<ARTICLE> 5 <LEGEND> THE AUDITED FINANCIAL STATEMENTS FOR THE FISCAL YEAR, ENDING MARCH 29, 1997. </LEGEND> <CIK> 0001043439 <NAME> INDUSTRIAL TECTONICS BEARINGS CORPORATION <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> MAR-29-1997 <PERIOD-START> MAR-31-1997 <PERIOD-END> MAR-29-1997 <CASH> 859 <SECURITIES> 0 <RECEIVABLES> 20,002 <ALLOWANCES> 236 <INVENTORY> 36,852 <CURRENT-ASSETS> 58,241 <PP&E> 58,709 <DEPRECIATION> 18,611 <TOTAL-ASSETS> 124,513 <CURRENT-LIABILITIES> 20,605 <BONDS> 60,315 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 37,372 <TOTAL-LIABILITY-AND-EQUITY> 124,513 <SALES> 93,427 <TOTAL-REVENUES> 93,427 <CGS> 64,215 <TOTAL-COSTS> 14,537 <OTHER-EXPENSES> 5,338 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 5,338 <INCOME-PRETAX> 7,864 <INCOME-TAX> 3,224 <INCOME-CONTINUING> 4,640 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 4,640 <EPS-PRIMARY> 46,395.72 <EPS-DILUTED> 46,395.72