<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FINANCIAL STATEMENTS OF FARREL CORPORATION AS OF 12/31/98 AND FOR THE YEAR THEN ENDED AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <CURRENCY> US$ <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-1-1998 <PERIOD-END> DEC-31-1998 <EXCHANGE-RATE> 1 <CASH> 5,786 <SECURITIES> 0 <RECEIVABLES> 21,005 <ALLOWANCES> 297 <INVENTORY> 14,542 <CURRENT-ASSETS> 48,273 <PP&E> 23,262 <DEPRECIATION> 11,648 <TOTAL-ASSETS> 62,723 <CURRENT-LIABILITIES> 28,351 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 61 <OTHER-SE> 26,240 <TOTAL-LIABILITY-AND-EQUITY> 62,723 <SALES> 98,036 <TOTAL-REVENUES> 98,036 <CGS> 75,264 <TOTAL-COSTS> 75,264 <OTHER-EXPENSES> 17,809 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,140 <INCOME-PRETAX> 3,823 <INCOME-TAX> 1,546 <INCOME-CONTINUING> 2,277 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 2,277 <EPS-PRIMARY> 0.38 <EPS-DILUTED> 0.38