Katy Industries, Inc. (fka KATYQ)

[Enterprising Investor]

Katy Industries Announces Acquisition of Certain Assets of Centrex Plastics (4/09/15)

St. Louis, MO, April 9, 2015 – Katy Industries, Inc. (“Katy”) announced today that it has completed the acquisition of the plastic shelving and cabinet business unit of Centrex Plastics, LLC (“Centrex”), including a lease of its Tiffin, Ohio manufacturing facility, effective April 7, 2015. Centrex is a leading manufacturer of specialized injection-molded plastic products for consumer and commercial applications. Centrex will continue to operate its remaining facility, located in Findlay, Ohio.

In connection with the acquisition, Katy and Centrex plan to collaborate in a number of strategic functions to take advantage of the rapidly growing market for home storage products. The collaboration includes sharing of best practices in advanced resin technologies and manufacturing processes, as well as product development, sales & marketing.

“We are excited about this transaction with Centrex,” commented David Feldman, President & CEO of Katy. “The acquisition brings Katy a state-of-the-art manufacturing operation, a growing line of home storage products, and a mutually beneficial partnership with an innovative and technically proficient company. I look forward to working closely with the Centrex team and growing our businesses together.”

“I am pleased to be partnering with Katy in this transaction,” said Terry Reinhart, President of Centrex. “Centrex and Katy share many of the same values and priorities, including most importantly a dedication to customer satisfaction. This transaction will strengthen each of our companies as we work together in the years to come.”

About Katy Industries, Inc.

Katy Industries, Inc. is a leading manufacturer, importer and distributor of commercial cleaning and consumer storage products. Katy markets its products under the Continental, Contico, Wilen and Fort Wayne Plastics brands. For more information, visit www.katyindustries.com.

About Centrex Plastics, LLC

Centrex Plastics is a specialized custom plastic injection molding manufacturing company focused on the following industries: automotive, heavy truck, consumer goods and packaging. For more information, visit www.centrexplastics.com.

http://www.sec.gov/Archives/edgar/data/54681/000114036115015161/ex99_1.htm