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PREMDOR PURCHASES U.S. DOOR MANUFACTURING ASSETS

 TORONTO, July 28 /PRNewswire/ -- Premdor Inc. (NYSE: PI) announced today that it has completed the purchase of the manufacturing assets of Woodland Industries, Inc. for a total purchase price of approximately Cdn. $1 million. The manufacturing previously conducted at Woodland Industries, Inc. facility in Richmond, Virginia will be merged into Premdor's existing facilities in Stanley, Virginia. Woodland Industries, Inc. has annual sales of approximately Cdn. $10 million. This acquisition is in line with Premdor's strategy to expand its operations. Premdor Inc. is among the world's largest manufacturers and distributors of wood doors, steel doors and moldings for residential construction, home repair and renovation and commercial use.
 -0- 7/28/93
 /CONTACT: Harley Ulster, vice president of Premdor Inc., 416-250-8933/
 (PI)


CO: Premdor Inc., Woodland Industries, Inc. ST: Ontario IN: CST SU: TNM

LD -- NY126 -- 7023 07/28/93 18:57 EDT
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Publication:PR Newswire
Date:Jul 28, 1993
Words:141
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