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KASLER CORP. ACQUIRES CERTAIN OPERATING ASSETS OF J.H. POMEROY

 HIGHLAND, Calif., March 11 /PRNewswire/ -- Kasler Corp. (NYSE: KAS), a leader in the highway/heavy construction industry, today announced that the company has acquired certain operating assets, valued at approximately $6 million, of J.H. Pomeroy Inc., a long-time producer of prestressed and precast concrete products.
 The assets acquired include an 80-acre facility in Petaluma, Calif., and certain operating equipment located at the Petaluma plant.
 J. L. Feller, chairman of the board and chief executive officer, said, "We are excited about the potential opportunities this acquisition provides us. Mr. R.I. Roberts, current executive vice president, will become the president of the new wholly owned subsidiary, the Pomeroy Corp., and will be responsible for all company operations."
 Kasler Corp. is a general contractor engaged in the construction of concrete roadways, rapid transit, bridges and other infrastructure-related projects, including airport runways and water control and distribution facilities.
 -0- 3/11/93
 /CONTACT: John Cash, CFO, or Richard Guiss, investor relations, of Kasler, 909-884-4811; or Porter LeVay & Rose, 212-564-4700, for Kasler/
 (KAS)


CO: Kasler Corp.; J.H. Pomeroy Inc. ST: California IN: CST SU: TNM

KJ -- LA006 -- 5088 03/11/93 12:08 EST
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Publication:PR Newswire
Date:Mar 11, 1993
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