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FARR CO. ANNOUNCES CHARGE OF $1.5 MILLION TO COVER COSTS

 EL SEGUNDO, Calif., Feb. 8 /PRNewswire/ -- Farr Co. (NASDAQ: FARC) announced today that it will take a charge of $1.5 million in the fourth quarter 1992 to cover the costs associated with closing two U.S. manufacturing plants located in Pryor, Okla. and Eatonton, Ga. Actions to implement these changes will begin in first quarter 1993 with completion expected in second quarter 1993.
 Charles Wofford, chairman and president, said: "These actions are part of our ongoing restructuring program directed at consolidating our U.S. manufacturing operations, aligning costs with anticipated sales and increasing asset utilization, production efficiency and profitability."
 Farr Co. is a leading producer of filters for particulate, liquid and gaseous filtration systems. The company has 10 manufacturing facilities in the United States as well as plants in Canada and England.
 -0- 2/8/93
 /CONTACT: Charles Wofford, chairman and president of Farr Co., 310-536-6300/
 (FARC)


CO: Farr Co. ST: California IN: SU:

LS-KJ -- LA004 -- 4064 02/08/93 11:30 EST
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Publication:PR Newswire
Date:Feb 8, 1993
Words:164
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