FORM 3	UNITED STATES SECURITIES AND EXCHANGE COMMISSION                                                                                               Washington, D.C.  20549		OMB APPROVAL
		INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES	OMB Number:         3235-0104 Expires:   January 31, 2005 Estimated average burden hours per response. . . . . . .0.5
		Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940

1. Name and Address of Reporting Person                   D. Michael Steele	2. Date of Event       Requiring Statement      (Month/Day/Year)          11/11/2002	4. Issuer Name and Ticker or Trading Symbol   Flanders Corporation  (FLDR)
(First)                      (Middle)                  (Last) 2399 26th Avenue North	3. I.R.S. Identification       Number of Reporting        Person, if an entity        (voluntary)	5) Relationship of Reporting Person(s) to Issuer                        (Check all applicable)  __X__ Director                _____ 10% Owner  _____ Officer                  _____ Other	6. If Amendment, Date of        Original (Month/Day/Year)
(Street)                                St. Petersburg, Florida 33713			7.  Individual or Joint/Group      Filing (Check Applicable Line)      X  Form filed by One Reporting Person      __ Form filed by More than One Reporting Person
(City) (State) (Zip)	Table I  — Non-Derivative Securities Beneficially Owned

1. Title of Security        (Instr. 4)	2. Amount of Securities        Beneficially Owned        (Instr. 4)	3. Ownership        Form:  Direct        (D) or Indirect         (I)  (Instr. 5)	4. Nature of Indirect Beneficial Ownership     (Instr. 5)
Common Stock	4,000	D

FORM 3 (continued)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security         (Instr. 4)	2. Date Exer-        cisable and        Expiration        Date       (Month/Day/        Year)		3. Title and Amount of Securities Underlying         Derivative Security         (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security:  Direct (D) or	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exer-cisable	Expiration Date	Title	Amount or Number of Shares		Indirect (I) (Instr. 5)
Option to Buy	11/11/2002	11/11/2007*	Common Stock	50,000	$1.70	D

Explanation of Responses:

*Expiration date is November 11, 2007, or within ninety (90) days of termination of directorship with Flanders Corporation, whichever occurs sooner.

SIGNATURE OF REPORTING PERSON

        /s/ D. Michael Steele

___________________________

Date:  1/16/2003