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UNR INDUSTRIES, INC. ANNOUNCES SALE OF TWO DIVISIONS

 CHICAGO, May 4 /PRNewswire/ -- UNR Industries, Inc. (NASDAQ-NMS: UNRI; MSE) announced today the sale of two of its divisions, Midwest Steel and Midwest CATV. The company's intent to divest these divisions was previously announced on March 4, 1993. The Midwest CATV division was sold to a subsidiary of Itel Corporation on May 3, 1993. The Midwest Steel division was sold to the L. B. Foster Company on May 4, 1993. Terms of the transactions were not disclosed.
 Thomas A. Gildehaus, UNR President and CEO, commented, "With the divestiture of these two distribution companies and the acquisition of Real Time Solutions, Inc. (announced on April 27, 1993) now completed, the company will focus its efforts and resources on the ongoing growth and development of its core, value added, manufacturing operations."
 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- 5/4/93
 /CONTACT: Thomas A. Gildehaus, President & CEO, UNR Industries, 312-341-1234/
 (UNRI ITL)


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

SB -- DE036 -- 4549 05/04/93 17:02 EDT
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Publication:PR Newswire
Date:May 4, 1993
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