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MAGNETECH'S NEW HIGH-SPEED PLANT OPENS ON SCHEDULE

 MAGNETECH'S NEW HIGH-SPEED PLANT OPENS ON SCHEDULE
 FORT LAUDERDALE, Fla., June 4 /PRNewswire/ -- MagneTech Corporation


(NASDAQ: TAPE) announced its new 26,000-square-foot high-speed duplicating plant at Indianapolis completed initial start-up tests on schedule June 1. According to Jack Brown, company president, "The initial runs exceeded all our expectations. We would like to extend our thanks to all those individuals whose extraordinary efforts made this possible. We went from an empty building to a fully automated high- speed duplicating facility in less than 60 days. Absolutely remarkable."
 Full scale production is expected to be under way within 10 days to two weeks.
 -0- 6/4/92
 /CONTACT: Donald Courtney of MagneTech Corporation, 305-835-2214/
 (TAPE) CO: MagneTech Corporation ST: Florida IN: SU:


AW-BR -- FL001 -- 6865 06/04/92 08:19 EDT
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Publication:PR Newswire
Date:Jun 4, 1992
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