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NEWELL COMPLETES PURCHASE OF LEE/ROWAN COMPANY

 FREEPORT, Ill., Sept., 22 /PRNewswire/ -- Newell Co. (NYSE: NWL) announced today the completion of its purchase of the Lee/Rowan Company.
 Lee/Rowan, based in St. Louis, is a leading manufacturer and marketer of coated wire storage and organization products. Lee/Rowan had sales of approximately $100 million in 1992.
 Newell manufactures and markets staple consumer products which are sold through a variety of retail and wholesale distribution channels. Product categories include hardware, housewares, and office products.
 -0- 9/22/93
 /CONTACT: William T. Alldredge, VP-Finance, 815-235-4171/
 (NWL)


CO: Newell Co. ST: Illinois IN: HOU SU: TNM

JB-EH -- SD002 -- 4739 09/22/93 13:30 EDT
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Publication:PR Newswire
Date:Sep 22, 1993
Words:106
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