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/FIRST AND FINAL ADD -- CL006 -- RB&W CORP. EARNINGS/

 RB&W CORPORATION
 Consolidated Sales and Earnings Results
 (Unaudited)
 Dollars in Thousands, For the three months ended
 except per share Dec. 31, Dec. 31,
 1992 1991
 Net Sales $46,458 $40,011
 Cost of goods sold 41,807 39,397
 Selling, general and
 administrative expenses 4,158 4,149
 Special charges 10,550(A) 4,500(B)
 Interest expense, net 1,251 755
 Other expense, net 1,357 578
 Loss before income taxes and
 extraordinary item and effect of
 accounting change (12,665) (9,368)
 Provision for income taxes (331) 122
 Loss before extraordinary item (12,334) (9,490)
 Utilization of operating loss
 carryforward (428) ---
 Loss before effect of accounting change (12,762) (9,490)
 Effect of accounting change for
 postretirement benefits --- ---
 Net loss $(12,762) $(9,490)
 Weighted average shares of common stock 5,616,436 5,370,479
 Net loss per common share:
 Loss before extraordinary item
 and effect of accounting change $(2.19) $(1.77)
 Utilization of operating loss
 carryforward (.08) ---
 Effect of accounting change --- ---
 Net loss $(2.27) $(1.77)
 Dollars in Thousands, For the twelve months ended
 except per share Dec. 31, Dec. 31,
 1992 1991
 Net Sales $182,776 $164,249
 Cost of goods sold 160,785 149,713
 Selling, general and
 administrative expenses 16,856 17,774
 Special charges 10,550(A) 5,000(B)
 Interest expense, net 3,840 3,301
 Other expense, net 1,362 432
 Loss before income taxes and
 extraordinary item and effect of
 accounting change (10,617) (11,971)
 Provision for income taxes 468 379
 Loss before extraordinary item (11,085) (12,350)
 Utilization of operating loss
 carryforward --- ---
 Loss before effect of accounting change (11,085) (12,350)
 Effect of accounting change for
 postretirement benefits (3,934) ---
 Net loss $(15,019) $(12,350)
 Weighted average shares of common stock 5,573,167 5,327,681
 Net loss per common share:
 Loss before extraordinary item
 and effect of accounting change $(1.99) $(2.32)
 Utilization of operating loss
 carryforward --- ---
 Effect of accounting change (.70) ---
 Net loss $(2.69) $(2.32)
 (A) -- Manufacturing segment restructuring reserve.
 (B) -- Write-offs and accruals for inventory and tooling $3,275, facility reconfigurations $800, and product liability and environmental matters $925.
 Condensed Consolidated Balance Sheet
 Dollars in Thousands Dec. 31, Dec. 31,
 1992 1991
 ASSETS:
 Current assets $ 62,335 $ 59,466
 Property, plant and equipment, net 15,868 17,919
 Other assets 10,389 9,985
 Total $ 88,592 $ 87,370
 LIABILITIES AND STOCKHOLDERS' EQUITY:
 Current liabilities $ 28,113 $ 16,635
 Long-term debt 32,472 31,733
 Other long-term liabilities 9,972 4,960
 Stockholders' equity 18,035 34,042
 Total $ 88,592 $ 87,370
 -0- 4/12/93 AA CL006
 /PRNewswire -- April 12/
 /END OF FIRST AND FINAL ADD/
 (RBW)


CO: RB&W Corporation ST: Ohio IN: SU: ERN

BM -- CL006A -- 4755 04/12/93 12:05 EDT
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Date:Apr 12, 1993
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