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Gold/Mining/Energy : UDI-United Dominion Industries

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To: Steve Sucheck who wrote ()	11/29/1997 2:22:00 AM
From: John Sladek	of 42

October 27, 1997: To Sell Windsor Door Company Nancy Spurlock of United Dominion Industries Ltd. announces a definitive agreement to sell Windsor Door Company to American Buildings Company for approximately $60 million. Windsor, headquartered in Little Rock, Ark., manufactures steel residential garage doors and commercial rolling and sectional doors. The company has two plants in Little Rock; one in Marysville, Calif.; and 29 company-owned distribution centers. The sale of Windsor completes United Dominion's strategy to divest most of its building products businesses and to concentrate solely on industrial manufacturers of engineered products. Earlier this year, it divested Varco-Pruden Buildings and Centria and announced its intention to sell Windsor Door, which has since been treated as a discontinued operation for accounting purposes. United Dominion is a $1.8 billion diversified industrial manufacturing company with 11,000 employees at 68 locations in 16 countries. TEL: (704) 347-6838 United Dominion Industries Ltd. Nancy Spurlock, Media (704) 347-6529 Michael Morgan, Analysts

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