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HANSON INDUSTRIES SELLS A&S BUILDING SYSTEMS AND HALKEY-ROBERTS' LIGHTING SYSTEMS DIVISION; COMPLETES SALE OF RANGER FOOTWEAR

 HANSON INDUSTRIES SELLS A&S BUILDING SYSTEMS AND HALKEY-ROBERTS'
 LIGHTING SYSTEMS DIVISION; COMPLETES SALE OF RANGER FOOTWEAR
 NEW YORK, Oct. 6 /PRNewswire/ Lord White, chairman of Hanson Industries, the U.S. arm of Hanson PLC (NYSE: HAN), today announced that Hanson has separately sold A&S Building Systems, Inc. and the Lighting Systems Division of its Halkey-Roberts unit, and completed the previously announced sale of the Ranger Footwear division of Endicott Johnson. The combined purchase price of the three transactions was $11 million in cash and notes.
 The Lighting Systems Division of Halkey-Roberts was sold to Light Systems, Inc., located in St. Petersburg, Fla. The division designs, manufactures and markets penlight type products.
 A&S Building Systems was sold to NCI Building Systems, Inc. of Houston. Headquartered in Caryville, Tenn., A&S manufactures pre- fabricated metal buildings for commercial and industrial uses.
 In addition, Hanson Industries completed the sale of the Ranger Footwear division of Endicott Johnson Corporation to Norcross Footwear, Inc. Ranger Footwear makes firemen's boots and other protective footwear.
 For the year ended Sept. 31, 1991, the three businesses sold reported a combined operating loss of about $3 million on sales of $36 million. The combined net book values at closing were about $8 million.
 Hanson PLC is a British-American industrial management corporation. In the U.S., Hanson Industries' operations include SCM Chemicals, Peabody Coal and Powder River Coal, Cavenham Forest Industries, Beazer, Jacuzzi, Grove Crane, Ames Tools, Endicott Johnson Footwear, Hanson Lighting Group, Kaiser Cement, Farberware Cookware, and Gold Fields Mining, among others.
 In the United Kingdom, Hanson's holdings include Imperial Tobacco, ARC Aggregates, London Brick, Butterley Brick, Beazer Homes and Smith Meters.
 -0- 10/6/92
 /CONTACT: Mickey Foster of Hanson Industries, 908-603-6977/
 (HAN) CO: Hanson PLC; A&S Building Systems, Inc. ST: New York IN: SU: TNM


AH -- NY016 -- 6933 10/06/92 09:32 EDT
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Publication:PR Newswire
Date:Oct 6, 1992
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