FORM 8-K
                                CURRENT REPORT

                      SECURITIES AND EXCHANGE COMMISSION
                             Washington, DC 20549

    Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

                               January 15, 1996  




                             ZURN INDUSTRIES, INC.


                                                                 IRS Employer
    State of                      Commission                    Identification
  Incorporation                   File Number                       Number    
  Pennsylvania                      1-5502                       25-1040754


                                  Address and
                               Telephone Number
                                One Zurn Place
                           Erie, Pennsylvania  16505
                                 814-452-2111


       




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ITEM 5 - OTHER EVENTS

The Company's news release dated January 15, 1996 announcing an agreement for
collaboration on future power generation projects with CMS Generation Co.
which also resolves long-standing litigation with Imperial Resource Recovery
Associates, L.P. is incorporated herein by reference.


                                  SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the Registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.

                                                ZURN INDUSTRIES, INC.



January 15, 1996                                /s/ Dennis Haines    
                                                Dennis Haines
                                                General Counsel and Secretary


                                 EXHIBIT INDEX

20  Other Documents or Statements to Security Holders
    News Release dated January 15, 1996






















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