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TRION, INC. TO RECORD NONRECURRING CHARGE TO INCOME IN THIRD QUARTER

TRION, INC. TO RECORD NONRECURRING CHARGE TO INCOME IN THIRD QUARTER
 SANFORD, N.C., Sept. 23 /PRNewswire/ -- TRION, INC. (NASDAQ-NMS: TRON) announced that there will be a nonrecurring pretax charge to third quarter income of $1,546,000, or an after-tax charge of $969,000 ($.15 per share).
 Samuel J. Wornom III, President and Chief Executive Officer, stated that the one-time charge relates to estimated future expenses expected to be incurred in connection with the major management restructuring announced in July. He further stated that third quarter operating results are expected to be profitable before this charge, which continues the major turnaround in operations experienced during the first two quarters. The financial condition of the Company and cash flow are excellent. With these charges behind us, we expect this profitability trend will continue.
 Trion specializes in the design, manufacture and sale of air cleaning equipment.
 -0- 9/23/92
 /CONTACT: W.P. Glaser, Trion, Inc., 919-775-2201/
 (TRON) CO: Trion, Inc. ST: North Carolina IN: SU:


SB -- CH004 -- 2617 09/23/92 11:47 EDT
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Publication:PR Newswire
Date:Sep 23, 1992
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