UNITED STATES
               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


August 23, 1999
(Date of earliest event reported)

Commission file number:  0-20704

                     ACX TECHNOLOGIES, INC.
     (Exact name of registrant as specified in its charter)

           Colorado                          84-1208699
 (State or other jurisdiction             (I.R.S. Employer
of incorporation or organization)        Identification No.)

  16000 Table Mountain Parkway, Golden, Colorado    80403
     (Address of principal executive offices)     (Zip Code)

                         (303) 271-7000
      (Registrant's telephone number, including area code)







Item 5.  Other Items



On  August 23, 1999,  ACX Technologies, Inc. issued the following
press release.


                                         Contact:  Holly Coors
                                                   (303) 271-7005


   ACX TECHNOLOGIES ANNOUNCES SALE OF GOLDEN ALUMINUM COMPANY


      Golden, Colorado -August 23, 1999 - ACX Technologies,  Inc.
(NYSE:ACX) today announced that it has signed a letter of  intent
with Alcoa Inc. (NYSE:AA) to sell its Golden Aluminum Company for
approximately  $41  million  cash.  ACX  anticipates  a  non-cash
charge   of  approximately  $10  million  in  the  third  quarter
associated with this transaction.

     The transaction is subject to regulatory approvals and other
conditions and is expected to close before the end of 1999.

      ACX Technologies, Inc., through its two primary businesses,
applies   innovative   technology  to   manufacture   value-added
industrial  products.  Coors Ceramics Company  provides  enabling
technology   through  advanced  technical  ceramics   and   other
engineered  materials.   Graphic  Packaging  Corporation   is   a
specialty  packaging manufacturer that produces high  performance
folding  cartons.  Pending a favorable ruling from the  IRS,  ACX
Technologies  is planning to spin-off Coors Ceramics  Company  by
the end of 1999.











                            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.


                                        ACX TECHNOLOGIES, INC.

September 7, 1999                       By:/s/ Beth A. Parish
                                        -------------------------
                                        Beth A. Parish
                                        (Controller and Principal
                                        Accounting Officer)