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GRUMMAN TO EXIT FIRE TRUCK BUILDING BUSINESS

 GRUMMAN TO EXIT FIRE TRUCK BUILDING BUSINESS
 BETHPAGE, N.Y., Nov. 26 /PRNewswire/ -- Grumman Corporation


(NYSE: GQ) announced today that it is exiting the fire truck manufacturing business and will close its Emergency Products plant in Roanoke, Va. The unit employs 270 people.
 Grumman Emergency Products has been for sale for more than a year, and the corporation could no longer sustain the unit's continued losses.
 Operations will be phased out over the next six to seven months as current orders are completed. During this time, Grumman will continue to consider offers for purchase of the unit.
 Upon termination, all full-time employees will receive a compensation package including severance pay. They will also receive job counseling and placement assistance.
 Grumman Emergency Products leases 112,000 square feet in three buildings at Roanoke. The leases will expire at the end of 1992. Equipment and other assets from these facilities will be offered for sale when the backlog is completed. The company also owns an unoccupied 46,000-square-foot building in nearby Vinton, Va., that is already up for sale.
 Grumman entered the fire-fighting equipment manufacturing business in 1976. The company also refurbishes all makes of fire apparatus and supplies spare parts for all Grumman fire trucks.
 Grumman Corporation, headquartered at Bethpage, is best known as a builder of military aircraft and aerospace systems. Other businesses include integrated information processing systems, and aerospace technical services for U.S. and foreign governments and industry. The company is also the world's largest maker of aluminum truck bodies. Grumman employs over 23,000 worldwide. Sales in 1990 were $4 billion.
 -0- 11/26/91
 /CONTACT: Robert Harwood of Grumman, 516-575-5287/
 (GQ) CO: Grumman Corporation ST: New York, Virginia IN: AUT SU:


GK -- NY064 -- 7400 11/26/91 14:39 EST
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Publication:PR Newswire
Date:Nov 26, 1991
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