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KYSOR INDUSTRIAL RESPONDS TO FLUCTUATION IN COMMON STOCK PRICE

 CADILLAC, Mich., Feb. 2 /PRNewswire/ -- George R. Kempton, chairman of the board and chief executive officer of Kysor Industrial Corporation (NYSE: KZ), responding to questions relating to the fluctuation in Kysor Industrial Corporation's common stock price, indicated that the company is not aware of any corporate developments or material events influencing Monday's (Feb. 1) decline in the stock price. Current backlogs remain strong, the national economy appears to be improving and Kysor believes the earnings potential of the company is excellent. The fundamentals of Kysor's long-term business developments remain on track and the company continues to be optimistic about the future, Kempton said.
 Financial results for the year and quarter ended Dec. 31, 1992, will be announced upon the completion of the year-end audit in late February, followed by the annual report to shareholders which will be mailed in mid-March 1993.
 Kysor Industrial Corporation is a quality producer of refrigeration systems for the supermarket industry and heavy-duty vehicle and marine components serving the transportation industries. The company has manufacturing operations in six states as well as Great Britain and Germany.
 -0- 2/2/93
 /CONTACT: Peter W. Gravelle, executive vice president and chief operating officer, or Richard G. De Boer, assistant treasurer, Kysor Industrial Corporation, 616-779-2200/
 (KZ)


CO: Kysor Industrial Corporation ST: Michigan IN: SU:

SB -- DE013 -- 1887 02/02/93 12:27 EST
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Publication:PR Newswire
Date:Feb 2, 1993
Words:224
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