Confidential portions of this document have been omitted and filed separately
with the Commission.

                                 EASCO ALUMINUM
                                  DOLTON WORKS
                           14200 COTTAGE GROVE AVENUE
                             DOLTON, ILLINOIS 60419

                     FIXED-PRICE PURCHASE AND SALE AGREEMENT

This Agreement  ("Agreement")  dated October 15, 1997 is between EASCO ALUMINUM,
DOLTON WORKS. ("SELLER") Featherlite Manufacturing, Inc. ("BUYER").

SELLER  desires to sell  certain  goods to BUYER and BUYER  desires to  purchase
certain goods from SELLER.

NOW,  THEREFORE,  in  consideration  of these premises and the following  mutual
agreements, the parties agree as follows:

1. SELLER will sell to BUYER, and BUYER will purchase from SELLER,  the aluminum
extrusions identified on Schedule A attached hereto ("Product"),  subject to the
terms  contained in this  Agreement  and the attached  Schedule A. The quantity,
delivery dates, terms, and prices, for Product are also set forth on Schedule A.

2. This  Agreement  shall have a term from the date hereof to December 31, 1998.
This Agreement may not be canceled by either party prior to the termination date
without the prior written consent of the other.  BUYER  acknowledges that SELLER
intends to rely on this Agreement in fixing the prices and delivery dates of its
raw material  purchases  necessary to fulfill this Agreement and as such,  BUYER
agrees to pay for the  quantity  specified  on  Schedule  A whether or not BUYER
places  specific  orders  with  SELLER as  specified  in Item 3 below.  If BUYER
cancels this agreement,  or otherwise  refuses  shipments  hereunder,  seller is
entitled to recover any loss sustained  from  liquidating a metal position taken
by the seller on behalf of BUYER.

3. BUYER  agrees to place  specific  firm  orders with SELLER for the Product at
least  twenty-eight  (28) days prior to the requested  shipment date which shall
specify the number of pounds/ feet/pieces of specific aluminum extrusion shapes.
SELLER  will  attempt  to  respond  to  BUYER's  order  requests  with less than
twenty-eight  (28) days lead time,  but shall be under no  obligation  to do so.
SELLER is required to  manufacture  and ship only  product for which  SELLER has
timely received specific firm orders.



<PAGE>


4. SELLER's  obligations  hereunder are subject to SELLER's credit approval with
respect to each shipment and to the  availability  of financial  information  on
BUYER which,  in the SELLER's  opinion,  is adequate to demonstrate  the BUYER's
financial  condition,  ability to pay for  shipments in  accordance  with agreed
terms of payment,  and  ability to support the volume of credit  extended by the
SELLER

Payment  terms for the Product  shall be as set forth in  Schedule  A.  SELLER's
obligation to continue shipments of Product is conditioned upon BUYER satisfying
its  payment  obligations  under  this  Item 4 in full  within  the time  period
specified.

5. Either party's  failure,  at any time or times  hereafter,  to require strict
performance  by the other party of any  provision  of this  Agreement  shall not
constitute a waiver, or affect or diminish the right thereafter to demand strict
compliance and performance of this Agreement.

6. This Agreement  (including  Schedule A) shall constitute the entire agreement
between the parties  with  respect to the  subject  matter  hereof and shall not
apply to any  purchases  by BUYER  in  excess  of the  quantities  set  forth in
Schedule A. The terms of any such excess  purchases will be governed by separate
agreement of the parties.  Except as specified in this  Agreement,  the terms of
sale and rights of the parties with  respect to any  specific  order shall be as
set forth in SELLER's order acknowledgment as provided from time to time.

By:    Gary Ihrke                                 By: Drago H. Kahanu
Titlc: Vice President                             Title VP Sales and Marketing
       Corporate Production

Signature: /S/ Gary Ihrke                         Signature: __________________
     FEATHERLITE MFG, INC.                        EASCO ALUMINUM, DOLTON WORKS
           (BUYER)                                         (SELLER)


Dated:10/15/97                                    Dated:_____________________


                                        2






<PAGE>
                                                                      EXHIBIT A

                                                     EASCO CORPORATION
                                                     Dolton Works
                                                     14200 Cottage Grove Avenue
                                                     Dolton, IL 60419
                                                     Phone: 708-841-8613
                                                     Fax: 708-841-8675

                                   SCHEDULE A
                     FIXED-PRICE PURCHASE AND SALE AGREEMENT

MATERIAL DESCRIPTION:

This agreement covers standard extrusions  currently being supplied or quoted to
Featherlite  Manufacturing,  Inc. ("Buyer") by Easco  Corporation-Dolton  Works,
("Seller") with specific  pounds/pieces/feet by specific shape to be supplied by
the Buyer.

DELIVERY
PERIOD:     January 1, 1998 through December 31, 1998.

OUANTlTY:   ******* pounds per calendar month for a total of
            ********* pounds.

PRICE:      $***** per pound of aluminum extrusion plus an additional
            $**** per pound for hollows.

The  pricing  in this  proposal  is  subject  to  Easco's  ability  to hedge the
transaction.  Easco will  provide  confirmation  of the hedge  immediately  upon
execution.

Packaging:  Standard - Bare Bundle.

Tolerance:  Aluminum Association standards to apply.

FOB:        Cresco, Iowa

PAYMENT TERMS:  Payment in full within thirty (30) days from date of invoice.

TOTAL DOLLAR VALUE OF CONTRACT:    Approximately:

FEATHERLITE MFG, INC. (BUYER)                      EASCO CORPORATION ("SELLER")

BY: Gary Ihrke                                     BY: Drago H. Kahanu
TITLE: Vice President Corporate Production         TITLE: Vice President Sales
                                                           & Marketing

SIGNATURE: /S/ Gary Ihrke                          SIGNATURE: _________________
DATED:   10/16/97                                  DATED: _____________________