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

                                  FORM 10-Q

(Mark One)
 [ X ]            QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d)
                  OF THE SECURITIES EXCHANGE ACT OF 1934
                  For the Period Ended September 23, 2000

                                      or

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

                        Commission file number 0-17237

                      HOME PRODUCTS INTERNATIONAL, INC.
            ------------------------------------------------------
            (Exact name of registrant as specified in its Charter)


             Delaware                                  36-4147027
  -------------------------------                   -------------------
  (State or other jurisdiction of                    (I.R.S Employer
   incorporation or organization)                   Identification No.)


     4501 West 47th Street
       Chicago, Illinois                                   60632
     ---------------------                               ----------
     (Address of principal                               (Zip Code)
      executive offices)


 Registrant's telephone number including area code (773) 890-1010.


 Indicate by check  mark whether  the 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 (or for such shorter period  that the
 registrant was required to file such  reports), and (2) has been subject  to
 such filing requirements for the past 90 days.    Yes  [ X ]  No  [   ]


Common shares, par value $0.01, outstanding as of October 30, 2000 - 7,278,471
<PAGE>

                      HOME PRODUCTS INTERNATIONAL, INC.

                                    INDEX

                                                                     Page
                                                                    Number
                                                                    ------
   I.   Part Financial Information

           Item 1.  Financial Statements

                      Condensed Consolidated Balance Sheets            3

                      Condensed Consolidated Statements of
                        Operations and Retained Earnings               4

                      Condensed Consolidated Statements of
                        Cash Flows                                     5

                      Notes to Condensed Consolidated Financial
                        Statements                                     6

           Item 2.  Management's Discussion and Analysis of Financial
                      Condition and Results of Operations              8

           Item 3.  Quantitative and Qualitative Disclosures
                      About Market Risk                               14

  Part II. Other Information

           Items 1 through 3 are not applicable

           Item 5.  Other Events                                      16

           Item 6.  Exhibits and Reports on Form 8-K                  17


  Signature                                                           18


<PAGE>
 PART I  Financial Information

        ITEM 1. Financial Statements

<TABLE>
                  HOME PRODUCTS INTERNATIONAL, INC.
                Condensed Consolidated Balance Sheets
                (in thousands, except share amounts)
                                                     September 23, December 25,
                                                          2000        1999
                                                       (unaudited)
                                                         -------     -------
 <S>                                                    <C>         <C>
                       Assets
 Current assets:
   Cash and cash equivalents                            $  2,779     $ 4,861
   Accounts receivable, net                               56,878      59,571
   Inventories, net                                       32,372      24,064
   Prepaid expenses and other current assets               5,995       7,558
                                                         -------     -------
     Total current assets                                 98,024      96,054
 Property, plant and equipment - at cost                 109,807      98,678
 Less accumulated depreciation and amortization          (41,348)    (31,420)
                                                         -------     -------
 Property, plant and equipment, net                       68,459      67,258
 Intangible, net and other assets                        175,800     180,594
                                                         -------     -------
 Total assets                                           $342,283    $343,906
                                                         =======     =======
         Liabilities and Stockholders' Equity
 Current liabilities:
   Current maturities of long-term obligations          $  5,058    $  5,571
   Accounts payable                                       27,399      23,820
   Accrued liabilities                                    29,795      33,651
                                                         -------     -------
     Total current liabilities                            62,252      63,042
 Long-term obligations - net of current maturities       222,486     221,334
 Other liabilities                                         3,005       2,908
 Stockholders' equity:
   Preferred Stock - authorized, 500,000 shares,
     $.01 par value; - None issued                             -           -
   Common Stock - authorized 15,000,000 shares,
     $.01 par value; 8,100,865 shares issued at
     September 23, 2000 and 8,068,863 shares
     issued at December 25, 1999                              81          81
   Additional paid-in capital                             49,071      48,800
   Retained earnings                                      11,916      14,269
   Common stock held in treasury - at cost 822,394
     shares at September 23, 2000 and December 25, 1999   (6,528)     (6,528)
                                                         -------     -------
     Total stockholders' equity                           54,540      56,622
                                                         -------     -------
 Total liabilities and stockholders' equity.            $342,283    $343,906
                                                         =======     =======

 The accompanying notes are an integral part of the financial statements.
</TABLE>
<PAGE>
<TABLE>

                      HOME PRODUCTS INTERNATIONAL, INC.
    Condensed Consolidated Statements of Operations and Retained Earnings
                                 (unaudited)
                   (in thousands, except per share amounts)

                                      Thirteen-Weeks         Thirty-nine Weeks
                                          Ended                    Ended
                                     ------------------     -------------------
                                     Sept 23,  Sept 25,     Sept 23,   Sept 25,
                                      2000      1999          2000        1999
                                     ------   ------        -------     -------
<S>                                 <C>      <C>           <C>         <C>
Net sales                           $83,566  $79,737       $222,565    $220,103
Cost of goods sold                   63,494   52,917        164,607     144,144
Special charge                            -    8,947              -       8,947
                                     ------   ------        -------     -------
   Gross profit                      20,072   17,873         57,958      67,012

Operating expenses
   Selling                           10,236   10,491         30,554      30,093
   Administrative                     2,937    3,840         10,578      12,806
   Amortization of intangible assets  1,327    1,341          3,962       4,082
   Restructuring and other charges        -    5,610              -       5,610
   Other nonrecurring charges             -      443              -         443
                                     ------   ------        -------     -------
                                     14,500   21,725         45,094      53,034
                                     ------   ------        -------     -------
   Operating profit (loss)            5,572   (3,852)        12,864      13,978

Other income (expense)
   Interest income                       17       39             65         143
   Interest (expense)                (5,664)  (5,091)       (16,435)    (15,019)
   Other income (expense), net           19      128           (545)        239
                                     ------   ------        -------     -------
                                     (5,628)  (4,924)       (16,915)    (14,637)
                                     ------   ------        -------     -------
Loss before income taxes                (56)  (8,776)        (4,051)       (659)

Income tax benefit (expense)             24    3,363          1,698         (36)
                                     ------   ------        -------     -------
Net loss                                (32)  (5,413)        (2,353)       (695)

Retained earnings at beginning
  of period                          11,948   16,977         14,269      12,259
                                     ------   ------        -------     -------
Retained earnings at end of period  $11,916  $11,564       $ 11,916    $ 11,564
                                     ======   ======        =======     =======

Net loss per common share - basic    ($0.00)  ($0.74)        ($0.32)     ($0.09)
                                     ======   ======        =======     =======

 The accompanying notes are an integral part of the financial statements.
</TABLE>
<PAGE>
<TABLE>

                      HOME PRODUCTS INTERNATIONAL, INC.
                Condensed Consolidated Statements of Cash Flows
                                 (unaudited)
                            (dollars in thousands)

                                                     Thirty-nine weeks Ended
                                                     ------------------------
                                                     September      September
                                                        23,            25,
                                                       2000           1999
                                                      -------        -------
 <S>                                                 <C>            <C>
 Operating activities:
  Net loss                                           $ (2,353)      $   (695)
  Adjustments to reconcile net loss to net
   cash provided by operating activities:
   Depreciation and amortization                       13,890         12,021
   Changes in assets and liabilities:
     Decrease (increase) in accounts receivable         2,693         (5,604)
     (Increase) in inventories                         (8,308)        (4,160)
     Decrease in prepaid expenses and other
      current assets                                    1,563          5,141
     Increase in accounts payable                       3,579          7,747
     (Decrease) in accrued liabilities                 (3,856)          (156)
   Other operating activities, net                        929         (1,698)
                                                      -------        -------
 Net cash provided by operating activities              8,137         12,596
                                                      -------        -------
 Investing activities:
  Proceeds on sale of business, net                         -          4,692
  Proceeds from sale of building, net                       -            977
  Capital expenditures, net                           (11,129)       (14,061)
                                                      -------        -------
 Net cash used for investing activities               (11,129)        (8,392)
                                                      -------        -------
 Financing activities:
  Payments on term loan borrowings                     (5,000)        (2,250)
  Net proceeds from borrowings under revolving
    line of credit                                      5,750            300
  Payment of capital lease obligation                    (111)          (265)
  Purchase of treasury stock                                -         (3,886)
  Exercise of stock options, issuance of common
   stock under stock purchase plan and other              271            197
                                                      -------        -------
 Net cash provided by financing activities                910         (5,904)
                                                      -------        -------
  Net decrease in cash and cash equivalents            (2,082)        (1,700)
  Cash and cash equivalents at beginning of period      4,861          4,986
                                                      -------        -------
  Cash and cash equivalents at end of period         $  2,779       $  3,286
                                                      =======        =======
 Supplemental disclosures: Cash paid in the
 period for:
  Interest                                           $ 11,868       $ 10,698
                                                      -------        -------
  Income taxes, net                                  $      0       $  3,478
                                                      -------        -------

  The accompanying notes are an integral part of the financial statements.
</TABLE>
<PAGE>

                       HOME PRODUCTS INTERNATIONAL, INC.

             Notes to Condensed Consolidated Financial Statements
                                  (Unaudited)
               (dollars in thousands, except per share amounts)


 Note 1. Home Products International, Inc. (the "Company"), based in Chicago,
 is a leading designer, manufacturer and marketer of a broad range of  value-
 priced, quality consumer  houseware products.   The  Company's products  are
 marketed principally through mass-market trade channels in the United States
 and internationally.

      The condensed consolidated financial statements include the accounts of
 the Company  and its  subsidiary companies.   All  significant  intercompany
 transactions and balances have been eliminated.

      The unaudited condensed financial statements included herein as of  and
 for the thirteen-weeks and  thirty-nine weeks ended  September 23, 2000  and
 September 25, 1999 reflect, in the  opinion of the Company, all  adjustments
 (which include only  normal recurring  adjustments) necessary  for the  fair
 presentation of the financial position, the  results of operations and  cash
 flows.  These unaudited financial statements  should be read in  conjunction
 with the audited financial statements and related notes thereto included  in
 the Company's 1999 Annual Report on Form 10-K.  The results for the  interim
 periods presented are not necessarily indicative  of results to be  expected
 for the full year.

 Note 2.  In  the first quarter of  2000 the Company  incurred $598 of  other
 non - recurring  costs   associated  with  the   exploration  of   strategic
 alternatives aimed at enhancing shareholder value.  Such costs included fees
 related to  investment bankers,  accountants, lawyers  and travel  expenses.
 These costs are  included in  the "Other  income (expense)"  section of  the
 Condensed Consolidated Statements of Operation and Retained Earnings.

 Note 3.  Inventories are summarized as follows:


                                            September 23,        December 25,
                                                2000                 1999
                                                ------              ------
      Finished goods                           $21,495             $15,890
      Work-in-process                            3,837               2,168
      Raw materials                              7,040               6,006
                                                ------              ------
                                               $32,372             $24,064
                                                ======              ======

<PAGE>
<TABLE>
 Note 4.  The following information reconciles earnings per share - basic and
 earnings per share - diluted:

                                         Thirteen-Weeks     Thirty-nine Weeks
                                             Ended                Ended
                                       ------------------   ------------------
                                       Sept 23,  Sept 25,   Sept 23,  Sept 25,
                                         2000      1999       2000      1999
                                        ------    ------     ------    ------
<S>                                    <C>       <C>        <C>       <C>
Net loss                               $   (32)  $(5,413)   $(2,353)  $  (695)
 Weighted average common shares
outstanding - basic                      7,278     7,272      7,274     7,465
Impact of stock options and warrants         -       197          -       185
Weighted average common shares
outstanding - diluted                    7,278     7,469      7,274     7,650
                                        ======    ======     ======    ======

Net loss per share - basic             $ (0.00)  $ (0.74)   $ (0.32)  $ (0.09)

Net loss per share - diluted           $ (0.00)  $ (0.74)   $ (0.32)  $ (0.09)
</TABLE>


      Stock  options  and  warrants  are  not  considered  dilutive  for  the
 thirteen- week or thirty-nine week periods ended September 23, 2000  because
 of the loss in  the periods; furthermore, as  the Company's stock price  has
 fallen below the lowest option value, none of the stock options or  warrants
 are currently dilutive.

 Note 5.   In the  third quarter  of 1999,  the  Company recorded  a  $15,000
 pretax charge, comprised of a Special  Charge and a Restructuring and  Other
 Nonrecurring Charge, (together referred  to herein as  the "Charges").   The
 Charges were incurred  in accordance  with a plan  adopted in  July 1999  to
 consolidate two of the Company's wholly-owned subsidiaries and to  implement
 a national branding strategy.

<TABLE>
      The third  quarter  2000  utilization of  the  reserve  established  in
 connection with the Charges was as follows:

                                      Reserve        Activity      Reserve
                                     balance at       in Q3       balance at
                                      06/24/00         2000        09/23/00
                                       -------        ------       -------
  <S>                                 <C>            <C>          <C>
  Inventory                           $  3,428       $   860      $  2,568
  Molds                                    496            -            496
  Elimination of duplicate assets          149            -            149
  Employee costs                           401            71           330
  Other                                    359            39           320
                                       -------        ------       -------
                                      $  4,833       $   970      $  3,863
                                       =======        ======       =======
</TABLE>

      The total activity  charged against the  accrual in the  thirteen-weeks
 ended September 23, 2000 was $970, of which $738 were non cash costs.
<PAGE>

 Note 6.  The  provision  for  income taxes  is  determined  by  applying  an
 estimated annual effective tax rate (federal, state and foreign combined) to
 income before taxes.   The  estimated annual  effective income  tax rate  is
 based upon  the  most  recent  annualized  forecast  of  pretax  income  and
 permanent book/tax differences.

 ITEM 2.   Management's Discussion and  Analysis of  Financial Condition  and
           Results of Operations

      This commentary  should  be  read in  conjunction  with  the  Company's
 consolidated financial  statements and  related footnotes  and  management's
 discussion and analysis  of financial  condition and  results of  operations
 contained in the Company's Form 10-K for the year ended December 25, 1999.

 Thirteen-weeks ended September 23, 2000 compared to the thirteen-weeks ended
 September 25, 1999

      In the  discussion and  analysis that  follows, all  references to  the
 third quarter of 2000  are to the thirteen-week  period ended September  23,
 2000 and all references to  the third quarter of  1999 are to the  thirteen-
 week period ended September 25, 1999.  The following discussion and analysis
 compares the actual  results for  the third quarter  of 2000  to the  actual
 results for the third  quarter of 1999 with  reference to the following  (in
 thousands, except per share amounts; unaudited):

<TABLE>
                                              Thirteen-weeks ended
                                   ---------------------------------------
                                   September 23, 2000   September 25, 1999
                                   ------------------   ------------------
<S>                                 <C>        <C>      <C>         <C>
Net sales                           $ 83,566   100.0%   $ 79,737    100.0%
Cost of goods sold                    63,494    76.0      52,917     66.4
Special charges                           -       -        8,947     11.2
                                     -------   -----     -------    -----
  Gross profit                        20,072    24.0      17,873     22.4
Operating expenses                    14,500    17.4      15,672     19.7
Restructuring and other charges           -       -        5,610      6.9
Other nonrecurring charges                -       -          443      0.6
                                     -------   -----     -------    -----
  Operating profit (loss)              5,572     6.6      (3,852)    (4.8)

Interest expense                      (5,664)   (6.8)     (5,091)    (6.4)
Other income                              36     0.1         167      0.2
                                     -------   -----     -------    -----
  Loss before income taxes               (56)   (0.1)     (8,776)   (11.0)

Income tax benefit                        24     0.0       3,363      4.2
                                     -------   -----     -------    -----
Net loss                            $    (32)   (0.1)%  $ (5,413)    (6.8)%
                                     =======   =====     =======    =====

Net loss per share - Basic            ($0.00)             $(0.74)

Net loss per share - Diluted          ($0.00)             $(0.74)

Weighted average common shares
  Outstanding - basic                  7,278               7,272

Weighted average common shares
  Outstanding - diluted                7,278               7,469
</TABLE>
<PAGE>

      Net sales.  Net  sales of $83.6  million in the  third quarter of  2000
 increased $3.9 million,  or 4.8%,  from net sales  of $79.7  million in  the
 third quarter  of  1999. Sales  of  laundry and  servingware  products  were
 especially strong  in  the  quarter. Laundry  products  increased  9.2%  and
 servingware products increased 7.0%.  Sales  increases in these two  product
 lines were driven by both additional placement within existing customers and
 by the addition of new customers.  Offsetting the sales gains were decreases
 in kitchen and juvenile  products. Kitchen and  juvenile product sales  were
 down  due  to  the  elimination  of  several  low  profit  margin  products.
 Together, sales in these two categories were down $0.6 million.


      Gross profit.  Gross profit in  the third quarter of 2000 decreased  to
 $20.1 million  from  $26.8 million,  excluding  the impact  of  the  special
 charges, in the prior  year period. Gross profit  margins declined to  24.0%
 from 33.6%, before the  impact of the  restructuring and other  nonrecurring
 charges, a  year ago.  The decline  in profit  margins is  partially due  to
 increased  cost  of  plastic  resin,  the  Company's  primary  raw  material
 component.  Plastic resin  costs have increased 37%  from the third  quarter
 1999.  The  cost increases in  plastic resin are  attributable to  increased
 demand for  plastic resin  beyond manufacturers'  ability  to supply.    The
 impact of the increased plastic resin cost on gross profit was approximately
 $3.7 million.   In addition, deterioration  in selling prices  significantly
 impacted margins.   The Company sells  a majority of  its volume to  several
 large, mass market retailers.  These customers do not accept price increases
 (to cover increased raw material costs for instance) and in fact continue to
 push for price concessions.  The Company's competitors have been willing  to
 provide further price  reductions thus causing  the Company  to match  their
 prices to retain shelf space.  The result of this competitive environment is
 reduced selling prices despite higher  raw material costs, which  negatively
 impacts margins.   The  Company's  El Paso  facility,  opened in  the  first
 quarter, is not yet up to capacity.  Unabsorbed costs related to the El Paso
 facility in the third quarter of 2000 were $1.1 million.

      Operating expenses.  Operating expenses of  $14.5 million in the  third
 quarter of 2000 were down $1.2 million  as compared to the third quarter  of
 1999.  As a percentage of net sales, operating expenses decreased to  17.4%,
 or 2.3%, during 2000 from 19.7% in 1999. Improvement over the third  quarter
 1999 was  primarily  due  to the  company  consolidation  of  administrative
 functions, which  were  a result  of  the  1999 restructuring  charge.    In
 addition, certain  compensation and  benefit accruals  were reduced  in  the
 current quarter.

      Interest expense.    Interest expense  of  $5.7 million  in  the  third
 quarter of  2000 increased  $0.6  million from  $5.1  million in  the  third
 quarter of 1999.  The increase in  interest expense is the result of  higher
 average debt  levels  than  a year  ago  and  rising interest  rates.    The
 continued  cash  funding  of  costs  related  to  the  third  quarter   1999
 restructuring charges slightly  affected the  company's debt.   On  average,
 debt was $7  million higher in  2000 and interest  rates increased 70  basis
 points.

      Income tax expense.  As a result of the Company's pre-tax loss for  the
 third quarter of  2000, a tax  benefit in the  amount of  $0.02 million  was
 recorded.
<PAGE>

      Net earnings (loss).  The  Company had a net  loss of $0.03 million  in
 the third quarter of 2000, a loss of ($0.00) per diluted common share  based
 on 7.28 million weighted average common shares outstanding. This compares to
 net earnings in the third quarter of 1999 of $3.6 million, before impact  of
 the $15.0 million ($9.0 million net of tax benefit) restructuring charge, or
 $0.48 per  diluted common  share, based  on  7.47 million  weighted  average
 common shares  outstanding.   The primary  contributor  to the  decrease  in
 weighted average common  shares outstanding was  the Company's common  share
 buyback activity during 1999.  Stock options and warrants are not considered
 dilutive in the period  due to the net  loss; furthermore, as the  Company's
 stock price has  fallen below  the lowest option  value, none  of the  stock
 options or warrants are currently dilutive.

 Thirty-nine weeks ended September 23, 2000 compared to the thirty-nine weeks
 ended September 25, 1999

      All references  to  2000  are to  the  thirty-nine  week  period  ended
 September 23, 2000 and  all references to 1999  are to the thirty-nine  week
 period ended  September 25,  1999.   The following  discussion and  analysis
 compares the  actual results  of 2000  to the  actual results  of 1999  with
 reference  to  the  following  (in  thousands,  except  per  share  amounts;
 unaudited):
<TABLE>
                                           Thirty-nine weeks ended
                                   ---------------------------------------
                                   September 23, 2000   September 25, 1999
                                   ------------------   ------------------
<S>                                 <C>        <C>      <C>         <C>

 Net sales                          $222,565   100.0%   $220,103    100.0%
 Cost of goods sold                  164,607    74.0     144,144     65.5
 Special charges                          -       -        8,947      4.1
                                     -------   -----     -------    -----
   Gross profit                       57,958    26.0      67,012     30.4
 Operating expenses                   45,094    20.3      46,981     21.4
 Restructuring and other charges          -       -        5,610      2.4
 Other nonrecurring charges               -       -          443      0.2
                                     -------   -----     -------    -----
   Operating profit                   12,864     5.7      13,978      6.4

 Interest expense                    (16,435)   (7.4)    (15,019)    (6.9)
 Other (expense) income                 (480)   (0.2)        382      0.2
                                     -------   -----     -------    -----
   Loss before income taxes           (4,051)   (1.9)       (659)    (0.3)

 Income tax benefit (expense)          1,698     0.8         (36)     0.0
                                     -------   -----     -------    -----
 Net loss                           $ (2,353)   (1.1)%  $   (695)    (0.3)%
                                     =======   =====     =======    =====

 Net loss per share - basic         $  (0.32)           $  (0.09)

 Net loss per share - diluted       $  (0.32)           $  (0.09)

 Weighted average common
 shares Outstanding - basic            7,274               7,465

 Weighted average common
 shares  Outstanding - diluted         7,274               7,650
</TABLE>
<PAGE>

      Net sales.   Net sales  in 2000 increased  to $222.6  million, or  $2.5
 million, from $220.1 million  in 1999.  Sales  of servingware products  have
 increased by 14.7% over the prior year while laundry products were up  5.0%.
 Strong sales of servingware and laundry products were offset by decreases in
 kitchen and juvenile products.   Sales of  servingware and laundry  products
 were up due to  strong sales to  existing customers and  an increase in  new
 customers sales.  The  decrease in kitchen and  juvenile product line  sales
 were due to the  discontinuance of several low  profit margin products  that
 occurred during the Company's 1999 restructuring.  Sales were also  impacted
 by a major retailer's reduction in inventories.  Sales to this major  retail
 customer were off by more that $4.3 million compared to last year.

      Gross Profit. Gross profit in 2000 declined to $58.0 million from $75.9
 million, before the impact of the special charge, a year ago.  Gross  profit
 margins declined to 26.0%  from 34.5%, excluding the  impact of the  special
 charge, a year ago. The gross profit margin has been negatively impacted  by
 an increase  in  the  cost of  plastic  resin.   Plastic  resin  costs  have
 increased about 40% from 1999, a trend  that began in the second quarter  of
 1999. The impact  of the increased  plastic resin cost  on the gross  profit
 margin was approximately $11.5 million, over 500 basis points.  Gross profit
 margins were also  significantly impacted  by the  deterioration in  selling
 prices and  a  product mix  shift  during  2000.   Customer  and  competitor
 pressures have pushed  down selling prices  even though  raw material  costs
 have increased.  This  is mainly due to  the fact that  the Company sells  a
 majority of  its volume  to  several large  mass  market retailers.    These
 customers are requiring price reductions even though raw material costs have
 increased.   In addition,  the Company's  competitors have  been willing  to
 grant further price concessions causing the Company to match their prices to
 maintain market share.   Gross profit  was also negatively  impacted by  the
 Company's new El  Paso facility.  Unabsorbed costs  related to  the El  Paso
 facility were $2.6 million in 2000.

      Operating expenses. Operating  expenses of $45.1  million in 2000  were
 $1.9 million lower  than the  prior year.   As  a percentage  of net  sales,
 operating expenses decreased in 2000 to 20.3%, or 1.1%, from 21.4% in  1999.
 Savings have been primarily driven by  the third quarter 1999  consolidation
 of operating  functions.   These savings  were  partially offset  by  higher
 distribution and freight costs.

      Interest expense. Interest expense in 2000 increased to $16.4  million,
 or $1.4  million, from  $15.0 million  in 1999.   The  increase in  interest
 expense is  the  result of  higher  average debt  levels  than a  year  ago.
 Increased interest  rates have  impacted interest  costs during  2000.  Debt
 levels were also affected by the continued funding of the cash costs related
 to the third quarter 1999 restructuring charge.

      Income tax expense. As a result of the Company's pre-tax loss for 2000,
 a tax benefit in the amount of $1.7 million was recorded.
<PAGE>

      Net earnings (loss).   The Company had  a net loss  of $2.4 million  in
 2000, a  loss of  ($0.32) per  diluted common  share based  on 7.27  million
 weighted average  common shares.  This compares  to  net earnings  in  1999,
 excluding the impact  of the special,  restructuring and other  nonrecurring
 charges, of $8.3 million,  or $1.09 per diluted  common share based on  7.65
 million weighted  average  common shares  outstanding.   Stock  options  and
 warrants are not  considered dilutive  in the period  due to  the net  loss:
 however, as the  Company's stock price  has fallen below  the lowest  option
 value, none of the stock options or warrants would be dilutive.  The primary
 contributor to the  decrease in weighted  average common shares  outstanding
 was the Company's common share buyback activity during 1999.


 Capital Resources and Liquidity

      Positive cash flow of $3.5 million was generated in the third  quarter.
 This compares to positive cash  flow of $6 million  in the third quarter  of
 last year.   The  decrease between  years is  directly attributable  to  the
 decline in earnings.  Year-to-date, cash and cash equivalents has  decreased
 to $2.8 million as a result of the Company's operating losses.  Cash on hand
 decreased $2.1  million  while debt  increased  by $0.7  million.    Capital
 spending for the thirty-nine weeks was  $11.1 million, primarily related  to
 the build-out of  the new  El Paso  facility and  final funding  of the  new
 computer systems installed in the fourth quarter of 1999.

      Working capital at the  end of the third  quarter was $38.1 million  as
 compared to $33.7  million at the  beginning of the  year.  Working  capital
 increased  due  to  higher   inventories  and  lower  accrued   liabilities.
 Inventories are up due to  seasonal factors and the  opening of the El  Paso
 manufacturing facility.   Accrued liabilities are  down because the  Company
 has funded the accruals  that were established in  connection with the  1999
 restructuring.

      The  Company,  effective  September  22,  2000,  negotiated  a   Second
 Amendment to the Revolving Credit Agreement ("the Revolver") to better  suit
 current business  needs.   The Second  Amendment provides  the Company  with
 financial covenants that the Company believes  should be easier to  achieve,
 but in exchange provides  the Company less flexibility  in other areas.   As
 part of the Second Amendment, among  other limitations, the associated  line
 of credit  was reduced  to $85  million,  certain financial  covenants  were
 adjusted and the  interest rate charged  to the Company  was increased.   In
 general, interest rates under  the Revolver were  increased about 100  basis
 points.  The  interest rate  paid on borrowings  under the  Revolver in  the
 fourth quarter of 2000 will be at approximately LIBOR plus 300 basis points.
 Availability under the Revolver at September 23, 2000 was approximately  $31
 million.   The Company  was in  compliance  with all  loan covenants  as  of
 September 23, 2000.

 The Company believes its  financing facilities together  with its cash  flow
 from operations will  provide sufficient  capital to  fund operations,  make
 required debt and  interest payments and  meet anticipated capital  spending
 needs.
<PAGE>

 Management Outlook and Commentary

 * The HOMZ  brand introduced during 1999  continues to receive good  initial
   acceptance.   The Company will  continue to look  for sales  opportunities
   that leverage the brand's effective point of purchase appearance.
 * Gross profit  margins are expected  to remain at  or below current  levels
   for the  remainder of the year.   Plastic resin prices  are not likely  to
   significantly decline (see discussion below).  In addition selling  prices
   continue  to come  under competitive  pressure.   Certain competitors  are
   holding the  line on selling  prices (and in  some cases reducing  selling
   prices) despite  the significant increase  in raw material  costs.   These
   plus  other  factors discussed  below  will  continue to  provide  a  very
   challenging  business environment.    As a  result  of these  factors,  we
   expect  margins  and  profitability  for  the  remainder  of  2000  to  be
   significantly below prior year results.
 * Fourth quarter  sales are  expected to be  below third  quarter sales  but
   should  be ahead  of prior  year.   Seasonal factors  are responsible  for
   lower  sales in  the fourth  quarter as  compared to  third quarter.    As
   compared to last year, we  expect sales will increase consistent with  our
   improved market share position.
 * The  El Paso  facility  began shipment  of  laundry and  storage  products
   during the second quarter.   With the successful opening of the  facility,
   the  Company  now  has  an   additional  tool  by  which  to  gain   sales
   distribution.   New distribution has  already been  achieved however,  the
   expected  penetration  of  west  coast  customers  has  gone  slower  than
   anticipated.   The  Company  believes that  the  opening of  the  El  Paso
   facility will not only enhance the Company's sales growth.  This  facility
   has new,  highly efficient manufacturing  equipment which  will result  in
   lower production  costs as compared to  the Company's other  manufacturing
   locations.  In  addition,  El Paso  is  currently  a  very favorable labor
   market that can provide needed manpower at a reasonable rate.
 * A major national retailer  has publicly announced its intentions to  close
   certain stores and to cut back inventories.  The impact of these  customer
   plans  cannot be  estimated at  this time  but it  will likely  have  some
   negative impact as early as the fourth quarter of 2000.
 * The Company's primary raw  materials are plastic resin, steel, fabric  and
   corrugated packaging.   Fluctuations in  the cost of  these materials  can
   have  a significant  impact  on reported  results.   Management  does  not
   expect to see a significant change  in the cost of these materials  during
   the fourth quarter.  However the  cost of these items is affected by  many
   variables outside the  control of the company  and changes to the  current
   perceived trends are possible.
 * The Company buys  about 150 million pounds  of resin a year,  representing
   20-25% of  the Company's cost of  goods sold.  During  1999 and so far  in
   2000,  the  cost of  plastic  resin  increased about  $0.10/pound.    This
   occurred after  a several  year period  of declining  plastic resin  costs
   during  which selling  prices also  declined  in response  to  competitive
   pressures.  As  plastic resin costs have  increased, the Company has  been
   unable to fully  pass along this increase to  its customers.  The  ability
   to increase prices is hampered by  both the nature of the retail  customer
   environment and  other competitive factors.   The future  cost of  plastic
   resin  is difficult  to predict.    Plastic resin  costs are  impacted  by
   several factors  outside the control of  the Company including supply  and
   demand characteristics, crude  oil and natural gas  prices as well as  the
   overall  health of  the  economy.   Any  of  these factors  could  have  a
   positive or negative impact on plastic resin costs.
<PAGE>
 * As we have done in the past, management will review its product  offering.
   As a result,  we may decide to exit  certain products that cannot  achieve
   an acceptable cash rate of return  given current raw material costs.   The
   cost to  exit certain  products cannot  presently be  estimated but  would
   likely be significant.
 * The Company operates on a 52/53  week year ending on the Saturday  closest
   to the  end of the  calendar year.   Fiscal year 2000  will be  a 53  week
   year.
 * The  Company  has submitted  an  application  for listing  on  the  NASDAQ
   SmallCap Market.   Once the  application is accepted  the Company will  no
   longer be listed on the NASDAQ Stock Market.


 ITEM 3. Quantitative and Qualitative Disclosures About Market Risk

      Interest Rate Risk.   For the thirty-nine  week period ended  September
 23, 2000, the Company  did not experience any  material changes in  interest
 rate risk  that would  affect the  disclosures  presented in  the  Company's
 Annual Report on Form 10-K for the fifty-two week period ended December  25,
 1999.

      Commodity Risk.  The  Company is subject  to fluctuations in  commodity
 based raw materials such as plastic  resin, steel and griege fabric.   There
 have been no significant changes in the costs of steel and griege fabric  in
 the thirty  nine-week  period  ended September  23,  2000.    As  previously
 mentioned the cost of plastic resin continued to increase in the thirty-nine
 week period ended September 23, 2000.

      As compared  to a  year ago,  the Company's  resin costs,  on  average,
 increased approximately  39.9%.   This  increase negatively  impacted  gross
 margin by  $11.5 million  during the  first  three quarters  of 2000.    The
 Company anticipates that it will consume in excess of 150 million pounds  of
 resin in fiscal 2000.
<PAGE>

 Forward Looking Statements

      This quarterly report on Form 10-Q, including "Management's  Discussion
 and Analysis of Financial Condition  and Results of Operations,  "Management
 Outlook and Commentary" and "Quantitative and Qualitative Disclosures  about
 Market Risk" sections contain forward-looking statements within the  meaning
 of the "safe-harbor" provisions of the Private Securities Litigation  Reform
 Act of 1995.  Such statements are based on management's current expectations
 and are subject to a number  of factors and uncertainties which could  cause
 actual results to  differ materially from  those described  in the  forward-
 looking statements.   Such factors and  uncertainties include,  but are  not
 limited to: (i) the impact of the level of the Company's indebtedness;  (ii)
 restrictive covenants  contained in  the Company's  various debt  documents;
 (iii) general economic conditions and conditions in the retail  environment;
 (iv)  the  Company's  dependence  on  a  few  large  customers;  (v)   price
 fluctuations in  the raw  materials used  by  the Company  (vi)  competitive
 conditions in  the  Company's markets;  (vii)  the seasonal  nature  of  the
 Company's business; (viii) the Company's ability to execute its  acquisition
 strategy; (ix) fluctuations in the stock market; (x) the extent to which the
 Company is able to retain and attract key personnel; (xi) relationships with
 retailers; and (xii) the  impact of federal,  state and local  environmental
 requirements (including the impact of current or future environmental claims
 against the Company).   As  a result,  the Company's  operating results  may
 fluctuate, especially  when measured  on a  quarterly  basis.   The  Company
 undertakes no obligation to republish revised forward-looking statements  to
 reflect events or  circumstances after  the date  hereof or  to reflect  the
 occurrence of unanticipated  events.  Readers  are also  urged to  carefully
 review and  consider  the various  disclosures  made by  the  Company  which
 attempt to  advise  interested  parties of  the  factors  which  affect  the
 Company's business,  in  this report,  as  well as  the  Company's  periodic
 reports on Forms 10-K, 10-Q and  8-K filed with the Securities and  Exchange
 Commission.

                         PART II   Other Information


 ITEM 5. OTHER EVENTS

      Effective September 22, 2000, Home Products International, Inc. ("HPI")
 has negotiated a Second  Amendment to the  Revolving Credit Agreement  ("the
 Revolver") to  better suit  current business  needs.   The Second  Amendment
 includes amended financial  covenants that are  predicated on HPI's  current
 business plan.

      As  part  of  the  Second  Amendment,  among  other  limitations,   the
 associated line  of credit  was reduced  to $85  million, certain  financial
 covenants were  adjusted,  capital  spending limits  were  reduced  and  the
 interest rate charged HPI was increased.

      HPI's $85 million  revolving credit  line is  credit based.   In  other
 words, the Company  can borrow up  to $85 million  to fund daily  operations
 without reference  to  a  borrowing base  determination  or  other  limiting
 factors other than continued compliance with the financial and other general
 covenants.  In the  past, the HPI's borrowings  under the revolving line  of
 credit have ranged from $45 million to $65 million.
<PAGE>

      In general, interest rates under the Revolver were increased about  1%.
 The interest  rate paid  on  borrowings under  the  Revolver in  the  fourth
 quarter of 2000 will be at approximately LIBOR plus 3%.

      Availability under the Revolver at September 23, 2000 was approximately
 $31 million.  HPI was in compliance with all loan covenants as of  September
 23, 2000.

      HPI is a highly leveraged business.  As a consequence, it is  dependent
 upon its Revolver to provide essential liquidity, and borrowings under  that
 facility are dependent  upon HPI's  fulfillment of  the financial  covenants
 that it contains.  Although violations of the financial covenants  contained
 in the Revolver can be waived should HPI at some future time not be able  to
 satisfy those financial  covenants it would  significantly, and  negatively,
 affect HPI's business by, among other things, restricting growth in sales or
 necessitating HPI's obtaining a replacement credit facility.  HPI's  ability
 to obtain a replacement facility would be dependent on the financial markets
 and its financial condition at that time.


 ITEM 6. Exhibits and Reports on Form 8-K
       (a) Exhibits


        Exhibit
         Number        Description
         ------        -----------
          10.1   Exhibit 10.1 - Second Amendment, dated as of
                 September 22, 2000, to the Amended and Restated
                 Credit Agreement, dated as of September 8, 1998,
                 among Home Products International, Inc., the
                 several banks and other financial institutions
                 or entities from time to time parties thereto,
                 and The Chase Manhattan Bank, as administrative
                 agent.

           27    Financial Data Schedule (only filed
                 electronically with S.E.C.)

       (b) Reports on Form 8-K - not applicable.

<PAGE>

 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.



                          Home Products International, Inc.

                          By:  /s/ James E. Winslow
                             ----------------------------------
                                   James E. Winslow
                                   Executive Vice President and
                                   Chief Financial Officer


 Dated:  November 6, 2000