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KEENE CORPORATION'S INDUSTRIES SUBSIDIARY ACQUIRES REYNOLDS AND TAYLOR

KEENE CORPORATION'S INDUSTRIES SUBSIDIARY ACQUIRES REYNOLDS AND TAYLOR
 NEW YORK, March 3 /PRNewswire/ -- Michael T. Furry, president of Reinhold Industries, Inc., a direct wholly owned subsidiary of Keene Corporation (NASDAQ: KEEN), today announced the acquisition of 100 percent of the outstanding common stock of Reynolds and Taylor, Inc. from Furon Company. The terms of the acquisition were not disclosed.
 Reinhold Industries, Inc. is a custom manufacturer of heat absorbing composite components and sheet molding compounds for a variety of aerospace, defense and commercial applications.
 "The acquisition of Reynolds and Taylor, Inc. will expand Reinhold's presence in the structural composites market and accelerate Reinhold's growth in commercial applications for composite materials," said Furry.
 -0- 3/3/92
 /CONTACT: Michael T. Furry of Keene Corporation, 310-944-3281/
 (KEEN FCBN) CO: Keene Corporation; Reinhold Industries, Inc.; Reynolds and Taylor,
 Inc. ST: New York IN: ARO SU: TNM


KD-KW -- NY087 -- 4691 03/03/92 17:21 EST
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Publication:PR Newswire
Date:Mar 3, 1992
Words:152
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