AFG <AFG> EXPANDS INTO AUTO GLASS REPLACEMENT
AFG Industries Inc said it is
entering the automobile replacement glass market with the
acquisition of A-1 Quality Glass, of Salt Lake City, and Tempo
Auto Glass, of Tacoma, Wash.
    Terms of the acquisitions were not disclosed.
    AFG also said that if the offer it has made as part of a
partnership with Wagner and Brown to acquire GenCorp Inc <GY>
is successful, it will consider establishing autoglass stores
in GenCorp's retail tire outlets.
    AFG said that in addition to the two acquisitions, it has
been operating eight stores through its American Slat Glass
distribution group.
    It said a a newly formed subsidiary, AFG Auto Glass Inc,
will be looking for additional acquisitions as well as opening
new outlets.
    A-1 Quality Glass operates a central wholesale autoglass
distribution center and 23 stores in Utah, Arizona, and other
western states. Tempo operates four stores in the Pacific
northwest region.
 Reuter
