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ACME ELECTRIC CORPORATION ENTERS CONTRACT FOR CONSTRUCTION OF NEW ELECTRONICS MANUFACTURING FACILITY

 CUBA, N.Y., July 22 /PRNewswire/ -- Acme Electric Corporation (NYSE: ACE) announced today that it has signed a contract with The L.C. Whitford Company, Inc. of Wellsville, N.Y. to construct a 91,000-square- foot electronic products manufacturing facility in Cuba. The architect of record is Fontanese, Folts, Aubrecht of East Aurora, N.Y.
 Funding for the project includes a $2 million loan from the Federal Economic Development Agency through the Southern Tier West Regional Planning and Development Board, representing one third of the total cost of the project. Allegany County contributed $500,000 of the $2 million total to meet the Economic Development Agency's local participation requirement.
 Acme Chairman and Chief Executive Officer G. Wayne Hawk noted that, "This long-planned project, together with an experienced work force and modern equipment, will give us world-class manufacturing capability."
 Founded in 1917, Acme Electric Corporation is a leader in the design and manufacture of power conversion products for electronic and electrical systems for industrial, commercial, residential, military and aerospace applications. Corporate headquarters are in East Aurora, N.Y. with operations in Cuba, Lumberton, N.C., Tempe, Ariz. and West Jordan, Utah.
 -0- 7/22/93
 /CONTACT: David Anderson of Acme Electric, 716-655-3800/
 (ACE)


CO: Acme Electric Corporation; The L.C. Whitford Company, Inc. ST: New York IN: CPR SU: CON

TS-LG -- NY038 -- 4469 07/22/93 11:02 EDT
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Publication:PR Newswire
Date:Jul 22, 1993
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