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Luxor’s Mill Frame LLC Awarded Turnkey Framing Contract for Heron’s Key Senior Living Project in Gig Harbor, Washington by The Weitz Company

VANCOUVER, British Columbia, Feb. 18, 2016 (GLOBE NEWSWIRE) -- Luxor Industrial Corporation, (TSX-V:LRL) (OTC:LXRRF) is pleased to announce its subsidiary, USA Mill Frame LLC, was awarded the US $ 6,000,000 turnkey framing contract for the Heron’s Key project in Gig Harbor, Washington by The Weitz Company. This week, the Company commenced installation at Heron’s Key, the largest project ever in Gig Harbor. For more information about the project click on this link: Heron's Key Senior Living Community

Luxor’s 2016 US framing contracts now total in excess of US $ 11 million or Can $ 15 million.

Luxor’s subsidiary Mill Frame Inc. will be supplying all framing materials including pre-fabricated walls and engineered floor systems produced at its manufacturing facilities in Abbotsford, British Columbia, in addition to on-site labor. Luxor is partnering with a Trading House to assist with the financing of the framing materials.

Steve Conboy, President of Mill Frame LLC, comments, "We are excited to work with The Weitz Company on this amazing project and I feel privileged to work with our very talented management, design team, prefabrication workers, on-site crew and supervisors and am confident that we will complete this project on budget and on time."

About The Weitz Company

The Weitz Company is a full-service general contractor, design-builder and construction manager with office locations throughout the United States. Weitz is one of the oldest commercial general contractors in the United States. The Weitz Company of today descends from a small carpentry shop founded in 1855 in Fort Des Moines, Iowa by Charles H. Weitz, an entrepreneurial German immigrant. As the construction company grew, Weitz handed down his craft and sense of values and quality to his sons, who in turn passed the family business on to their children for four generations. For more information on The Weitz Company, click on this link: The Weitz Company

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/#!products/sqp1c

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.

Contact: Luxor Industrial Corporation Terry Lashman (800) 665-2454 (604) 684-7929 John Taylor (877) 496-4355 (604) 864-9601 www.luxorcorp.com

Source:Luxor Industrial Corporation