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NEWCOR'S ANNUAL MEETING OF SHAREHOLDERS HELD

 NEWCOR'S ANNUAL MEETING OF SHAREHOLDERS HELD
 TROY, Mich., March 12 /PRNewswire/ -- At the annual meeting of


shareholders of Newcor, Inc. (NASDAQ: NEWC) held in Troy on March 11, 1992, a proposal to elect directors for a three-year term on a staggered basis was approved. Eight directors in total were elected: Frank L. Klapperich Jr. and William A. Lawson to serve until the 1993 annual Klapperich Jr. and William A. Lawson to serve until the 1993 annual

Jr. and Frank L. Gofrank to serve until the 1995 annual meeting.
 Frederick C. Mueller, who has served as a director since 1963, and Wilson B. Ward, who has served as a director since 1964, had previously advised the board that they did not wish to stand for re-election and were recognized at the meeting by Chairman William A. Lawson for their contributions to the company.
 The proposal to increase the authorized common stock from 3,500,000 to 10 million shares was also approved by the shareholders. The total number of shares now authorized to be issued are 11 million, the remaining 1 million of which are unissued preferred stock.
 Newcor, headquartered in Troy, designs and manufactures custom machines and manufacturing systems as well as special precision-machined parts. Newcor is listed on the NASDAQ under the symbol NEWC.
 -0- 3/12/92
 /CONTACT: Marjorie H. Edwards of Newcor, 313-643-7730/
 (NEWC) CO: Newcor, Inc. ST: Michigan IN: MAC SU: PER


ML -- DE002 -- 7634 03/12/92 08:52 EST
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Date:Mar 12, 1992
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