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                                                                    EXHIBIT 99.2


EVI COMPLETES WEATHERFORD MERGER


May 27, 1998, Houston, Texas - EVI, Inc. (NYSE-EVI) today announced the
completion of its previously announced merger with Weatherford Enterra, Inc. The
combined company has changed its name to EVI Weatherford, Inc. and will continue
to trade on the New York Stock Exchange under the symbol "EVI".

Under the terms of the merger agreement, Weatherford stockholders will received
0.95 of a newly issued share of EVI common stock for each Weatherford common
share. The transaction, which is being accounted for as a pooling of interests,
will result in an estimated one time after-tax charge of approximately $60
million, or $0.60 per diluted share, in the second quarter for the merger
related expenses.

EVI Weatherford is an international provider of engineered products and
specialized services to the drilling, completion and production sectors of the
oil and gas industry.


Contact:

James G. Kiley
Senior Vice President and
Chief Financial Officer
(713) 297-8400