FALCON BUILDING PRODUCTS INC
8-K, 1996-05-20
INDUSTRIAL & COMMERCIAL FANS & BLOWERS & AIR PURIFING EQUIP
Previous: FALCON BUILDING PRODUCTS INC, SC 13D, 1996-05-20
Next: WACKENHUT CORRECTIONS CORP, 4, 1996-05-20



<PAGE>
                                    FORM 8-K
                                        
                                        
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                                        
                                        
          Date of Report (Date of Earliest Event Reported) May 16, 1996
                                        
                                        
                 CURRENT REPORT PURSUANT TO SECTION 13 or 15 (d)
                     OF THE SECURITIES EXCHANGE ACT OF 1934
                                        
                                        
                         Commission file number: 1-13418
                                        
                                        
                         FALCON BUILDING PRODUCTS, INC.
             (Exact Name of Registrant as Specified in Its Charter)
                                        
                                        
                    DELAWARE                         36-3931893
         (State or Other Jurisdiction of          (I.R.S. Employer
         Incorporation or Organization)          Identification No.)
                                        
                                        
                            TWO NORTH RIVERSIDE PLAZA
                             CHICAGO, ILLINOIS 60606
                     (Address of Principal Executive Office)
                                        
                                 (312) 906-9700
                                        
              (Registrant's telephone number, including area code)
                                        
                                        
                                 NOT APPLICABLE
   (FORMER NAME, FORMER ADDRESS AND FORMER FISCAL YEAR, IF CHANGED SINCE LAST
                                     REPORT)
<PAGE>
                                        
                                        
ITEM 5.  OTHER EVENTS

On May 16, 1996, Falcon Building Products, Inc. announced that its air
distribution subsidiary acquired certain assets of Woodwinds, Inc.

The press release announcing the above is attached as an exhibit hereto.


ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS

     (c)  Exhibits

          99.1  Press release issued by Falcon Building Products, Inc. on
                May 16, 1996.

<PAGE>

                                   SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.



                                   FALCON BUILDING PRODUCTS, INC.




                                   By:  /s/ Sam A. Cottone
                                        ------------------

                                        Sam A. Cottone
                                        Senior Vice President and
                                        Chief Financial Officer



Dated:  May 17, 1996


                                                                 EXHIBIT 99.1
                                                                             
                                                                             
CONTACT:  GUS ATHAS                      FOR IMMEDIATE RELEASE
          (312) 906-6860


           FALCON BUILDING PRODUCTS, INC. ACQUIRES WOODWINDS, INC.
                                      
                                      
CHICAGO, MAY 16, 1996 -- Falcon Building Products, Inc. (NYSE: FB) today

announced that its air distribution subsidiary acquired certain assets of

Woodwinds, Inc.  Terms of the transaction were not disclosed.


     Woodwinds, Inc., located in Crystal Lake, Illinois, is a manufacturer of

decorative registers and grilles serving residential consumers through

national and local retail outlets, including both  home improvement centers

and retail chains.  With annual sales of approximately $3 million, Woodwinds

offers an extensive product line of wood, brass and steel products in a wide

variety of colors and designs, allowing consumers the option of upgrading

from traditional functional products to more stylish, decor matching

accessories.


     Commenting on the acquisition, William K. Hall, President and Chief

Executive Officer, said, "This acquisition broadens our existing product line

of decorative registers and grilles.  It's an excellent example of Falcon's

strategic objective to make complementary, niche acquisitions within our

existing areas of expertise and will enable us to accelerate the planned

expansion of our air distribution products into the retail distribution

channel."

     Headquartered in Chicago, Falcon Building Products is a leading North

American manufacturer and supplier of highly engineered building products

serving the residential, light commercial and consumer markets.




© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission