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NEWCOR RECEIVES MAJOR ORDER

 BLOOMFIELD HILLS, Mich., Jan. 8 /PRNewswire/ -- Richard A. Smith, Newcor, Inc. (NASDAQ-NMS: NEWC) president and chief executive officer, announced today that its Wilson Automation Division, located in Warren, Mich., has received an order from Chrysler Corporation (NYSE: C) to design and build an engine assembly system. The system will be installed in Chrysler's Saltillo, Mexico, engine plant for assembly of the new 2.0 and 2.4 liter engines. Depending on the system's final configuration, the contract will have a production value between $8 million and $11 million.
 Newcor, Inc., headquartered in Bloomfield Hills, designs and manufactures custom machines and manufacturing systems as well as special precision-machined parts and molded rubber and plastic products. Newcor is listed on the NASDAQ under the symbol NEWC.
 -0- 1/8/93
 /CONTACT: Marjorie H. Edwards of Newcor, 313-253-2400/
 (NEWC C)


CO: Newcor, Inc.; Chrysler Corporation ST: Michigan IN: MAC AUT SU: CON

DH -- DE005 -- 2951 01/08/93 09:23 EST
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Publication:PR Newswire
Date:Jan 8, 1993
Words:158
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