AWX Avalon Holdngs Corp

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

CURRENT REPORT

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

Date of Report (Date of earliest event reported) August, 4, 2014 (August 1, 2014)

AVALON HOLDINGS CORPORATION

(Exact Name of Registrant as Specified in its Charter)

One American Way, Warren, Ohio 44484

(Address of Principal Executive Offices) (Zip Code)

Registrant's telephone number, including area code: (330) 856-8800

(Former name and address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[  ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[  ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[  ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[  ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e4(c))

ITEM 8.01 Other Events

On August 1, 2014, Avalon Holdings Corporation (“Avalon”), through a wholly owned subsidiary, completed the acquisition of The Magnuson Grand Hotel (formerly The Avalon Inn) in Howland, Ohio for $3.1 million in cash and the assumption of certain leases. The transaction also includes the purchase of the adjoining tennis center. The Magnuson Grand Hotel is located adjacent to Avalon’s corporate headquarters and its Avalon Lakes Golf Course.

A copy of the press release is attached as Exhibit 99.1

ITEM 9.01 Financial Statements and Exhibits

(d) Exhibits

99.1 Press release dated August 1, 2014

SIGNATURES

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 hereunto duly authorized.

DATED:     August 1, 2014

Exhibit 99.1

FOR IMMEDIATE RELEASE

AVALON HOLDINGS CORPORATION ACQUIRES THE MAGNUSON GRAND HOTEL, FORMERLY THE AVALON INN

WARREN, Ohio (August 1, 2014) – Avalon Holdings Corporation (NYSE Amex:AWX). Ronald E. Klingle, Chairman and CEO of Avalon Holdings Corporation (Avalon) announced today that a wholly owned subsidiary of Avalon has completed the purchase of all of the assets of The Magnuson Grand Hotel in Howland, Ohio. The Magnuson Grand was formally known as the Avalon Inn. This transaction also included the purchase of the adjoining tennis center.

In the near future the hotel will be renamed The Avalon Resort and Spa.

A multi-million dollar renovation and expansion to the existing facility is being designed by Phillips/Sekanick Architects and will include a complete renovation of the existing facility, a new indoor junior Olympic sized swimming pool and a new outdoor resort style pool and hot tub, a 12,000 square foot addition which will provide for new restaurants, bars, a full service spa and salon, extensive conference facilities and a complete fitness center. The improvements are expected to be completed within the next 12 months.

Avalon will also integrate these new resort facilities in with The Avalon Golf and Country Club operations. Avalon’s 4000 club members will have complete access to the resort’s facilities as part of their existing club membership plan, while guests staying at the hotel will in turn have access to the facilities located at each of the club’s three locations. A limousine shuttle will transport club members and hotel guest between the four locations on a continuous basis.

Once completed, Avalon believes that the combination of the resort/spa and country club operations will create a resort complex and country club experience unparalleled in the United States.

The resort will be marketed as an all-season facility that will include: a 144 room hotel; 3 championship golf courses with one of the finest indoor golf simulation and teaching facilities in the United States; 4 outdoor Har-Tru clay tennis courts and 7 indoor US Open Deco-turf playing surface tennis courts and a racket ball court; 3 resort style swimming pools with cabanas and an indoor junior Olympic sized pool; 2 full service salon and spas; 2 complete fitness centers along with outdoor jogging and cycling at the Buhl Park facility; 4 major banquet rooms along with state of the art conference centers and numerous meeting and hospitality rooms; 9 restaurants; 3 wine cellars with one of the most extensive wine list anywhere; cigar shops; and regular live entertainment.

With the lodging and the indoor/outdoor: golf; tennis; swimming; dining and fitness facilities, The Avalon Resort and Spa will become the year round favorite resort destination and conference center for people and businesses located in the northeast and mid-western states.

Avalon Holdings Corporation provides waste management services to industrial, commercial, municipal and governmental customers in selected northeastern and midwestern U.S. markets. Avalon Holdings Corporation also owns the Avalon Golf and Country Club, which operates golf courses and related facilities.

-end-

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