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                                                                     Exhibit 23


                                      
                       Consent of Independent Auditors
                                      

We consent to the incorporation by reference in the Registration Statement
(Form S-8 No. 33-43907) pertaining to the Commercial Intertech Retirement Stock
Ownership and Savings Plan of our report dated June 5, 1995, with respect to
the financial statements and schedules of the Commercial Intertech Retirement
Stock Ownership and Savings Plan included in this Annual Report (Form 11-K) for
the year ended December 31, 1994.


                                                       ERNST & YOUNG LLP



Cleveland, Ohio
June 27, 1995





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