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JOHN S. HADDICK RETIRES AS CHIEF EXECUTIVE OFFICER OF THE DURIRON COMPANY WITH THIRTY-NINE YEARS OF SERVICE

 DAYTON, Ohio, Feb. 15 /PRNewswire/ -- John S. Haddick has announced his retirement as Chief Executive Officer of The Duriron Company, Inc. (NASDAQ: DURI) after a distinguished thirty-nine year career with the Dayton based worldwide manufacturer of process equipment and systems for the process industries. While retiring from active service effective February 15, 1993, Mr. Haddick will retain his duties as Chairman of the Board. Mr. William M. Jordan succeeds Mr. Haddick as Chief Executive Officer.
 Three years after graduating from Iowa State University where he earned a B.S. degree in chemical engineering, Mr. Haddick joined Duriron as a sales engineer trainee in 1953. Gaining field sales and district management experience through 1959, he was then promoted to valve and later pump product management positions. In 1967 he became Director of International Operations with the charge of establishing a European base for the Company's sales and manufacturing activities.
 Elected Vice President in 1974 and Group Vice President three years later, Mr. Haddick was subsequently named to the Company's Board of Directors while also being promoted to Executive Vice President and Chief Operating Officer in early 1983. Later that year, he became President and assumed the CEO responsibilities in late 1984. Six years later, Mr. Haddick was elected Chairman of the Board.
 During Mr. Haddick's tenure as CEO, Duriron's sales revenues doubled while total return to the shareholder has increased more than five-fold. The Company rededicated itself as a market driven company focused on the fluid handling needs of the worldwide chemical processing industries. This has been reflected in the four acquisitions and three divestitures which were affected to better position the Company.
 In recognition of these accomplishments, "Financial World" magazine honored Mr. Haddick with the Bronze Award for Industrial Companies with sales of less than $500 million as CEO of the Decade (1980-1989) for his leadership in "...the improvement of both his company and the industry he serves." In addition, Mr. Haddick was honored in 1990 along with selected members of DuPont's worldwide staff in its Engineering Excellence program and was the first non DuPont engineer to receive such an award.
 Duriron also received the Ohio Achievement Award for its performance between 1986-1990. The Company was the leading financial performer among all the publicly held Ohio companies with sales in excess of $100 million.
 A Fellow of the American Institute of Chemical Engineers since 1978, Mr. Haddick furthered his professional development as a graduate of the Advanced Management Program at Harvard Graduate School of Business and the Columbia University Program in Business Management. Among his many business and community activities are leadership positions on the Dayton Area Progress Council and Bank One Dayton Board of Directors. Mr. Haddick is Chairman of the Dayton Montgomery County Low Income Housing Commission and Chairman of the Wright State University Foundation. He is an active member of the Dayton Business Committee, the Shopsmith Inc. Board of Directors and the Miami Valley Hospital Board of Trustees.
 A native of Illinois, Mr. Haddick and his wife Penny, who is also an active participant in many community activities, will continue to reside in Oakwood, Ohio.
 -0- 2/15/93
 /CONTACT: The Duriron Company, Inc., World Headquarters, 513-476-6150/
 (DURI)


CO: The Duriron Company, Inc. ST: Ohio IN: SU: PER

LC -- CL001 -- 6491 02/15/93 09:07 EST
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Date:Feb 15, 1993
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