TRANSTECH INDUSTRIES, INC.
                       AND SUBSIDIARIES
      
       EXHIBIT 11 - COMPUTATION OF INCOME (LOSS) PER SHARE


                                        For the Three Months Ended
                                                March 31,
                                          1996            1995 

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 BEFORE EXTRAORDINARY
  ITEM                                   $(.19)          $(.25)

DISCONTINUED OPERATIONS:

INCOME (LOSS) FROM OPERATIONS, NET
  OF TAXES                                  -              .03

INCOME (LOSS) BEFORE      
  EXTRAORDINARY ITEM                      (.19)           (.22)

EXTRAORDINARY CHARGE                      (.18)             - 

NET INCOME (LOSS) PER COMMON 
  AND COMMON EQUIVALENT SHARE            $(.37)          $(.22)

FULLY DILUTED*

<FN>
* For the three months ended March 31, 1996 and 1995, fully
diluted earnings per share did not differ significantly from
primary earnings per share and therefore is not presented.
</FN>