SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                           --------------------------

                                    FORM 8-K

                                 CURRENT REPORT

     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

                          DATE OF REPORT: April 16, 2002

                                JORE CORPORATION

                000-26889                         81-0465233
        (Commission File Number)        (IRS Employer Identification No.)

                             A Montana Corporation

                    45000 Highway 93 South, Ronan, MT 59864

                                  406/528-4397



Item 5.  Other Events

Press Release  -------------------------- Ronan, Montana - April 16, 2002 - Jore
Corporation  announced  today  that the sale of the  company  was  concluded  in
Federal Bankruptcy Court in Missoula, Montana.

              JORE CORPORATION ANNOUNCES SALE OF THE COMPANY

The company was sold to Western Mortgage Company of Pasco,  Washington for $32.0
million. Closing is expected to take place on Friday, April 19, or Monday, April
22, in Seattle.

Additional details will be announced after the closing is concluded.

CONTACTS:

        Gerald J. McConnell                     Barbara York
        President/CEO                           Human Resources Manager
        406-528-4480                            406-528-4213


                                   SIGNATURE

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 thereunto duly authorized. JORE CORPORATION


        April 16, 2002                       By:  /s/ Kelly Grove
                                             Kelly Grove
                                             Controller

About Jore Corporation

Jore  Corporation is a leader in the design and manufacture of innovative  power
tool  accessories  and  hand  tools  for  the  do-it-yourself  and  professional
craftsman  markets.  Jore sells its products  under the licensed  Stanley brand,
Ryobi and Porter Cable  brands as well as under  various  private  labels of the
industry's largest retailers and power tool  manufactures,  including Sears, The
Home Depot, Lowe's, Canadian Tire, Makita and more.