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ATCHISON CASTING OFFERS COMMON STOCK TO PUBLIC

 ATCHISON, Kan., Oct. 4 /PRNewswire/ -- Atchison Casting Corp., a leading producer of large, complex steel castings, announced the initial public offering of 2,150,000 shares of its common stock at $12 per share. The common stock is quoted on the National Association of Securities Dealers Automated Quotation National Market System under the symbol "ACCX."
 Prudential Securities Inc. and George K. Baum & Co. acted as managing underwriters of the offering. The underwriters have been granted over-allotment options to purchase up to 322,500 additional shares from certain selling stockholders.
 Net proceeds of the offering will be used to repay substantially all of the company's existing indebtedness and to increase working capital and for other general corporate purposes.
 Atchison Casting is a leading producer of large, complex steel castings, which range in size up to 40 tons. The company's castings are sold to customers in the locomotive, Mass transit, mining and construction equipment, military, turbine, compressor, valve and pump industries.
 -0- 10/4/93
 /CONTACT: Hugh H. Aiken of Atchison Casting, 913-367-2121/


CO: Atchison Casting Corp. ST: Kansas IN: SU: OFR

BB -- DV003 -- 8328 10/04/93 11:40 EDT
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Publication:PR Newswire
Date:Oct 4, 1993
Words:189
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