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RAUCH INDUSTRIES ANNOUNCES ITS 40TH ANNIVERSARY WITH RECORD SALES PROJECTIONS

 RAUCH INDUSTRIES ANNOUNCES
 ITS 40TH ANNIVERSARY WITH RECORD SALES PROJECTIONS
 GASTONIA, N.C., Oct. 16 /PRNewswire/ -- Rauch Industries, Inc. (NASDAQ-NMS: RCHI), a NASDAQ traded company, proudly announces that in its 40th Anniversary Year it is now projecting record sales of approximately $40 million for 1992. The Company's net sales were $37.8 million in 1991. This increase is being achieved in a difficult retail climate primarily by growth coming from its largest major customers. The Company has also experienced price competition that has affected its margins.
 Sales on the Company's new line of imported, high end decorations to gift shops and better department stores, while not achieving projections, have now doubled over the last year.
 Based on the results to date, the Company presently believes 1992 should be its fortieth consecutive profitable year.
 -0- 10/16/92
 /CONTACT: Marshall A. Rauch, President and Chief Executive, or Donald G. Walser, Executive VP and Treasurer, Rauch Industries, 704-867-5333/
 (RCHI) CO: Rauch Industries ST: North Carolina IN: REA SU: ERP


MM -- CH004 -- 0854 10/16/92 10:21 EDT
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Publication:PR Newswire
Date:Oct 16, 1992
Words:176
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