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BF GOODRICH TO RETAIN CALVERT CITY, KY FACILITIES

 AKRON, Ohio, April 12 /PRNewswire/ -- The BFGoodrich Company (NYSE: GR) announced today that in connection with the initial public offering of the shares of its wholly owned subsidiary,. The Geon Company, BFGoodrich has decided that it will operate the ethylene, chlor-alkali and plant utilities assets at Calvert City, Kentucky and retain their economic benefits. It is expected that the Geon Company will file an amendment to its registration statement later this week reflecting this structure.
 The BFGoodrich Company, headquartered in Bath, Ohio, is one of the world's leading providers of aircraft systems, components and services and manufactures a wide range of specialty chemicals. Virtually every airplane flying in the world today can be equipped or serviced by BFGoodrich Aerospace. BFG specialty chemicals are used in such products as pharmaceuticals, cosmetics, personal-care items, printing and textile inks, sealants, fire sprinkler piping systems, adhesives and specialty coatings for building maintenance and construction. Sales from BFG's aircraft services, components and services and specialty chemicals businesses during 1992 were $1.6 billion. BFGoodrich employs about 10,700.
 The Geon Company is a leading North American producer of polyvinyl chlorine (PVC) resins and compounds that are sold to customers for a variety of applications, including construction products, business machine components and appliance parts. Headquartered in Independence, Ohio, Geon operates 13 manufacturing facilities in the United States, Canada and Australia.
 Note: A registration statement relating to these securities has been filed with the Securities and Exchange Commission. The registration statement has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
 -0- 4/12/93
 /CONTACT: Denise Bowler (media), 216-374-2633 or Bob McMillan (investor), 216-374-3462, both of The BFGoodrich Company/
 (GR)


CO: The BFGoodrich Company ST: Ohio IN: CHM ARO SU:

LC -- CL010 -- 4935 04/12/93 17:26 EDT
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Publication:PR Newswire
Date:Apr 12, 1993
Words:363
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