8-K

                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D. C. 20549


                                    FORM 8-K

                 CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d)
                     OF THE SECURITIES EXCHANGE ACT OF 1934




       DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): FEBRUARY 21, 2002



                              RVM INDUSTRIES, INC.
             (Exact name of registrant as specified in its charter)



         DELAWARE                      0-1709                 31-1515410
(State or other jurisdiction of      (Commission    (IRS employer identification
incorporation or organization)       file number)         number)


         753 WEST WATERLOO ROAD, AKRON, OHIO                  44314-1519
       (Address of Principal Executive Offices)               (Zip Code)

Registrant's telephone number, including area code: (330) 753-4545


Former name or former address, if changed since last report: NOT APPLICABLE




















ITEM 5.  OTHER EVENTS

On February 21, 2002, RVM Industries, Inc. (the "Company") issued a press
release announcing its intent to shut down its operations. As the Company
reported in its most recent quarterly report on Form 10-Q, filed with the
Securities and Exchange Commission on February 14, 2002, there were material
changes in the Company's financial condition in the quarter ended December 31,
2001. As disclosed therein and in earlier Form 10-Q reports filed by the Company
during the last year, the Company has had to restructure its debt repeatedly.
Substantial debt payments are due on March 31, 2002, and the Company will be
unable to meet its payment obligations on that date. The Company has attempted
to deal with its fiscal problems by selling off assets. On August 10, 2001, the
Company issued a press release to announce the closing of the operations of, and
the company's intent to sell, its wholly owned subsidiary, Albex Aluminum, Inc.
("Albex"); a Form 8-K was filed on August 14, 2001, and the sale of the
extrusion assets of Albex was completed on December 19, 2001. On November 17,
2001, the Company issued a press release to announce the sale, on November 14,
2001, of the assets of another wholly owned subsidiary, Ravens, Inc.; a Form 8-K
was filed on November 21, 2001. On December 20, 2001, the Company filed a Form
8-K to announce that its independent public accountants had resigned on December
17, 2001. In its Form 10-Q filed on February 14, 2002, the Company announced the
resignation of its Chief Financial Officer. The resignation of the auditors and
the Chief Financial Officer were made without dispute with the Company over
accounting practices and procedures. Management does not believe the Company can
continue to operate under these circumstances. The Company intends to sell the
assets of its one remaining subsidiary, Signs and Blanks, Inc., use the proceeds
of that sale and any other assets of the Company to pay its creditors to the
extent that funds are available and cease operations at the earliest practicable
date. As the Company winds down its operations, its shares will have little or
no value to stockholders, and it is unlikely the Company will be able to repay
debt to related parties.

ITEM 7.  FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS

         (c)   Exhibits

               (99) Press Release dated February 21, 2002, announcing the
                    intention of RVM Industries, Inc. to sell its remaining
                    assets, pay creditors to the extent funds are available and
                    cease operations






                                    SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                    RVM INDUSTRIES, INC.



                                    By:      /s/ Jacob Pollock
                                             ----------------------------
                                             Jacob Pollock
                                             Principal Financial Officer and
                                             Principal Accounting Officer


Dated: February 21, 2002















                              RVM INDUSTRIES, INC.

                             FORM 8-K CURRENT REPORT


                                INDEX OF EXHIBITS

99             Press Release dated February 21, 2002, announcing the intention
               of RVM Industries, Inc. to sell its remaining assets, pay
               creditors to the extent funds are available and cease operations

EX-99

NEWS FOR IMMEDIATE RELEASE

Contact: Richard D. Pollock, President (330-753-4545)

                       RVM INDUSTRIES TO CEASE OPERATIONS

AKRON, Ohio (Feb. 21, 2002) - RVM Industries Inc. Chairman Jacob "Jerry" Pollock
announced today the intention of the company to sell the assets of its one
remaining subsidiary, Signs and Blanks, Inc., and cease RVM's operations.
Management is unable to state when the sale of these assets will be completed or
the price that will be obtained. It is anticipated that all proceeds from the
sale of Signs and Blanks, Inc. and any other assets of the company will be used
to repay RVM's senior debt. As the company winds down its operations, its shares
will have little or no value to RVM stockholders, and it is unlikely the company
will be able to repay debt to related parties.

In its recent filings with the Securities and Exchange Commission, RVM has
reported material changes in its financial condition, including the repeated
restructuring of its debt. The company has attempted to deal with its fiscal
problems by selling off assets, including the sale of the extrusion assets of
its subsidiary, Albex Aluminum, Inc., on December 19, 2001, and the sale of the
assets of its former subsidiary, Ravens, Inc., on November 14, 2001. However,
substantial debt payments are due on March 31, 2002, and management does not
believe RVM will be able to make those payments or further restructure its debt
under acceptable terms. Under the circumstances, it would be unrealistic to
believe the company could continue to operate successfully, thus prompting
management's decision to cease RVM's operations at the earliest practicable
date.

RVM Industries Inc. (OTCBB: RVMI) is a holding company. Its sole remaining
subsidiary, Signs and Blanks Inc., is a manufacturer of aluminum control and
safety signs.