TRANSTECH INDUSTRIES, INC.
                        AND SUBSIDIARIES   

       EXHIBIT 11 - COMPUTATION OF INCOME (LOSS) PER SHARE


                                        For the Nine Months Ended
                                              September 30,
                                          1995            1994 
                                                 
PRIMARY:

Weighted average common shares
  outstanding                          2,829,090       2,829,090
Dilutive effect of common stock
  equivalents                              -               -    
                                       2,829,090       2,829,090

INCOME (LOSS) FROM CONTINUING 
  OPERATIONS                             $(.12)          $(.60)

DISCONTINUED OPERATIONS:

Income (loss) from operations, net
  of taxes (credits)                       .07             .50 

Gain (loss) on disposal of
  discontinued operations                 (.31)             - 

NET INCOME (LOSS) per common 
  and common equivalent share            $(.31)          $(.10)

FULLY DILUTED*
<FN>

* For the nine months ended September 30, 1995 and 1994, fully
diluted earnings per share did not differ significantly from
primary earnings per share and therefore is not presented.