ARMTEK &lt;ARM> TO SELL INDUSTRIAL TIRE UNIT

  Armtek Corp, previously the
  Armstrong Rubber Co, said it agreed to sell its industrial tire
  and assembly division to a Dyneer Corp &lt;DYR> for an undisclosed
  sum.
      It said the agreement covers the division's tire production
  facility in Clinton, Tenn., and its plants serving original
  equipment and replacement markets. Armstrong Tire Co, an Armtek
  unit, will continue to sell replacement industrial tires, the
  company said.
      Final closing is expected in the third fiscal quarter
  ending June 30.
  

