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WEAK WORLDWIDE DEMAND TO KEEP DURIRON BELOW FIRST QUARTER PROJECTIONS

 DAYTON, Ohio, March 5 /PRNewswire/ -- Citing persistently weak worldwide demand for the types of process equipment it manufactures, The Duriron Company, Inc. (NASDAQ: DURI) announced today that it expects first quarter 1993 performance to fall below financial analysts' projections.
 William M. Jordan, Duriron's president and chief executive officer, stated that, "While our Valtek and Automax valve automation segments continue to do well, the rest of our business units, particularly in Europe and Canada, are struggling to cope with stubbornly recessionary market conditions. Accordingly, first quarter 1993 performance is expected to be marginally lower than last year's third quarter when sales of $73.9 million yielded earnings (restated for the ongoing effects of SFAS 106) of 29 cents per share. The longer into the year that we face relatively weak demand coupled with highly competitive pricing, the less likely it becomes that we will be able to improve upon our 1992 operating performance," he said.
 Jordan noted, however, the Asia-Pacific region has remained a strong market for Duriron. New super-safe products, high performance butterfly valves and automation technologies from the company's operations are expected to receive favorable customer response as they are introduced during the year. "The exciting potential of our new product offerings along with the strengths and flexibility of our focused factory capabilities offer exciting opportunities for significantly renewed growth when the economy improves," he said.
 The Duriron Company will announce first quarter 1993 results during the annual meeting of shareholders April 23 at the headquarters of its Valtek Incorporated subsidiary in Springville, Utah.
 -0- 3/5/93
 /CONTACT: The Duriron Company, Inc., World Headquarters, 513-476-6150/
 (DURI)


CO: The Duriron Company, Inc. ST: Ohio IN: SU: ERP

BM -- CL016 -- 3618 03/05/93 17:25 EST
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Date:Mar 5, 1993
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