Exhibit 23.1



                        Consent of Independent Auditors

We consent to the incorporation by reference in the Registration Statements of
Park-Ohio Holdings Corp. for the registration of its common stock of our report
dated March 1, 2002, with respect to the consolidated financial statements of
Park-Ohio Holdings Corp. included in the Annual Report (Form 10-K) for the year
ended December 31, 2001.



Registration Statement               Description              Shares Registered
- --------------------------------------------------------------------------------
Form S-8 (33-01047)        Individual Account Retirement Plan        1,500,000

Form S-8 (333-58161)       1998 Long-Term Incentive Plan               550,000




                                        /s/ ERNST & YOUNG LLP



Cleveland, Ohio
March 26, 2002