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VALLEN CORPORATION REPORTS FIRST QUARTER SALES AND EARNINGS

 HOUSTON, Sept. 15 /PRNewswire/ -- Vallen Corporation (NASDAQ: VALN) today announced sales and earnings for the period ended Aug. 31, 1993.
 Net sales for the first quarter rose to $43,742,000, up slightly from $43,727,000 recorded in the first quarter of 1993. Net earnings decreased 6.3 percent to $1,314,000 or $.19 per share, compared to $1,402,000 or $.20 per share recorded for the first quarter of 1993.
 According to J. M. Wayne Code, president, "We continue to invest in the long-term growth of the company by aggressively marketing our products and services. The introduction of Vallen-labeled products last fiscal year is gaining momentum and has been readily accepted by the marketplace. This strategy has resulted in increased sales volume of those products, as well as helping to expand our overall market share.
 "We continue to assess selective acquisition opportunities to fuel our growth and enhance our capabilities to provide unparalleled service to our diverse customer base. At the same time, the company continues to invest in new branches, `on-site' stores and systems contracts to improve market share."
 Vallen Safety Supply Company, the distribution subsidiary, sells a wide variety of industrial safety and health products. It currently operates from 42 locations throughout the United States and Canada, and has an additional 14 facilities located in customer plants. It operates from 13 locations in Mexico through its 50 percent owned affiliate, Proveedora De Seguridad Industrial Del Golfo, S.A. de C.V.
 Encon Safety Products, Inc., Vallen's manufacturing subsidiary, is the leading producer of emergency shower and eye wash fountains for industrial use. The manufacturing subsidiary also molds and vacuum forms several industrial safety equipment items, including optical quality protective eyewear.
 VALLEN CORPORATION
 Operating Results
 First quarter ended Aug. 31 1993 1992
 Net sales $43,742,000 $43,727,000
 Operating income 1,859,000 2,260,000
 Net earnings 1,314,000 1,402,000
 Net earnings per common share $ .19 $ .20
 Average number of common
 shares outstanding 7,024,000 6,985,000
 -0- 9/15/93
 /CONTACT: Don B. Hair, VP-finance of Vallen Corporation, 713-462-8700/
 (VALN)


CO: Vallen Corporation ST: Texas IN: SU: ERN

GK -- NY065 -- 2298 09/15/93 14:07 EDT
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Publication:PR Newswire
Date:Sep 15, 1993
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