<PAGE>
                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-K/A
 (Mark One)
[X]  ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
     EXCHANGE ACT OF 1934
For the Fiscal Year Ended September 30, 2002
                                       OR

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

For the transition period from _____ to _____

                         Commission File Number 2-30905

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

              DELAWARE                             36-1202810
 -------------------------------         ---------------------------------
 (State or other jurisdiction of         (IRS Employer Identification No.)
 Incorporation or organization)

 6000 Lombardo Center, Suite 500, Seven Hills, Ohio              44131
 --------------------------------------------------            ----------
    (Address of principal executive offices)                   (Zip Code)

Registrant's telephone number, including area code:  (216) 986-8008

Securities registered pursuant to Section 12(b) of the Act: None
----------------------------------------------------------
Securities registered pursuant to Section 12(g) of the Act:

                                 Title of class
                      ------------------------------------
                      Common Stock, $1 par value per share

Indicate by check mark whether registrant (1) has filed all reports required to
be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 12 months, and (2) has been subject to such filing requirements
for the past ninety (90) days.
Yes [X]     No [ ]

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405
of Regulation S-K is not contained herein, and will not be contained, to the
best of registrant's knowledge, in definitive proxy or information statements
incorporated by reference in Part III of this Form 10-K/A or any amendment to
this Form 10-K/A. [X]

Indicate by check mark whether registrant is an accelerated filer.
Yes [ ]  No  [X]

The aggregate market value of voting stock held by non-affiliates of registrant,
computed by reference to the closing price on the OTC Bulletin Board on October
24, 2002 was approximately $1,654,126.


               Class                                  January 15, 2003
--------------------------------------          ------------------------------
 Common stock, $1 par value per share                     6,745,609






                                               This report consists of 17 pages.



                                       1
<PAGE>


TABLE OF CONTENTS

<TABLE>
<S>        <C>                                                                                        <C>
PART III.................................................................................................3

   ITEM 10.  DIRECTORS AND EXECUTIVE OFFICERS OF REGISTRANT..............................................3
   ITEM 11.  EXECUTIVE COMPENSATION......................................................................5
   ITEM 12.  SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT ............................10
   ITEM 13.  CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS.............................................14
   ITEM 14.  CONTROLS AND PROCEDURES....................................................................14

SIGNATURES..............................................................................................15
</TABLE>




                                       2
<PAGE>


PART III.
ITEM 10.   DIRECTORS AND EXECUTIVE OFFICERS OF REGISTRANT

DIRECTORS

Thomas N. Davidson, age 63, became a director in 2000. He has served as Chairman
of NuTech Precision Metals, a manufacturer of reactor tubes for nuclear power
plants, since 1989, and as Chairman of the Quarry Hill Group, a venture capital
firm and personal investment holding company, since 1990. He is a director of
Derlan Industries, Ltd., MDC Corporation, Inc., TLC Vision Corporation and Azure
Dynamics Corp.

Kirk W. Foley, age 60, became a director in 2002. Mr. Foley has been the
Chairman and Chief Executive Officer of Tube Fab Ltd., a company that shapes,
bends and machines metal tubing, since 1997. From 1989 to 1997 Mr. Foley served
as Chairman or President and as Chief Executive Officer of the Company. He also
served as a director of the Company from 1988 to 1997.

James R. Malone, age 60, became a director in 1996. Mr. Malone was elected
Chairman of the Board of Directors of the Company in 1996, and was elected as
Chief Executive Officer in 1997. Mr. Malone is also a managing director and
founding partner of Bridge Associates LLC, a financial and business
restructuring and consulting firm, and has been associated with Bridge since its
founding in 2000. Through his association with Bridge, Mr. Malone occasionally
serves as an executive officer of companies that retain Bridge to assist in
their financial restructuring, and as part of the restructuring strategy some of
these companies file for bankruptcy. The Company does not believe that Mr.
Malone's service as an executive officer with such companies, which arises
solely because of his affiliation with Bridge, is material to an evaluation of
the ability or integrity of Mr. Malone to serve as a director or executive
officer of the Company. Mr. Malone also served as Chairman of the Board and
Chief Executive Officer of Bliss Manufacturing Company (renamed Bliss
Technologies Inc. after its sale in 1998), a former subsidiary of the Company,
from 1997 until March 1998. He served as Chairman of the Board of Bliss
Technologies Inc. from March 1998 until February 1999. In January 2000 Bliss
Technologies Inc. filed a petition in the United States Bankruptcy Court in
Detroit, Michigan under Chapter 11 of the Bankruptcy Act. Mr. Malone is a
director of AmSouth Bancorporation and Ametek Inc.

John A. Pryor, age 60, became a director in 2001. He has served as President and
Chief Operating Officer of the Company since 2001. From 1996 to 2000 he was
President and Chief Executive Officer of Valley Innovative Services, a food
services management company. From 1992 to 2001, he was President of Pryor and
Associates, which provides consulting services to the food service industry.

Murray Walker, age 52, became a director in 1998. He has been President of
Isetan Management Ltd., a private investment company, since 1988. He has been
Chairman of Simcoe Coach Lines Ltd., a school and charter bus service company,
since 2001, and served as President of Simcoe from 1989 to 2001.

                                       3
<PAGE>

Ivan J. Winfield, age 68, became a director in 1995. He is an independent
business and financial consultant, and since 1995 also has been an Associate
Professor at Baldwin-Wallace College in Berea, Ohio. Mr. Winfield was a partner
of Coopers & Lybrand, a predecessor firm to PricewaterhouseCoopers (the
Company's auditors) from 1970 to 1994. Mr. Winfield is a director of Boykin
Lodging Company, Office Max, Inc. and Rainbow Rentals, Inc.

EXECUTIVE OFFICERS

<TABLE>
<CAPTION>
NAME                              AGE             POSITION AND TERMS OF SERVICE AS OFFICER
----------------------------    --------    ------------------------------------------------------
<S>                             <C>        <C>
James R. Malone                   60        Chairman and Chief Executive Officer
John A. Pryor                     60        President and Chief Operating Officer (1)
Julie A. McGraw                   38        Vice President, Chief Financial Officer, Treasurer and
                                            Assistant Secretary (2)
Joseph Najm                       42        Vice President-Operations (3)
Daniel J. Duggan                  43        Vice President (4)
Darrell Weeter                    46        Vice President (5)
John S. Meany, Jr.                57        Vice President and Secretary (6)
</TABLE>

(1)  Mr. Pryor was elected President and Chief Operating Officer in 2001. From
     1992 to 2001 he was President of Pryor & Associates, which provided
     consulting services to the food service industry. From 1996 to 2000 he was
     President and Chief Executive Officer of Valley Innovative Services, a food
     services management company.

(2)  Ms. McGraw was elected Chief Financial Officer and Treasurer in 2000 and
     Vice President in 1999. She served as Corporate Controller from 1998 to
     2001 and as Assistant Corporate Controller from 1996 until 1998.

(3)  Mr. Najm was elected Vice President-Operations in March 1999. He previously
     was employed by the Kirby Company as Vice President-Manufacturing from 1995
     to 1999. The Kirby Company is a manufacturer of vacuum cleaners.

(4)  Mr. Duggan has served in various executive capacities with the Company
     since 1990. He was elected Vice President in 2001 and has served as
     President of the International Sales Division since 2002. From 1997 to 2002
     he was President of the Asia-Pacific Sales Division.

(5)  Mr. Weeter was elected Vice President in 2001. He has also served as
     President of the Americas Sales Division since 2000, and was Vice President
     of the Americas Sales Division from 1998 to 2000. He has also served as
     President of FVS Inc., a Distributor of products manufactured by the
     Company, since 1985.

(6)  Mr. Meany was elected Vice President in March 2002, and also has served as
     Corporate Secretary since 1995. He was an attorney in private practice from
     1991 to 2002.


                                       4
<PAGE>


ITEM 11.  EXECUTIVE COMPENSATION

SUMMARY COMPENSATION TABLE

<TABLE>
<CAPTION>

                                                                                  Long Term                     All Other
                                           Annual Compensation              Compensation Awards (4)           Compensation
                                    ----------------------------------     ------------------------           ------------

                                                            Other Annual
          Name and                                          Compensation     Restricted        Stock
     Principal Position       Year  Salary (1)    Bonus (2)    ($) (3)     Stock ($) (5)    Options (#)(6)
     ------------------       ----  ----------    ---------    -------     -------------    --------------
<S>                        <C>    <C>           <C>        <C>                 <C>            <C>            <C>
James R. Malone (7)           2002   $211,711      $73,650    $60,020                  $0             0        $28,300 (8)
Chairman and Chief Executive  2001   $343,986           $0    $70,597                  $0       100,000        $28,300 (8)
Officer                       2000   $340,225     $162,500    $50,000                  $0       235,000        $28,300 (8)

John A. Pryor (9)             2002   $227,559      $79,174       -                     $0             0         $5,784 (10)
President                     2001    $13,641           $0       -                     $0       150,000         $1,608 (10)

Joseph L. Najm  (11)          2002   $143,825      $56,846       -                     $0             0         $4,096 (10)
Vice President-Operations     2001   $132,392           $0       -                     $0        50,000         $3,780 (10)
                              2000   $120,400     $139,036       -                     $0             0         $1,800 (10)

Darrell Weeter  (12)          2002   $411,715      $16,729       -                     $0             0         $5,409 (10)
Vice President; President,    2001   $317,505           $0       -                     $0        40,000         $5,250 (10)
Americas Sales Division       2000   $249,586      $11,667       -                $16,250        30,000         $2,750 (10)

Daniel J. Duggan (13)         2002   $312,569      $16,729       -                     $0             0         $4,053 (10)
Vice President; President,    2001   $226,606           $0       -                     $0        40,000         $3,603 (10)
International Sales Division  2000   $286,121           $0       -                     $0        35,000         $2,250 (10)
</TABLE>



(1) Salary amounts include automobile expense and, for Mr. Weeter and Mr.
Duggan, commissions on sales in their geographic areas of responsibility.

(2) Amounts paid were pursuant to the Company's incentive bonus plan for senior
management, plus an additional bonus in 2000 for Mr. Najm based on cost
reductions at the Company's manufacturing facility. Beginning in 2002,
participants in the Company's incentive bonus plan may elect to receive a
portion of the bonus in Common Stock of the Company. Mr. Malone and Mr. Pryor
were the only named executive officers to make this election in 2002.

(3) No executive officer received perquisites or other benefits required to be
disclosed under applicable regulations except for James R. Malone. He received a
total of $50,000 to be spent in his discretion on such perquisites and benefits
as he desired. The amount for 2001 and 2002 also includes additional amounts for
payment of taxes on certain perquisites.


                                       5
<PAGE>

(4) The Company maintains plans under which stock options may be awarded. The
Company does not, however, make "long term compensation awards" as that term is
used in applicable SEC rules, because the amount of Company incentive awards is
not measured by performance of the Company over longer than a one-year period.

(5) Reflects the fair market value of grants of restricted stock on the date of
grant. Restricted stock awarded to Mr. Weeter vests in three approximately equal
installments on the first, second and third anniversary dates of the award. No
dividends have been paid on the shares awarded in the above table because no
dividends have been declared by the Company since those shares were awarded.

(6) Reflects the number of shares of Common Stock of the Company covered by
stock options granted during the year. No stock appreciation rights ("SAR"),
either in conjunction with or separate from stock options, were granted to the
named executives during the years shown.

(7) Mr. Malone was elected as Chairman of the Company in 1996 and Chief
Executive Officer in 1997.

(8) Life insurance premium.

(9) Mr. Pryor has served as President since 2001. From 1992 to 2001 he was
President of Pryor & Associates, which provided consulting services to the food
service industry. From 1996 to 2000 he was President and Chief Executive Officer
of Valley Innovative Services, a food services management company.

(10) Matching contribution to the Company's Salary Deferral Plan.

(11) Mr. Najm was elected Vice President-Operations in March 1999. From 1995 to
1999 he served as Vice President-Operations of The Kirby Company, a vacuum
cleaner manufacturer.

(12) Mr. Weeter was elected Vice President in 2001. He has also served as
President of the Americas Sales Division since 2000, and was Vice President of
the Americas Sales Division from 1998 to 2000. He has also served as President
of FVS Inc., a Distributor of products manufactured by the Company, since 1985.

(13) Mr. Duggan has served in various executive capacities with the Company
since 1990. He was elected Vice President in 2001 and has served as President of
the International Sales Division since 2002. From 1997 to 2002 he was President
of the Asia-Pacific Sales Division.

OPTION GRANTS

There were no options granted to any of the named executive officers in 2002.




                                       6
<PAGE>


AGGREGATED OPTION EXERCISES AND FISCAL YEAR END OPTION TABLE

The following table sets forth information regarding stock options held at the
end of the fiscal year by the named executive officers. There were no stock
option exercises in 2002 by any named executive officer.

<TABLE>
<CAPTION>

                                  NUMBER OF SHARES OF
                                COMMON STOCK UNDERLYING                      VALUE OF UNEXERCISED
                                UNEXERCISED OPTIONS AT                     IN-THE-MONEY OPTIONS AT
                                SEPTEMBER 30, 2002 (1)                      SEPTEMBER 30, 2002 (2)
                                ----------------------                      ----------------------
NAME                        EXERCISABLE        UNEXERCISABLE         EXERCISABLE           UNEXERCISABLE
----                        -----------        -------------         -----------           -------------
<S>                         <C>                 <C>                    <C>                     <C>
James R. Malone               284,999             116,667                $0                      $0
John A. Pryor                  50,000             100,000                $0                      $0
Joseph L. Najm                 26,666              33,334                $0                      $0
Darrell Weeter                 47,499              30,001                $0                      $0
Daniel Duggan                  73,333              26,667                $0                      $0
</TABLE>

     1)   There were no SARs outstanding at September 30, 2002 and none were
          granted during the year.

     2)   The "value of unexercised in-the-money options at September 30, 2002"
          was calculated by determining the difference between the fair market
          value of the underlying shares of Common Stock at September 30, 2002
          ($.56 per share) and the exercise price of the option. An option is
          "in-the-money" when the fair market value of the underlying shares of
          Common Stock exceeds the exercise price of the option. None of the
          options held by the named executive officers were "in-the-money" on
          September 30, 2002.

COMPENSATION OF DIRECTORS

A director who is an employee of the Company is not separately compensated for
service as a director. Each non-employee director receives a retainer of $20,000
per year, payable quarterly. Each non-employee director also receives $1,000 per
meeting for each committee meeting attended and for each Special Board of
Directors meeting attended.

Pursuant to the Company's Omnibus Long-Term Compensation Plan, on the first
business day of each calendar year each non-employee director automatically
receives an option to purchase 6,000 shares of Common Stock of the Company (as
adjusted for stock splits).

EMPLOYMENT CONTRACTS, TERMINATION OF EMPLOYMENT AND CHANGE IN CONTROL
ARRANGEMENTS

The Company has entered into employment agreements with each of the named
executive officers under which they are to receive one year's salary in the
event of termination of employment without cause. Certain executives of the
Company also have agreements which provide that in the event of termination of
employment without cause (other than for death or disability, or voluntary
termination by the employee) in the twelve months


                                       7
<PAGE>

following a change in control (as defined in the agreement), the executives are
to receive compensation equal to a certain number of months of salary. In the
case of Mr. Malone this compensation is equal to two years' base salary. In the
case of the remaining named executive officers this compensation is equal to one
years' base salary.

COMPENSATION COMMITTEE INTERLOCKS AND INSIDER PARTICIPATION

At the beginning of 2002 the Compensation Committee was composed of Robert J.
Abrahams (Chairman), Thomas N. Davidson and John S. Meany, Jr. In February Mr.
Abrahams and Mr. Meany resigned from the Board of Directors and were replaced as
members of the Compensation Committee by Kirk W. Foley and Ivan J. Winfield, who
became Chairman. Mr. Foley previously served as Chief Executive Officer of the
Company from 1989 to 1997. In 2002 the Company agreed to reimburse Mr. Foley in
the amount of $80,000 for a portion of the legal expenses incurred in his
capacity as Designated Agent in connection with a Stockholders' Voting Agreement
(and related filing of Schedule 13D) (the "Agreement") entered into by several
stockholders pursuant to which Mr. Foley was given an irrevocable proxy to vote
their shares on all matters to come before stockholders for a vote, including
any vote relating to a sale or merger of the Company or the purchase or sale of
assets by the Company. The Agreement also restricts the ability of the
participating shareholders from selling or transferring their shares other than
in accordance with the Agreement. The Agreement is valid until October 19, 2004,
unless terminated sooner in accordance with the terms of the Agreement.

BOARD COMPENSATION COMMITTEE REPORT ON EXECUTIVE COMPENSATION

The Compensation Committee of the Board of Directors is responsible for
recommending to the Board of Directors the compensation of executive officers
and key employees of the Company. The Compensation Committee annually reviews
compensation of the Chief Executive Officer, other executive officers and key
employees of the Company. The Compensation Committee meets at least annually to
monitor performance and fix awards based on performance standards and to review
compensation decisions. The Committee's policy in evaluating and compensating
executive officers and key employees is to consider the performance of the
Company as a whole and the individual's contribution toward the Company's
attainment of established Company and individual goals. Factors considered in
evaluating performance are both subjective (such as the individual's performance
and development) and objective (such as the attainment of specified financial
goals).

The composition of compensation varies broadly among executive officers and key
employees of the Company based on their responsibilities. Generally, base salary
is targeted at competitive rates believed by the Committee members to be
necessary in their experience to retain qualified personnel. The Company
maintains an Incentive Bonus Plan under which participating employees may be
eligible for a bonus if the Company meets certain financial targets. For 2002,
maximum bonus payable to an individual was a percentage of base salary ranging
from 10% to 50% with both quarterly and annual targets. Bonuses were based on
the Company's sales (25% of the bonus) and on the Company's earnings before
interest, taxes, depreciation and amortization (EBITDA) (75% of the bonus).
Participants could elect to take part of their bonus in Common Stock


                                       8
<PAGE>

of the Company. From time to time, the Company engages outside compensation
consultants to provide information and advice about competitive levels of
compensation and particular compensation techniques.

     COMPENSATION OF THE CHIEF EXECUTIVE OFFICER

Mr. Malone's base salary in 2002 was set by the compensation Committee at
$200,000 per year, an amount which the Committee believes is competitive with
other consumer goods companies of similar size and taking into account Mr.
Malone's reduced involvement with the Company while retaining his titles of
Chairman and Chief Executive Officer. Mr. Malone receives other benefits
available generally to all executives and was also given a total of $50,000 to
be spent in his discretion for other benefits. The Company also paid a life
insurance premium for Mr. Malone, and an additional amount to cover income taxes
due on such benefits provided to him.

           For the Compensation Committee

                 Ivan J. Winfield
                 Thomas N. Davidson
                 Kirk W. Foley

PERFORMANCE GRAPH

The following chart compares the cumulative shareholder return of the Company
for the five years ended September 30, 2002 to the NASDAQ National Market
Composite Index and a Company-determined peer group. The Company's Common Stock
is traded on the OTC Bulletin Board. The chart assumes the investment of $100 on
September 30, 1997 and the immediate reinvestment of all dividends.


<TABLE>
<CAPTION>

                                      1997       1998         1999         2000         2001        2002
                                      ----       ----         ----         ----         ----        ----
<S>                                 <C>         <C>          <C>          <C>          <C>         <C>
HMI Industries Inc.                 $100.00      $33.33       $33.33       $21.43      $13.33      $13.33
Peer Group                          $100.00      $58.98      $117.24      $106.84      $63.09      $59.12
NASDAQ Market Index                 $100.00     $103.92      $168.12      $229.98      $94.23      $75.81
</TABLE>

The peer group companies, which are in similar lines of business as the Company,
are Applica Incorporated, National Presto Industries, Inc., Royal Appliance Mfg.
Co. and Salton, Inc. Some of the Company's direct competitors are divisions of
larger corporations, privately held corporations or foreign corporations and are
not included in the peer comparisons since the pertinent information is not
available to the public.


                                       9
<PAGE>

ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND
RELATED STOCKHOLDER MATTERS

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS

The following table sets forth the names and share ownership as of January 15,
2003 of those persons who, to the knowledge of the Company, are the beneficial
owners of more than 5% of the Company's outstanding Common Stock based upon
information furnished to the Company by such person. Each beneficial owner has
sole power to vote and dispose of the shares indicated, except as otherwise
stated.
<TABLE>
<CAPTION>

                                            AMOUNT &
NAME AND ADDRESS OF                         NATURE OF
BENEFICIAL OWNERS                           BENEFICIAL                  PERCENT OF
AS OF JANUARY 15, 2003                      OWNERSHIP                  COMMON STOCK
----------------------                      ---------                  ------------
<S>                                       <C>                           <C>
Barry L. Needler                            1,860,000 (1)(2)                27.57%
P.O. Box 2463, Station B
Richmond Hill, Ontario L4E 1A5

Steeplechase Corp. (3)                      1,709,250                       25.34%
P.O. Box 2463, Station B
Richmond Hill, Ontario L4E 1A5

Kirk W. Foley                               2,894,044 (4)                   42.90%
2045 Lakeshore Blvd., #3507
Toronto, Ontario  M8V 2Z6

Amherst Tanti U.S. Inc. (5)                   520,148                        7.71%
2045 Lakeshore Blvd., #3507
Toronto, Ontario  M8V 2Z6

James R. Malone                               563,405 (6)                    8.01%
HMI Industries Inc.
6000 Lombardo Center
Seven Hills, OH  44131

John S. Meany, Jr.                            528,479 (7)                    7.83%
9200 S. Winchester Ave.
Chicago, Illinois 60620

Robert J. Williams                            466,937                        6.92%
50 Midtown Park East
Mobile, AL  36606

Thomas N. Davidson                            373,192 (8)                    5.53%
7 Sunrise Cay Drive
Key Largo, FL  33037
</TABLE>

                                       10
<PAGE>
<TABLE>
<S>                                    <C>                               <C>
Dimensional Fund Advisors                     359,575                        5.33%
1299 Ocean Drive
Santa Monica, CA  90401
</TABLE>

     1)   Includes shares owned of record and beneficially by Fairway Inc.
          (150,750 shares) and Steeplechase Corp. (1,709,250 shares). Mr.
          Needler controls these corporations and serves as a Director and Chief
          Executive Officer of these corporations.

     2)   Under the terms of the Agreement Barry Needler has surrendered his
          right to vote or transfer the shares except in accordance with the
          Agreement.

     3)   Mr. Needler is the President and Chief Executive Officer of
          Steeplechase Corp.

     4)   Includes 520,148 shares owned of record by Amherst Tanti U.S. Inc. and
          10,300 shares in a retirement fund. Also includes 2,339,028 shares for
          which Mr. Foley holds an irrevocable proxy pursuant to the Agreement.

     5)   Amherst Tanti U.S. Inc. is owned by Kirk W. Foley and his wife. Mr.
          Foley serves as President of this corporation.

     6)   Includes 284,999 shares subject to issuance upon the exercise of stock
          options exercisable within 60 days hereof. Also includes 11,000 shares
          owned by his wife, beneficial ownership of which is disclaimed.

     7)   Includes 6,750 shares owned by his wife, beneficial ownership of which
          is disclaimed.

     8)   Includes 4,500 shares subject to issuance upon the exercise of stock
          options exercisable with 60 days hereof.

SECURITY OWNERSHIP OF MANAGEMENT

The following table sets forth, as of January 15, 2003, information concerning
the number of shares of Common Stock beneficially owned by each director, each
nominee for director, each named executive officer, and by all executive
officers and directors as a group. The totals shown below for each person and
for the group include shares held personally, shares held by immediate family
members, and shares acquirable within sixty days of the date hereof by the
exercise of stock options.


                                       11
<PAGE>

                  AMOUNT AND NATURE OF BENEFICIAL OWNERSHIP(1)
<TABLE>
<CAPTION>
                                      Direct              Exercisable
     Name of Beneficial Owner        Ownership            Options (2)        Total        Percent (3)
     ------------------------        ---------            -----------        -----        -----------
<S>                                  <C>                   <C>           <C>               <C>
Thomas N. Davidson                     369,692                 4,500         373,192           5.53%
Daniel J. Duggan                       216,550                73,333         289,883           4.25%
Kirk W. Foley                        2,894,044 (4)                 0       2,894,044          42.90%
James R. Malone                        278,406 (5)           284,999         563,405           8.01%
Joseph L. Najm                          22,000                26,666          48,666             *
John A. Pryor                           40,352 (6)            50,000          90,352           1.33%
Murray Walker                          258,100 (7)            15,000         273,100           4.04%
Darrell Weeter                          85,625                47,499         133,124           1.96%
Ivan J. Winfield                        15,000 (8)           115,000         130,000           1.89%
All Executive Officers and
Directors as a Group                 4,461,648               662,830       5,124,478          69.17%
</TABLE>

     1)   Each person has sole voting and investment power with respect to all
          shares shown except as indicated below.

     2)   Represents shares subject to stock options that are currently
          exercisable or become exercisable within 60 days hereof.

     3)   Unless otherwise indicated, the percentage of Common Stock owned is
          less than one percent of the Common Stock outstanding.

     4)   Includes 520,148 shares owned of record by Amherst Tanti U.S. Inc. and
          10,300 shares in a retirement fund. Also includes 2,339,028 shares for
          which Mr. Foley holds an irrevocable proxy pursuant to the Agreement.

     5)   Includes 11,000 shares owned by his wife, beneficial ownership of
          which is disclaimed.

     6)   Includes 21,500 shares held in a retirement fund.

     7)   A portion of these shares (253,100) are subject to the Agreement.

     8)   Includes 12,200 shares held in a retirement plan.


                                       12
<PAGE>


SECURITIES AUTHORIZED FOR ISSUANCE UNDER EQUITY COMPENSATION PLANS

Information about HMI equity compensation plans at September 30, 2002 was as
follows:
<TABLE>
<CAPTION>

                                                                                                Number of shares
                                               Number of shares to                             remaining available
                                                  be issued upon        Weighted average       for future issuance
                                                   exercise of          exercise price of         under equity
               Plan Category                   outstanding options     outstanding options     compensation plans
------------------------------------------------------------------------------------------------------------------
<S>                                                     <C>                        <C>                       <C>
Equity compensation plans approved by
shareholders (1)                                           1,011,666                  $1.25                    -0- (2)
------------------------------------------------------------------------------------------------------------------
Equity compensation plans not approved by
shareholders (3)                                             135,000                  $5.91                    -0-
------------------------------------------------------------------------------------------------------------------
Total                                                      1,146,666                  $1.80                    -0-
------------------------------------------------------------------------------------------------------------------
</TABLE>

     1)   These options were issued under the 1992 Omnibus Long-Term
          Compensation Plan.

     2)   The 1992 Omnibus Long-Term Compensation Plan (the "Plan") does not
          contain any restriction on the number of shares that can be issued
          pursuant to an award under the Plan except for Incentive Stock Options
          ("ISO"), which are limited to 2,500,000 shares, as adjusted for stock
          splits. No new ISO grants may be made under the Plan because the Plan
          was adopted more than ten years ago. Regulations of the Internal
          Revenue Service which determine whether or not on option is an ISO
          require that the Plan under which an ISO is granted must have been
          adopted within the prior ten years. The number of shares available for
          grant each year is equal to 5% of the Company's outstanding Common
          Stock on December 31 of the prior year. To the extent that the number
          of awards in any year is less than 5%, this unused amount may be
          carried over to future years. Awards which have lapsed or been
          forfeited may also be reissued in future years. The maximum number of
          awards that can be made in any year, including carryovers and lapsed
          and forfeited awards, is equal to 10% of the Company's outstanding
          Common Stock on December 31 of the prior year.

     3)   Awards of non-qualified stock options were made to two outside
          consultants in connection with their services to HMI. The option price
          was the fair market value on the date of grant. One option for 100,000
          shares expires ten years from the date of grant (2006), while the
          other option for 35,000 shares expires five years from the date of
          grant (2005).


                                       13
<PAGE>
ITEM 13.  CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

Darrell Weeter, an executive officer of the Company, has served for many years
as President of FVS, Inc. a distributor of products manufactured by the Company
and which is owned by Mr. Weeter and his wife. In 2002 FVS purchased a total of
$100,352 in products from the Company. For information regarding a transaction
involving Kirk Foley, please see "Compensation Committee Interlocks and Insider
Participation" in Item 11 above.

ITEM 14.  CONTROLS AND PROCEDURES

Incorporated by reference from Item 14 of the Company's 10-K dated December 10,
2002.



                                       14
<PAGE>
SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange
Act of 1934, the registrant has duly caused this Report on Form 10-K/A to be
signed on its behalf by the undersigned, thereunto duly authorized.


                                   HMI INDUSTRIES INC.
                                   (Registrant)

                                   by  /s/ Julie A. McGraw
                                       -------------------------------
                                       Julie A. McGraw
                                       Vice President, Chief Financial
                                       Officer and Treasurer
                                       January 23, 2003

Pursuant to the requirements of the Securities Exchange Act of 1934, this Report
on Form 10-K/A has been signed below by the following persons on behalf of the
registrant and in the capacities and on the dates indicated.


<TABLE>
<S>                                           <C>                                         <C>
/s/ James R. Malone                            /s/ John A. Pryor                           /s/ Thomas N. Davidson
------------------------------------------     ----------------------------------------    ----------------------------------------
James R. Malone                                John A. Pryor                               Thomas N. Davidson
Chairman of the Board, Chief Executive         President and Director                      Director
Officer and Director                           January 23, 2003                            January 23, 2003
January 23, 2003



                                               /s/ Murray Walker                           /s/ Ivan J. Winfield
------------------------------------------     ----------------------------------------    ----------------------------------------
Kirk W. Foley                                  Murray Walker                               Ivan J. Winfield
Director                                       Director                                    Director
January     , 2003                             January 26, 2003                            January 24, 2003


/s/ Earl J. Watson
------------------------------------------
Earl J. Watson
Corporate Controller
January 23, 2003
</TABLE>



                                       15
<PAGE>


                                 CERTIFICATIONS
I, James R. Malone, certify that:

    1.       I have reviewed this annual report on Form 10-K/A of HMI Industries
             Inc.;
    2.       Based on my knowledge, this annual report does not contain any
             untrue statement of a material fact or omit to state a material
             fact necessary to make the statements made, in light of the
             circumstances under which such statements were made, not misleading
             with respect to the period covered by this annual report;
    3.       Based on my knowledge, the financial statements, and other
             financial information included in this annual report, fairly
             present in all material respects the financial condition, results
             of operations and cash flows of the registrant as of, and for, the
             periods presented in this annual report;
    4.       The registrant's other certifying officers and I are responsible
             for establishing and maintaining disclosure controls and procedures
             (as defined in Exchange Act Rules 13a-14 and 15d-14) for the
             registrant and have:
                      a) designed such disclosure controls and procedures to
                      ensure that material information relating to the
                      registrant, including its consolidated subsidiaries, is
                      made known to us by others within those entities,
                      particularly during the period in which this annual report
                      is being prepared;
                      b) evaluated the effectiveness of the registrant's
                      disclosure controls and procedures as of a date within 90
                      days prior to the filing date of this annual report (the
                      "Evaluation Date"); and
                      c) presented in this annual report our conclusions about
                      the effectiveness of the disclosure controls and
                      procedures based on our evaluation as of the Evaluation
                      Date;
    5.       The registrant's other certifying officers and I have disclosed,
             based on our most recent evaluation, to the registrant's auditors
             and the audit committee of registrant's Board of Directors (or
             persons performing the equivalent functions):
                      a) all significant deficiencies in the design or operation
                      of internal controls which could adversely affect the
                      registrant's ability to record, process, summarize and
                      report financial data and have identified for the
                      registrant's auditors any material weaknesses in internal
                      controls; and
                      b) any fraud, whether or not material, that involves
                      management or other employees who have a significant role
                      in the registrant's internal controls; and
    6.       The registrant's other certifying officers and I have indicated in
             this annual report whether there were significant changes in
             internal controls or in other factors that could significantly
             affect internal controls subsequent to the date of our most recent
             evaluation, including any corrective actions with regard to
             significant deficiencies and material weaknesses.

                                           /s/ James R. Malone
                                           ------------------------------------
                                           James R. Malone
                                           Chief Executive Officer and Chairman
                                           January 23, 2003

                                       16
<PAGE>

                                 CERTIFICATIONS
I, Julie A. McGraw, certify that:
    1.       I have reviewed this annual report on Form 10-K/A of HMI Industries
             Inc.;
    2.       Based on my knowledge, this annual report does not contain any
             untrue statement of a material fact or omit to state a material
             fact necessary to make the statements made, in light of the
             circumstances under which such statements were made, not misleading
             with respect to the period covered by this annual report;
    3.       Based on my knowledge, the financial statements, and other
             financial information included in this annual report, fairly
             present in all material respects the financial condition, results
             of operations and cash flows of the registrant as of, and for, the
             periods presented in this annual report;
    4.       The registrant's other certifying officers and I are responsible
             for establishing and maintaining disclosure controls and procedures
             (as defined in Exchange Act Rules 13a-14 and 15d-14) for the
             registrant and have:
                      a) designed such disclosure controls and procedures to
                      ensure that material information relating to the
                      registrant, including its consolidated subsidiaries, is
                      made known to us by others within those entities,
                      particularly during the period in which this annual report
                      is being prepared;
                      b) evaluated the effectiveness of the registrant's
                      disclosure controls and procedures as of a date within 90
                      days prior to the filing date of this annual report (the
                      "Evaluation Date"); and
                      c) presented in this annual report our conclusions about
                      the effectiveness of the disclosure controls and
                      procedures based on our evaluation as of the Evaluation
                      Date;
    5.       The registrant's other certifying officers and I have disclosed,
             based on our most recent evaluation, to the registrant's auditors
             and the audit committee of registrant's Board of Directors (or
             persons performing the equivalent functions):
                      a) all significant deficiencies in the design or operation
                      of internal controls which could adversely affect the
                      registrant's ability to record, process, summarize and
                      report financial data and have identified for the
                      registrant's auditors any material weaknesses in internal
                      controls; and
                      b) any fraud, whether or not material, that involves
                      management or other employees who have a significant role
                      in the registrant's internal controls; and
    6.       The registrant's other certifying officers and I have indicated in
             this annual report whether there were significant changes in
             internal controls or in other factors that could significantly
             affect internal controls subsequent to the date of our most recent
             evaluation, including any corrective actions with regard to
             significant deficiencies and material weaknesses.

                                          /s/ Julie A. McGraw
                                          -------------------------------------
                                          Julie A. McGraw
                                          Chief Financial Officer and Treasurer
                                          January 23, 2003



                                       17