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R-2000 REPORTS WESTERN RESERVE'S RETURN TO PROFITABILITY

     R-2000 REPORTS WESTERN RESERVE'S RETURN TO PROFITABILITY
    NEPTUNE, N.J., Nov. 20 /PRNewswire/ -- Western Reserve Manufacturing Co., Inc., of Lorain, Ohio, the nation's largest continuous cast bronze mill, returned to profitability for the fourth quarter ended Oct. 31, 1991, after three quarters of operating losses, it was reported today by R-2000 Corp. (NASDAQ: RTWO), based here, which has agreed to merge with privately held Western Reserve through a stock swap.
    "Western Reserve has achieved a strong order flow because of sole source worldwide distribution agreements for its patented MICROCAST bronze product line with Bearings, Inc. (NYSE: BER), and Copper & Brass Sales, Inc., a private firm with more than $1 billion in annual sales," Lawrence B. Adams, R-2000's chief executive officer, said.
    "Western Reserve has significantly increased production capacity to meet the demands of these sole source agreements," he added.
    R-2000 has holdings in bronze distribution and precision machining.
    Western Reserve filed for protection from creditors under Chapter 11 of the U.S. Bankruptcy Code in October 1991 and expects to file its reorganization plan before the end of this year.
    -0-       11/20/91
    /CONTACT:  Lawrence B. Adams, chief executive officer of R-2000, 908-938-7797/
    (RTWO) CO:  R-2000 Corp.; Western Reserve Manufacturing Co., Inc. ST:  New Jersey, Ohio IN:  MNG SU: CK-FC -- NY073 -- 5548 11/20/91 15:53 EST
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Publication:PR Newswire
Date:Nov 20, 1991
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