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HANSON ANNOUNCES CHIEF EXECUTIVE CHANGE AT GROVE WORLDWIDE

 HANSON ANNOUNCES CHIEF EXECUTIVE CHANGE AT GROVE WORLDWIDE
 NEW YORK, April 1 /PRNewswire/ -- Hanson Industries, the U.S. arm of


Hanson PLC (NYSE: HAN), announced today that John Panettiere will resign his position as chairman, president and chief executive officer of Grove Worldwide, effective May 1, 1992. He has accepted the position of president and chief operating officer of Blount Inc.
 Robert C. Stift, group vice president of Hanson Industries, will assume Panettiere's responsibilities and become acting chairman and chief executive of Grove Worldwide, upon his departure.
 Lord White, chairman of Hanson Industries, stated, "We wish John Panettiere all the best in his new position. He is a talented manager, who helped build Grove into a highly profitable company and the unrivaled leader in its industry. Robert Stift, who is one of our most experienced senior executives and who had been responsible for Grove's business, is well prepared to keep Grove's momentum going."
 Grove Worldwide is the world leader in hydraulic cranes. It produces cranes and manlifts for construction and other industries. Headquartered in Shady Grove, Pa., it has operations in the United States and the United Kingdom, and sales offices throughout the world.
 Hanson PLC is a British-American industrial management corporation. Hanson's North American operations had revenues of $7.1 billion in 1991 with operating profit of $1.0 billion. Its operations include SCM Chemicals, Peabody Coal, Powder River Coal, Cavenham Forest Industries, Beazer USA, Jacuzzi, Grove Crane, Ames Tools, Endicott Johnson Footwear, Hanson Lighting Group, Kaiser Cement, Weber Aircraft, Farberware Cookware, Tommy Armour golf equipment and Gold Fields Mining, among others.
 In the United Kingdom, Hanson companies include Imperial Tobacco, Ever Ready Batteries, ARC Aggregates, London Brick, Butterly Brick, Smith Meters and Beazer Homes.
 -0- 4/1/92
 /CONTACT: Robert M. Brier of Hanson Industries, 212-826-0098/
 (HAN) CO: Hanson Industries; Grove Worldwide ST: New York, Pennsylvania IN: SU: PER


GK -- NY074 -- 3948 04/01/92 14:32 EST
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Publication:PR Newswire
Date:Apr 1, 1992
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