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UNR FORMS SPECIAL COMMITTEE

 CHICAGO, June 22 /PRNewswire/ -- UNR Industries, Inc. (NASDAQ-NMS: UNRI; Midwest) announced today that its board of directors established a Special Committee of independent directors of the company to implement appropriate action in response to its principal shareholder's (the UNR Asbestos-Disease Claims Trust) request that the company consider retaining a financial adviser to solicit third-party proposals for an acquisition of UNR through a merger or other business combination in which UNR shareholders would receive cash for their shares. The Special Committee will begin immediately the process of interviewing and selecting a financial adviser.
 The Special Committee consists of Darius W. Gaskins Jr., committee chairman, Charles M. Brennan III, and Ruth R. McMullin.
 UNR Industries, Inc. is a diversified company producing welded steel tubing, shopping carts, stainless steel sinks, towers and shelters for communication and other uses and material handling products and systems.
 -0- 6/22/93
 /CONTACT: Thomas A. Gildehaus, president and chief executive officer, UNR Industries, 312-341-1234/
 (UNRI)


CO: UNR Industries, Inc. ST: Illinois IN: SU:

SB -- DE016 -- 4686 06/22/93 16:11 EDT
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Publication:PR Newswire
Date:Jun 22, 1993
Words:175
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