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SELAS GETS $1.6 MILLION ORDER IN PEOPLES REPUBLIC OF CHINA

 DRESHER, Pa., Jan. 7 /PRNewswire/ -- Selas Corporation of America (AMEX: SLS) announced today that it has received an order to supply a glass furnace line to Shanghai Fine Motor Fittings Factory in Shanghai, Peoples Republic of China.
 Value of the order is approximately $1.6 million and will be executed by the company's subsidiary in France.
 Stephen F. Ryan, president and chief executive officer of Selas, said Selas has only been active in meeting with Chinese business interests for a year.
 "We believe that this Shanghai contract, coming after such a short presence by Selas in China, indicates that our equipment and technology are well suited to the present needs of Chinese manufacturing," Ryan said.
 Ryan said that, even though China represents a new market for the company, Selas has had considerable experience in working in Asia, and that this experience should translate well into its dealings in China.
 Selas Corporation of America is an international design, development, engineering and manufacturing company.
 /delval/
 -0- 1/7/93
 /CONTACT: R.W. Ross of Selas, 215-283-8253/
 (SLS)


CO: Selas Corporation of America ST: Pennsylvania IN: SU: CON

MK-MP -- PH006 -- 2536 01/07/93 09:38 EST
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Publication:PR Newswire
Date:Jan 7, 1993
Words:194
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