Item 2.01 Completion of Acquisition or Disposition of Assets.

On May 21, 2009, Flanders Corporation, a North Carolina corporation ("Flanders"), agreed to acquire certain assets from Wildwood Industries, Inc. for $3.6 million in cash, pending bankruptcy court approval. Flanders will retain the furnace filter equipment and inventory and will sell the unrelated assets to R.P.S. Products, Inc. for $2.2 million in cash. These agreements are filed as Exhibit 10.1and 10.2 attached hereto and incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

Exhibit Number Description 10.1 Flanders Corporation Offering Bid for Certain Assets of Wildwood Industries 10.2 Binding Purchase Agreement between R.P.S. Products, Inc. and Flanders Corporation 99.1 Press Release issued May 27, 2009

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