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ZURN INDUSTRIES TO SELL PERMUTIT SUBSIDIARY TO U.S. FILTER

 ZURN INDUSTRIES TO SELL PERMUTIT SUBSIDIARY TO U.S. FILTER
 ERIE, Pa., Nov. 12 /PRNewswire/ -- Zurn Industries, Inc. (NYSE: ZRN), a leading designer and manufacturer of power systems and equipment, and water control products for environmental applications announced today that it has signed a definitive agreement whereby United States Filter Corporation will acquire certain assets and liabilities of The Permutit Company, Inc., a wholly owned subsidiary, located in Warren, N.J.
 Permutit markets water and wastewater treatment equipment for a variety of industrial and utility applications, and had sales of approximately $17 million for the fiscal year ended March 31, 1992. Zurn Industries' total consolidated sales for the same period were $596.5 million.
 -0- 11/12/92
 /CONTACT: Steve Adams of Zurn Industries, 814-452-2111/
 (ZRN) CO: Zurn Industries, Inc.; United States Filter Corporation; The
 Permutit Company, Inc. ST: Pennsylvania, New Jersey IN: OIL SU:


CD-MP -- PG009 -- 0253 11/12/92 14:20 EST
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Publication:PR Newswire
Date:Nov 12, 1992
Words:154
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