TRANSTECH INDUSTRIES, INC.
                        AND SUBSIDIARIES

      EXHIBIT 11 - COMPUTATION OF INCOME (LOSS) PER SHARE


                                        For the Nine Months Ended
                                             September 30,
                                          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                                   $(.13)          $ .33 

DISCONTINUED OPERATIONS:

  Income (loss) from operations, net
    of taxes                                -              .01

  Loss on disposal of
    disconinued operations                  -             (.20)

INCOME (LOSS) BEFORE      
  EXTRAORDINARY ITEM                      (.13)           (.14)

EXTRAORDINARY CHARGE                        -                 

NET INCOME (LOSS) PER COMMON 
  AND COMMON EQUIVALENT SHARE            $(.13)          $(.14)

FULLY DILUTED*


* For the nine months ended September 30, 1996 and 1995, fully
diluted earnings per share did not differ significantly from
primary earnings per share and therefore is not presented.