MCCLAIN INDUSTRIES INC
10-C, 1995-05-02
FABRICATED PLATE WORK (BOILER SHOPS)
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                      SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON, D.C. 20549


                                  FORM 10-C

               REPORT BY ISSUER OF SECURITIES QUOTED ON NASDAQ
                         INTERDEALER QUOTATION SYSTEM


                 Filed Pursuant to Section 13 or 15(d) of the
               Securities Exchange Act of 1934 and Rule 13a-17
                             or 15d-17 thereunder


                           MCCLAIN INDUSTRIES, INC.
              (Exact name of Issuer as specified in its charter)



             6200 ELMRIDGE ROAD, STERLING HEIGHTS, MICHIGAN 48310
                                (810) 264-3611
   (Address, including zip code, and telephone number, including area code,
                   of issuer's principal executive offices)


                  I. CHANGE IN NUMBER OF SHARES OUTSTANDING


Indicate any change (increase or decrease) of 5% or more in the number of 
shares outstanding:

1.      Title of security:  COMMON STOCK, NO PAR VALUE

2.      Number of shares outstanding before the change:  3,335,658

3.      Number of shares outstanding after the change:  4,447,544

4.      Effective date of change:  MARCH 30, 1995

5.      Method of change:

                Specify method (such as merger, acquisition, exchange, 
        distribution, stock split, reverse split, acquisition of stock for
        treasury, etc.):  4-FOR-3 STOCK SPLIT

                Give brief description of transaction:  ON JANUARY 16, 1995,
        THE BOARD OF DIRECTORS OF THE COMPANY DECLARED A 4-FOR-3 STOCK SPLIT 
        OF THE COMPANY'S COMMON STOCK, NO PAR VALUE, FOR ALL STOCKHOLDERS OF 
        RECORD ON FEBRUARY 28, 1995. THESE ADDITIONAL SHARES WILL BE 
        DISTRIBUTED ON OR ABOUT MARCH 30, 1995.
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                         II. CHANGE IN NAME OF ISSUER


1.  Name prior to change:  N/A

2.  Name after change:  N/A

3.  Effective date of charter amendment changing name:  N/A

4.  Date of shareholder approval of change, if required:  N/A

        Pursuant to the requirements of the Securities Exchange Act of 1934,
McClain Industries, Inc. has caused this report to be signed on its behalf by
the undersigned duly authorized person.

                                              McCLAIN INDUSTRIES, INC.



        Dated: March 17, 1995                 By: Kenneth D. McClain
                                                  -----------------------------
                                                  Kenneth D. McClain, President



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