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LUNN INDUSTRIES, INC. ANNOUNCES S-3 REGISTRATION OF ITS STOCK

 WYANDANCH, N.Y., Oct. 12 /PRNewswire/ -- Lunn Industries, Inc. (NASDAQ Small Cap: LUNN), today announced it registered 2,856,819 shares of common stock, $.01 par value per share, on Sept. 28, 1993. All of the shares being registered were acquired from the company in private placements pursuant to individual subscription agreements entered into at various times. As of Sept. 30, there were issued and outstanding 4,657,927 shares and warrants to purchase 388,308 shares of common stock. The proceeds of the private placement were used for acquisitions and working capital.
 Lunn Industries is a diversified manufacturer of composite structures. Composed of three operating divisions -- Lunn, Norfield and Alcore -- the company specializes in fiberglass-reinforced composites, aluminum honeycomb and thermoplastic honeycomb. Markets for Lunn's products include the transportation, building and construction, electronics, defense and aerospace industries.
 -0- 10/12/93
 /CONTACT: Nancy Gervais, vice president of Lunn Industries, 203-792-5110/
 (LUNN)


CO: Lunn Industries, Inc. ST: New York IN: SU:

TS-GK -- NY062 -- 1120 10/12/93 12:55 EDT
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Publication:PR Newswire
Date:Oct 12, 1993
Words:169
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