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CADE INDUSTRIES, INC. RECEIVES TWO NEWS SALES CONTRACTS VALUED AT $1.4 MILLION

 LANSING, Mich., June 30 /PRNewswire/ -- Cade Industries, Inc. President Richard A. Lund announced today that its Auto-Air subsidiary has received additional orders for aircraft engine test nacelles totaling $1.4 million.
 General Electric Aircraft Engine, Lynn, Mass., placed an order for test cell equipment for the CF34 engine which is used on the Canadair Regional Jet. Delivery is scheduled for the fourth quarter of 1993.
 Lufthansa German Airlines of Hamburg, Germany, placed an order for test cell equipment for CFM56-5C engine which is used on the company's Airbus Industries A340 aircraft. Delivery is scheduled for the first quarter of 1994.
 Lund commented that "these two contracts signify continuing stability for the company's engine test equipment. In the past three months, Cade has received orders in excess of $4.0 million in that particular sector of our business."
 Cade Industries (NASDAQ-NMS: CADE) plays a major worldwide role in design, development, and manufacture of high-technology composite components for the aerospace and air transport industries.
 -0- 6/30/93
 /CONTACT: F.W. Bennetts or E.B. Stephens of Cade Industries, Inc., 517-394-1333/
 (CADE)


CO: Cade Industries, Inc. ST: Michigan IN: ARO SU: CON

DD -- DE015 -- 7238 06/30/93 14:35 EDT
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Publication:PR Newswire
Date:Jun 30, 1993
Words:199
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