UNION <UCO> TO SELL UNION FLONETICS UNIT
Union Corp said it agreed
in principle to sell its Union Flonetics Corp subsidiary to
Irvin Kaplan, a Houston investor.
    The unit makes valves and marine specialty equipment for 
the military. Kaplan is also controlling shareholder of <Hunt
Valve Co Inc>.
    The amount of the cash transaction, expected to close in
April, was not disclosed.

 Reuter
