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Luxor’s Mill Frame LLC Awarded US $ 3 Million Turnkey Framing Contract for a Project in Shoreline, Washington by The Rush Companies

VANCOUVER, British Columbia, Sept. 22, 2016 (GLOBE NEWSWIRE) -- Luxor Industrial Corporation (TSX.V:LRL) (OTC:LXRRF) is pleased to announce that its subsidiary, USA Mill Frame LLC, was awarded a US $ 3,000,000 turnkey framing contract for the Shoreline project in Shoreline, Washington by The Rush Companies. This is the Company’s second contract with Rush. Luxor’s 2016 and 2017 USA framing contracts now total approximately US $ 29 million or approximately Can $ 37 million with total USA and Canadian contracts totaling approximately 39 $ million.

Luxor’s subsidiary Mill Frame Inc. will be supplying all framing materials for the project, scheduled to commence in April 2017, including pre-fabricated walls and engineered floor systems produced from its manufacturing facilities in Chilliwack, British Columbia in addition to on site labor.

Larry Hutchinson, Senior Project Manager, of The Rush Companies stated, “We chose Mill Frame for our own project because they have in-house design and manufacturing and we can get our projects built quicker with their wall panels and precision cut engineered wood floor and roof systems."

About The Rush Companies

The Rush Companies offer an array of services to meet building needs at any level, from the beginning phases of development to the completion of a project and beyond. Since 1987, Rush have built structures and relationships that last, thanks to a commitment to exceed expectations at every turn. Visit the Commercial, Residential or Property Management sections to find out more about Rush at www.therushcompanies.com.

About Luxor Industrial Corporation

Luxor has vertically integrated through the recent acquisitions of turnkey framing companies in Canada and the United States. The Company now distributes Pre- Fabricated Wall Panels and a complete line of Multi-Family Engineered Lumber. http://www.millframe.com

Luxor is involved in the development, engineering, manufacturing and marketing of engineered wood products. In the industrial sector, it manufacturers wood mat products.  In the residential sector it manufactures its patented IBS 2000® engineered floor bridging, fire protected architectural wood products, and FastFrame™ wall components.  For further information, visit Luxor’s website at www.luxorcorp.com.

This news release contains forward looking statements. Although Luxor believes that the expectations reflected in these forward looking statements are reasonable, undue reliance should not be placed on them because Luxor can give no assurance that they will prove to be correct. Since forward looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Additional information may be accessed through the Sedar website: www.sedar.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Luxor Industrial Corporation

Terry Lashman
(800) 665-2454
(604) 684-7929

John Taylor
(877) 496-4355
(604) 864-9601

www.luxorcorp.com