EXHIBIT (99)
Clark Equipment Company
100 North Michigan St.
P.O. Box 7008
South Bend, Indiana 46634


                                 NEWS RELEASE


Contact:  Joe Fimbianti                      Release Date:  Immediate
          219-239-0176


                           CLARK EQUIPMENT EXPECTS
               STRONGER-THAN-ANTICIPATED THIRD QUARTER EARNINGS


SOUTH BEND, INDIANA, September 23, 1994 -- Clark Equipment Company (NYSE:
CKL) today announced it expects stronger-than-anticipated third quarter
earnings due to significantly improved productivity, pricing and demand in
key domestic and European markets.  The announcement was made by Leo J.
McKernan, Clark Chairman, President and Chief Executive Officer.

Noting that the cyclical upturn in major Clark markets is offsetting
traditional seasonal effects, Mr. McKernan pointed out that Clark third
quarter earnings also include the first full quarter of results from its
recent acquisition, Blaw-Knox Construction Equipment Company.

Clark  Equipment Company designs, manufactures and markets skid-steer
loaders, construction machinery, asphalt paving equipment, and axles and
transmissions for off-highway equipment.




























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