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HUTCHINSON TECHNOLOGY COMMON STOCK OFFERED AT $27.75 PER SHARE

 HUTCHINSON TECHNOLOGY COMMON STOCK OFFERED AT $27.75 PER SHARE
 HUTCHINSON, Minn., March 26 /PRNewswire/ -- Hutchinson Technology Incorporated (NASDAQ-NMS: HTCH) today announced a public offering of 1 million shares of its common stock at a price of $27.75 per share. The offering was underwritten by Montgomery Securities and Dain Bosworth Incorporated.
 The company intends to use the net proceeds of the offering for general corporate purposed, primarily expenditures for manufacturing and support equipment, including equipment for further automation.
 Hutchinson Technology is the leading worldwide supplier of suspension assemblies for disk drives and also produces components for other computer peripheral, electronic and technical applications.
 -0- 3/26/92
 /CONTACT: John A. Ingleman, CFO of Hutchinson Technology, 612-587-3797, or Chris Malecek of Mona, Meyer, McGrath & Gavin, 612-832-5000, for Hutchinson Technology/
 (HTCH) CO: Hutchinson Technology Incorporated ST: Minnesota IN: CPR SU: OFR


CK -- NY016 -- 1750 03/26/92 07:00 EST
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Publication:PR Newswire
Date:Mar 26, 1992
Words:149
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