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 ACT OF 1934



       DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED) NOVEMBER 20, 2002

                       AMERICAN LOCKER GROUP INCORPORATED
             (Exact name of registrant as specified in its charter)



     DELAWARE                        0-439                      16-0338330
  (State or other                 (Commission                (I.R.S. Employer
  jurisdiction of                 File Number)              Identification No.)
   incorporation)



            608 ALLEN STREET, JAMESTOWN, NEW YORK        14701
          (Address of principal executive offices)     (Zip Code)


   Registrant's telephone number, including area code   716-664-9600



         (Former name or former address, if changed since last report.)






Item 5.

          On November 20, 2002,  American Locker Group Incorporated  repurchased
370,000 shares of its common stock for $10.10 per share. The purchase  consisted
of the  purchase of 275,000  shares of common stock from the Estate of Harold J.
Ruttenberg  and 95,000  shares of common  stock from the Estate of  Katherine M.
Ruttenberg  The  purchase  reduces the  Company's  total  shares of common stock
outstanding to 1,514,146.

Item 7.   Financial Statements and Exhibits

          99.1     Press release dated November 20, 2002







     Pursuant to the  requirement  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

                                           American Locker Group Incorporated

NOVEMBER 20, 2002
- -----------------
   (Date)                                  /S/EDWARD F. RUTTENBERG
                                           ------------------------------------
                                           Edward F. Ruttenberg
                                           Chairman  and Chief Executive Officer







                                      INDEX

Exhibit

  99.1  Press release dated November 20, 2002






                                  Exhibit 99.1


                                  PRESS RELEASE

EX-99

                                                                    Exhibit 99.1

                                  PRESS RELEASE



                                          For further information contact:
                                          Edward F. Ruttenberg
                                          Phone: (412) 422-2377
                                          Fax #: (412) 422-2378
                                          Release No.: 02-07



(BW)  (NY-AMERICAN-LOCKER-GROUP)  AMERICAN  LOCKER  ANNOUNCES THE  REPURCHASE OF
370,000 SHARES OF ITS COMMON STOCK

BUSINESS EDITOR:

JAMESTOWN,  N.Y.  (BUSINESS  WIRE)  November  21,  2002  American  Locker  Group
Incorporated  (NASDAQ:ALGI)  announced that the Company has repurchased  370,000
shares of its common stock for $10.10 per share or $3,737,000 in the  aggregate.
The purchase agreement was finalized November 20, 2002 and involved the purchase
of 275,000 shares from the estate of Harold J. Ruttenberg and 95,000 shares from
the estate of Katherine M. Ruttenberg.  The purchase reduces the Company's total
shares of common stock outstanding to 1,514,146.

SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995

Except for historical  information  contained in this press release, the matters
discussed herein which contain  forward-looking  statements,  including  without
limitation, statements relating to the Company's plans, strategies,  objectives,
expectations,  intentions  and adequacy of  resources,  are made pursuant to the
Safe Harbor Provisions of the Private Securities  Litigation Reform Act of 1995.
Investors are cautioned that such  forward-looking  statements involve risks and
uncertainties  including  without  limitation the  following:  (i) the Company's
plans,  strategies,  objectives,  expectations,  and  intentions  are subject to
change at any time at the  discretion of the Company,  (ii) the Company's  plans
and results of operations  will be affected by the  Company's  ability to manage
its growth and inventory, and (iii) other risks and uncertainties indicated from
time  to  time  in the  Company's  filings  with  the  Securities  and  Exchange
Commission.

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