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STANDARD PRODUCTS DECLARES REGULAR DIVIDEND; CONFIRMS ARNDT AS V.P.-FINANCE

 STANDARD PRODUCTS DECLARES REGULAR DIVIDEND;
 CONFIRMS ARNDT AS V.P.-FINANCE
 CLEVELAND, March 23 /PRNewswire/ -- Directors of The Standard Products Co. (NYSE:SPD) today declared a regular dividend of $.12 a share, payable April 24, 1992, to shareholders of record April 10, 1992.
 The company's directors also elected Aubrey E. Arndt as vice president-finance. Arndt, who was appointed acting chief financial officer in February, joined Standard Products in 1990 as director of internal audit and later was named director of planning. Previously, he served as chief financial officer for a West Coast private investment company and as senior director of finance for Sheller Globe Corporation. A certified public accountant, Arndt graduated from Western Michigan University in 1966 with a bachelors degree in business administration.
 Cleveland-based Standard Products manufactures rubber and plastic parts for the automotive original equipment industry, and plastic and magnetic door seals for home appliances. Its Oliver Rubber subsidiary is a major producer and marketer of tread rubber for truck tire retreading.
 -0- 3/23/92
 /CONTACT: Aubrey E. Arndt of The Standard Products Co., 216-281-8300; or William L. Dupuy of Edward Howard & Co., 216-781-2400, for The Standard Products Co./
 (SPD) CO: The Standard Products Co. ST: Ohio IN: AUT SU: DIV


CG -- CL015 -- 0708 03/23/92 15:45 EST
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Publication:PR Newswire
Date:Mar 23, 1992
Words:213
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