer-related commercial plastic products, including its Ruffies(R) brand and private-label trash bags, garment hangers and containers for milk and water.
 -0- 8/31/93
 /CONTACT: Rhonda Iannacone of Carlisle Plastics, 617-557-2670/
 (CPA)


CO: Carlisle Plastics, Inc.; Anaheim Plastics, Inc. ST: Massachusetts, California IN: HOU SU: TNM

DJ-CM -- NE001 -- 7374 08/31/93 09:07 EDT
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Publication:PR Newswire
Date:Aug 31, 1993
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