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TEXTRON'S FILTRATION SYSTEMS DIVISION OFFERED FOR SALE

 TEXTRON'S FILTRATION SYSTEMS DIVISION OFFERED FOR SALE
 PROVIDENCE, R.I., June 30 /PRNewswire/ -- Textron (NYSE: TXT)


plans to sell its Textron Filtration Systems Division, James F. Hardymon, Textron's president and chief executive officer announced today.
 Hardymon said the proposal sale is part of the company's continuing effort to focus in the principal products of its core business.
 "Textron Filtration Systems is a profitable business with excellent products. However much of its growth potential is in non-Textron related businesses which could be better developed by a company with a primary interests in these areas."
 Based in Newbury Park, Calif., Textron Filtration Systems is a major producer of advanced filtration systems for aerospace and industrial markets.
 Prior to July, 1990 when it became a separate division, Textron Filtration Systems was operated as the PTI Technologies, Inc. filter operations of HR Textron, a division manufacturing sophisticated control systems for aerospace markets. PTI was acquired from Puralator Inc. in 1984.
 BT Securities Corp., a subsidiary of Bankers Trust, New York, will represent Textron in the sale.
 Textron is a multi-industry company with operations focused in three business sectors -- aerospace technology, commercial products and financial services.
 -0- 6/30/92
 /CONTACT: Raymond W. Caine Jr., of Textron, 401-421-2800/
 (TXT) CO: Textron Inc. ST: Rhode Island IN: SU:


TM -- NE003 -- 5037 06/30/92 09:25 EDT
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Publication:PR Newswire
Date:Jun 30, 1992
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