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Global Industrial Technologies Announces The Marion Power Shovel Company Sale Completed
 
    DALLAS, Aug. 26 /PRNewswire/ -- Global Industrial Technologies, Inc.
(NYSE: GIX) announced today that the sale of The Marion Power Shovel Company
to Bucyrus International Inc. has been completed for the terms disclosed
earlier this month.
    Global Industrial Technologies is a major manufacturer of technologically
advanced industrial products that support high-growth markets around the
world.
SOURCE Global Industrial Technologies, Inc.



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CONTACT:
George Pasley, V.P. Communications of Global
Industrial Technologies, Inc., 214-953-4510
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