UNION &lt;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 &lt;Hunt
  Valve Co Inc>.
      The amount of the cash transaction, expected to close in
  April, was not disclosed.
  

