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NEWCOR, INC. FORECASTS RECORD RESULTS FOR FISCAL 1993

 NEWCOR, INC. FORECASTS RECORD RESULTS FOR FISCAL 1993
 TROY, Mich., Sept. 10 /PRNewswire/ -- Richard A. Smith, president


and chief executive officer of Newcor, Inc. (NASDAQ: NEWC), announced this morning at a meeting held in Chicago, "In our third-quarter earnings release dated Aug. 27, 1992, we announced that 1992's full-year results could surpass the record earnings achieved in 1991 of $1.19 per share. This morning I am pleased to report that, given Newcor's strong backlog, up 115 percent compared to one year ago, and the recent acquisition of Midwest Rubber Company, we can reasonably forecast that 1993 will mark the third consecutive year of record net earnings."
 The announcement was made during a presentation to machinery analysts attending a manufacturing investment forum sponsored by PaineWebber in conjunction with the bi-annual International Machine Tool Show.
 Newcor, Inc., headquartered in Troy, designs and manufactures custom machines and manufacturing systems as well as special precision machined parts and molded rubber and plastic products. Newcor is listed on the NASDAQ stock market under the symbol NEWC.
 -0- 9/10/92
 /CONTACT: Marjorie H. Edwards, corporate secretary, Newcor, 313-643-7730/
 (NEWC) CO: Newcor, Inc. ST: Michigan IN: MAC SU: ERP


ML -- DE012 -- 8026 09/10/92 12:28 EDT
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Publication:PR Newswire
Date:Sep 10, 1992
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