Exhibit 99.2



[LOGO OF HOME PRODUCTS INTERNATIONAL]
                                        FOR:  Home Products International, Inc.

                                APPROVED BY:  James R. Tennant, Chairman & CEO
                                              Home Products International, Inc.
                                              (773) 890-1010
FOR IMMEDIATE RELEASE
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                                    CONTACT:  Investor Relations:
                                              James Winslow, Executive VP & CFO
                                              Home Products International, Inc.
                                              (773) 890-1010



                        HOME PRODUCTS INTERNATIONAL, INC.
                    ANNOUNCES AMENDED SENIOR CREDIT AGREEMENT

         Chicago, IL, July 11, 2001 - Home Products International, Inc. (Nasdaq
SmallCap: HPII) ("HPI"), a diversified housewares company, announced today that
it has reached an agreement with its bank group to amend the Company's senior
credit agreement. On July 9th the Company announced the sale of its commercial
servingware business assets for $71.3 million. Proceeds from the sale were used
to pay off the Company's term debt and a portion of its revolving credit
borrowings.

         As a result of the asset sale, the bank group agreed to amend all
financial covenants through the remaining term of the agreement consistent with
internal Company projections. In addition, the revolving line of credit was
reduced from $85 million to $50 million. The agreement, which has a maturity
date of May 2003, will provide sufficient availability for working capital
needs. The credit facility had an outstanding balance of $21 million as of July
9, 2001.

         The Company reiterated that operating results year to date have not
resulted in non-compliance with financial covenants of its credit agreement.
Rather, with the previously announced sale of its commercial servingware
division, the Company was able to amend its financial covenants consistent with
future operating projections.

Home Products International, Inc. is an international consumer products company
specializing in the manufacture and marketing of quality diversified housewares
products. The Company sells its products to all the largest national retailers.

Some of the statements made in this press release are forward-looking and
concern the company's future growth, product development, markets and
competitive position. While management will make its best efforts to be accurate
in making these forward-looking statements, any such statements are subject to
risks and uncertainties that could cause HPI's actual results to vary
materially. The company undertakes no obligation to update any such factors or
to announce the results of any revision to any of the forward-looking statements
contained herein to reflect future events or developments.