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McCLAIN INDUSTRIES, INC. ANNOUNCES EARNINGS FOR FIRST QUARTER IN FISCAL 1993

 STERLING HEIGHTS, Mich., Feb. 16 /PRNewswire/ -- McClain Industries, Inc. (NASDAQ-NMS: MCCL) announced sales and earnings for the first quarter ended Dec. 31, 1992.
 Sales for the first quarter in fiscal 1993 were $11,127,000, an 84-percent increase from sales of $6,059,000 during the same quarter in fiscal 1992. Net income for the first quarter of fiscal 1993 was $217,000 or $.07 a share compared to $89,000 or $.03 a share during the same quarter in fiscal 1992.
 "The sales and earnings increases are primarily due to the inclusion of Galion Solid Waste and Galion Dump Bodies for the quarter," said Kenneth D. McClain, president and chief executive officer. "Customer response to the Galion acquisition has been very positive and we have noticed increased activity in quotations and orders from the construction industry and municipal governmental units."
 McClain Industries, Inc. is one of the nation's leading manufacturers of solid waste handling equipment for the waste disposal industry.
 McCLAIN INDUSTRIES, INC.
 Three Months Ended
 Dec. 31, 1992 Dec. 31, 1991
 Net sales $11,127,192 $6,058,944
 Net income $217,034 $89,105
 Earnings per share $.07 $.03
 Average shares outstanding 2,922,083 2,951,361
 -0- 2/16/93
 /CONTACT: Carl Jaworski, secretary, McClain Industries, Inc., 313-264-3611/
 (MCCL)


CO: McClain Industries, Inc. ST: Michigan IN: SU: ERN

ML -- DE011 -- 6819 02/16/93 10:46 EST
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Date:Feb 16, 1993
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