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PENTAIR SUBSIDIARY PURCHASES HEIN-WERNER AUTOMOTIVE SERVICE EQUIPMENT DIVISION

PENTAIR SUBSIDIARY PURCHASES HEIN-WERNER AUTOMOTIVE SERVICE EQUIPMENT
    DIVISION
    ST. PAUL, Minn., June 15 /PRNewswire/ -- Pentair, Inc. (NASDAQ-NMS: PNTA), the St. Paul-based manufacturer of industrial products and paper, today announced one of its subsidiaries will purchase selected assets and business of the automotive service equipment division of Hein-Werner Corporation (AMEX: HNW), Waukesha, Wis.  The transaction will include Hein-Werner's automotive lifting, battery service and welding product lines, as well as its manufacturing facility located in Nogales, Mexico.
    "The Hein-Werner division's product lines are an excellent fit with Pentair's Lincoln Automotive subsidiary and are expected to accelerate its profitable growth," said Winslow H. Buxton, Pentair president and chief operating officer.  "In addition to this subsidiary development, Pentair continues its search for a major new business consistent with our acquisition strategy."
    Lincoln Automotive manufactures and markets automotive service equipment.  Headquartered in St. Louis, the company operates a manufacturing plant in Jonesboro, Ark., and a sales office and distribution facility in Mississauga, Ontario.
    "This acquisition demonstrates our commitment to the U.S. automotive aftermarket and vehicle maintenance markets worldwide," said Barry Wetzel, Lincoln Automotive president.  "It will provide opportunities for Lincoln to better serve our excellent existing customer base, as well as expand our product offerings."
    Pentair, Inc., is a St. Paul based company comprised of ten businesses which manufacture woodworking equipment, electric power tools, sporting ammunition, electrical enclosures, automotive service equipment, industrial lubrication systems, material dispensing equipment, pumps and paper.
    -0-             06/15/92
    CONTACT:  Mark Cain of Pentair, 612-636-7920
    (PNTA HNW) CO:  PENTAIR, INC.; HEIN-WERNER CORPORATION IN:  AUT ST:  MN,MO,WI -- NY009 -- X357  06/15/92
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Publication:PR Newswire
Date:Jun 15, 1992
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