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MEDAR ACQUIRES MINORITY INTEREST OF MACHINE VISION SUBSIDIARY

     MEDAR ACQUIRES MINORITY INTEREST OF MACHINE VISION SUBSIDIARY
    FARMINGTON HILLS, Mich., Nov. 4 /PRNewswire/ -- Medar, Inc. (NASDAQ-NMS: MDXR) announced that it has acquired the 20-percent minority interest of Automatic Inspection Devices, Inc. from Owens-Illinois, Inc. for 65,000 shares of unissued Medar, Inc. common stock.  The acquisition makes Automatic Inspection Devices, Inc. a wholly owned subsidiary of Medar, Inc.
    Automatic Inspection Devices, Inc. is a Toledo, Ohio-based developer of high-speed machine vision inspection systems used primarily in the home entertainment, glass, packaging and automotive industries.  The company is best known for its disc inspection systems.  The original 80-percent ownership share of Automatic Inspection Devices, Inc. was acquired by Medar, Inc. from Owens-Illinois, Inc. in 1987.
    Medar designs and manufactures computer-controlled automation equipment including vision gauging and inspection systems, resistance welding controls and computer communications systems.  Medar's customers include major companies in the defense, aerospace, automobile, appliance, entertainment and consumer goods packaging industries.
    -0-                    11/4/91
    /CONTACT:  Charles J. Drake or Gerald R. Smith of Medar, Inc., 313-477-3900/
    (MDXR) CO:  Medar, Inc.; Automatic Inspection Devices, Inc.;
     Owens-Illinois, Inc. ST:  Michigan, Ohio IN:  CPR SU:  TNM ML -- DE006 -- 0578 11/04/91 08:55 EST
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Copyright 1991 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Nov 4, 1991
Words:194
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