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TREDEGAR COMPLETES SALE OF BEVERAGE CLOSURE BUSINESS

      TREDEGAR COMPLETES SALE OF BEVERAGE CLOSURE BUSINESS
    RICHMOND, Va., Nov. 1 /PRNewswire/ -- Tredegar Molded Products, a subsidiary of Tredegar Industries Inc. (NYSE: TG), announced today that it has completed the sale of its beverage closure business to Crown Cork & Seal Company Inc. (NYSE: CCK), of Philadelphia, Pa.
    The assets sold include a plant in Sandston, Va., some research and development assets in St. Petersburg, Fla., and an international licensing program.  Terms of the agreement were not disclosed.
    Tredegar Industries is a diversified manufacturer of plastic and metal products and has interests in coal, oil and gas.
    -0-                 11/1/91
    /CONTACT: Edward A. Cunningham, 804-330-1598, or Thomas E.B. Phillips, 804-330-1043, both of Tredegar Industries Inc./
    (TG CCK) CO:  Tredegar Industries Inc.; Tredegar Molded Products; Crown Cork
     & Seal company Inc. ST:  Virginia IN:  CHM OIL SU:  TNM JM -- CH016 -- 0277 11/01/91 14:01 EST
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Publication:PR Newswire
Date:Nov 1, 1991
Words:146
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