<ARTICLE> 5 <RESTATED> <CIK> 0000076282 <NAME> PARK-OHIO INDUSTRIES, INC. <MULTIPLIER> 1,000 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> MAR-31-1997 <EXCHANGE-RATE> 1 <CASH> 1,681 <SECURITIES> 0 <RECEIVABLES> 64,998 <ALLOWANCES> 1,189 <INVENTORY> 85,742 <CURRENT-ASSETS> 162,755 <PP&E> 113,388 <DEPRECIATION> 54,848 <TOTAL-ASSETS> 300,277 <CURRENT-LIABILITIES> 57,456 <BONDS> 90,029 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 10,808 <OTHER-SE> 109,142 <TOTAL-LIABILITY-AND-EQUITY> 300,277 <SALES> 93,806 <TOTAL-REVENUES> 93,806 <CGS> 78,763 <TOTAL-COSTS> 78,763 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,623 <INCOME-PRETAX> 3,558 <INCOME-TAX> 1,316 <INCOME-CONTINUING> 2,242 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 2,242 <EPS-PRIMARY> .21 <EPS-DILUTED> .20