Exhibit 10.2



ALUMAX                                      2700 International Drive
EXTRUSIONS INC.                             Suite 200
                                            West Chicago, IL 60185
August 1, 1996                              708/584-1000
Via Facsimile (319) 547-6099                FAX 708/584-1243


Mr. Conrad D. Clement, President
Featherlite Manufacturing, Inc.
Box 320
Cresco, IA 52136


Dear Mr. Clement:

This will confirm that Alumax Transportation Products agrees to supply 1,980,000
pounds of aluminum  extrusions for shipment from 1-97 - 12/97 on contract number
ATP0022. Pricing during this time frame will be firm at 1.135 per pound.

Based  upon  your  commitment,  Alumax  Transportation  Products  has  taken the
necessary  actions to provide a firm price for the  duration of this  agreement.
Therefore,  it is expected  that  shipments of finished  product will occur in a
timely manner,  which in this case equates to approximately  165,000 pounds on a
monthly basis.

In the event you are unable to fulfill the volume  commitment in the agreed upon
period of time, you will be invoiced for the unused portion of the contract. You
may choose at that time to re-hedge the contract.

We believe that this covers the essence of our agreement.  We would request that
you  acknowledge  receipt and forward a signed  copy of this  agreement  for our
files.

We appreciate your confidence in Alumax Transportation Products and look forward
to the successful completion of this contract.

Best Regards,                                   ACCEPTED:

/S/ JOSEPH M. VALVO                             /S/ GARY IHRKE
Joseph M. Valvo                                 Vice President of Operations
Inside Sales Manager                            Featherlite Mfg., Inc.

cc:      J. Brunick
         M.S. Czachorski
         T. Horonzy
         B. Kasten
         S. Kavanaugh
         Ted Smothers


<PAGE>


ALUMAX                                    2700 International Drive
EXTRUSIONS INC.                           Suite 200
                                          West Chicago, IL 60185
August 1, 1996                            708/584-1000
Via Facsimile (319) 547-6099              FAX 708/584-1243


Mr. Conrad D. Clement, President
Featherlite Manufacturing, Inc.
Box 320
Cresco, IA 52136


Dear Mr. Clement:

This will confirm that Alumax Transportation Products agrees to supply 1,500,000
pounds of aluminum  extrusions for shipment from 8-96 - 12-96 on contract number
ATP0021. Pricing during this time frame will be firm at 1.095 per pound.

Based  upon  your  commitment,  Alumax  Transportation  Products  has  taken the
necessary  actions to provide a firm price for the  duration of this  agreement.
Therefore,  it is expected  that  shipments of finished  product will occur in a
timely manner,  which in this case equates to approximately  300,000 pounds on a
monthly basis.

In the event you are unable to fulfill the volume  commitment in the agreed upon
period of time, you will be invoiced for the unused portion of the contract. You
may choose at that time to re-hedge the contract.

We believe this covers the essence of our  agreement.  We would request that you
acknowledge receipt and forward a signed copy of this agreement for our files.

We appreciate your confidence in Alumax Transportation Products and look forward
to the successful completion of this contract.

Best Regards,                                     ACCEPTED:

/S/ JOSEPH M. VALVO                               /S/ GARY IHRKE
Joseph M. Valvo                                   Vice President of Operations
Inside Sales Manager                              Featherlite Mfg., Inc.

cc:      J. Brunick
         M.S. Czachorski
         T. Horonzy
         B. Kasten
         S. Kavanaugh
         Ted Smothers


<PAGE>


ALUMAX                                         2700 International Drive
EXTRUSIONS INC.                                Suite 200
                                               West Chicago, IL 60185
Via Facsimile 319/547-6099                     708/584-1000
                                               FAX 708/584-1243
August 6, 1996



Mr. Gary Ihrke
Featherlite Manufacturing, Inc.
Box 320
Cresco, IA 52136

Dear Mr. Ihrke:

This will serve as an addendum to our contract number ATP0022.

Shipments over and above the 165,000 pounds per month that has a locked price of
$1.135  per  pound  will be  billed  on a  formula  basis.  That  price  will be
established  using the prior month's  Metals Week average  monthly  "transaction
price" plus .370 cents per pound (i.e., the average monthly  "transaction price"
for the month of  February  plus .370 per pound  equals  the base  price for the
month of March, the average monthly  "transaction  price" for the month of March
plus .370 cents equals the base price for the month of April, etc.).

We believe that this covers the essence of our agreement.  We would request that
you  acknowledge  receipt and forward a signed  copy of this  agreement  for our
files.

We appreciate your confidence in Alumax Transportation Products and look forward
to the successful completion of the contract.


Best Regards,                                  ACCEPTED:

/S/ JOSEPH M. VALVO                            /S/ GARY IHRKE
Joseph M. Valvo                                Vice President of Operations
Inside Sales Manager                           Featherlite Mfg., Inc.

cc:      J. Brunick
         M.S. Czachorski
         T. Horonzy
         B. Kasten
         S. Kavanaugh
         Ted Smothers