CRONUS INDUSTRIES INC &lt;CRNS> SELLS UNIT

  Cronus Industries Inc said it agreed to
  sell its heat transfer equipment business, Southwestern
  Engineering Co, for a slight premium over book value, plus a
  release of Cronus from liability on approximately three mln
  dlrs of subsidiary indebtedness.
      The company said the sale to a subsidiary of Senior
  Engineering Group PLC, a British company, will take place this
  month.
  

