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RAY LAVI APPOINTED CHALCO CHAIRMAN AND CHIEF EXECUTIVE OFFICER

 CHATSWORTH, Calif., Feb. 22 /PRNewswire/ -- Chalco Industries Inc. (NASDAQ: CLCO), dba Dunlap, Abbott, Chalco ("DACC") announced today that Ray Lavi, age 58, has been appointed chairman of the board and chief executive officer of Chalco Industries replacing Bernie Shapiro who resigned to pursue personal interests.
 Lavi is also the president of Lambda Signatics, a company involved in the manufacture of aerospace products. Prior to his association with Lambda Signatics, Lavi spent more than 20 years with Northrop, Ventura division, as a program vice president. Lavi brings to Chalco extensive experience and marketing skills in the aerospace industry.
 Jan Hizpanski will continue as president of Chalco.
 Chalco Industries manufactures, assembles and tests electro- mechanical sub-assemblies and various hydraulic parts used primarily in the aerospace industry.
 -0- 2/22/93
 /CONTACT: John Vinke, VP-finance of Chalco Industries, 818-882-6773; or William F. Coffin of Coffin Communications Group, 818-789-0300, for Chalco Industries/
 (CLCO)


CO: Chalco Industries Inc. ST: California IN: ARO SU: PER

JB-BP -- LA030 -- 9092 02/22/93 17:18 EST
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Publication:PR Newswire
Date:Feb 22, 1993
Words:168
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