Champion Parts Inc

Article Abstract:

Champion Parts Inc (CREB) will nominate a representative of an investor group headed by General Refractories Co to its slate of directors in return for the group's support. The announcement follows a Schedule 13D filing by General Refractories on its acquisition of 269,000 shares, or 7.4% of CREB's 3.66 million shares. Insiders own 17% of total shares, employees own 13% while Echlin Corp owns 16.5%. CREB suffered an 18% drop in sales for the 1st qtr 1992 but had a 9% advance in earnings to $0.06 a share.

Champion Parts Inc.

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Intermet Corp

Article Abstract:

Intermet Corp's profits for the three months ended Jun 1992 rose by 74% due to a 29% sales growth. The company's $10 million sales increase was mainly due to the acquisition of PBM Industries Inc last Mar 1992 and its satisfactory US and European automotive parts shipments. Chrysler and Ford are responsible for 20% of Intermet's revenues. Dir J. Mason Reynolds acquired 10,000 shares at 9 1/4 last Jul 1, 1992. The company has a 16-cent dividend on its 21 million shares.

Gray and ductile iron foundries, Internet Corp.

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Monro Muffler Brake Inc

Article Abstract:

Monro Muffler Brake Inc is expected to post its fifth consecutive year of increased earnings despite its relatively weak market valuation. The firm showed a 15% profit rise in the fiscal 2nd qtr ended Sep 1992. The stock has risen 35% from its 52-week low but has not approximated its Jul 16, 1991 initial public offering price. Investment banker and Monro board member Peter Solomon acquired 30,000 shares last Nov 18, 1992, increasing his holdings to 14.7%.

Automotive repair shops, not elsewhere classified, Auto exhaust system repair shops, Monro Muffler Brake Inc.

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