ABC NACO INC
4, 2001-01-05
METAL FORGINGS & STAMPINGS
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

( ) Check this box if no longer subject to Section 16.

1. Name and Address of Reporting Person
   Seher, Joseph A.
   2001 Butterfield Road
   Suite 502
   Downers Grove, IL 60515
2. Issuer Name and Ticker or Trading Symbol
   ABC-NACO Inc. (ABCR)
3. IRS or Social Security Number of Reporting Person (Voluntary)
   ###-##-####
4. Statement for Month/Year
   12/2000
5. If Amendment, Date of Original (Month/Day/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
   (X) Director                   (X) 10% Owner
   (X) Officer (give title below) ( ) Other (specify below)
   Chairman and CEO
7. Individual or Joint/Group Filing (Check Applicable Line)
   (X) Form filed by One Reporting Person
   ( ) Form filed by More than One Reporting Person
<TABLE>
TABLE I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
<CAPTION>
+---------------------------------+----------+-------------+-----------------------------+----------------+-----------+------------+
|1. Title of Security             |2. Trans- |3. Trans-    |4. Securities Acquired (A)   |5. Amount of    |6. Owner-  |7. Nature   |
|                                 |   action |   action    |   or Disposed of (D)        |   Securities   |   ship    |   of In-   |
|                                 |   Date   |   Code      |                             |   Beneficially |   Form:   |   direct   |
|                                 |          |             |                             |   Owned at     |   Direct  |   Bene-    |
|                                 |  (Month/ |             |                             |   End of       |   (D) or  |   ficial   |
|                                 |   Day/   +-------+-----+-----------+------+----------+   Month        |   Indirect|   Owner-   |
|                                 |   Year)  |Code   |V    |Amount     |A/D   |Price     |                |   (I)     |   ship     |
+---------------------------------+----------+-------+-----+-----------+------+----------+----------------+-----------+------------+
<S>                                <C>        <C>     <C>   <C>         <C>    <C>        <C>              <C>         <C>
Common Stock                       12/01/2000 P             200         A      $7.312500                   D
Common Stock                       12/07/2000 P             200         A      $7.062500                   D
Common Stock                       12/07/2000 P             200         A      $7.000000                   D
Common Stock                       12/08/2000 P             100         A      $7.000000                   D
Common Stock                       12/08/2000 P             700         A      $6.968700                   D
Common Stock                       12/11/2000 P             100         A      $7.218700                   D
Common Stock                       12/11/2000 P             400         A      $7.125000                   D
Common Stock                       12/12/2000 P             200         A      $6.687500                   D
Common Stock                       12/12/2000 P             300         A      $7.218700                   D
Common Stock                       12/13/2000 P             200         A      $6.875000                   D
Common Stock                       12/14/2000 P             900         A      $6.812500                   D
Common Stock                       12/15/2000 P             1900        A      $6.875000                   D
Common Stock                       12/15/2000 P             800         A      $6.937500                   D
Common Stock                       12/15/2000 P             300         A      $6.812500                   D
Common Stock                       12/15/2000 P             1500        A      $7.000000                   D
Common Stock                       12/15/2000 P             600         A      $7.062500                   D
Common Stock                       12/15/2000 P             1800        A      $7.125000                   D
Common Stock                       12/15/2000 P             600         A      $7.187500  2539757          D
</TABLE>

<PAGE>

<TABLE>
TABLE II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
<CAPTION>
+-------------+--------+----------+---------+-----------+---------------------+----------------+----------+--------+-------+-------+
|1.           |2.      |3.        |4.       |5.         |6.                   |7.              |8.        |9.      |10.    |11.    |
|             |        |          |         |           |                     |                |          |Number  |Owner- |       |
|             |        |          |         |           |                     |                |          |of      |ship   |       |
|             |        |          |         |           |                     |                |          |Deriv-  |Form of|       |
|             |        |          |         |           |                     |Title and Amount|          |ative   |Deriv- |       |
|             |        |          |         |           |                     |of Underlying   |          |Secur-  |ative  |Nature |
|             |Conver- |          |         |Number of  |                     |Securities      |          |ities   |Secur- |of     |
|             |sion or |          |         |Derivative |Date Exercisable     +-------+--------+          |Benefi- |ity:   |In-    |
|             |Exercise|          |         |Securities |and Expiration Date  |       |Amount  |          |cially  |Direct |direct |
|             |Price of|Transac-  |Transac- |Acquired(A)|(Month/Day/Year)     |       |or      |          |Owned   |(D) or |Bene-  |
|Title of     |Deriv-  |tion Date |tion Code|Disposed(D)+----------+----------+       |Number  |Price of  |at End  |In-    |ficial |
|Derivative   |ative   |(Month/   +------+--+-----+-----+Date Exer-|Expira-   |       |of      |Derivative|of      |direct |Owner- |
|Security     |Security|Day/Year) |Code  |V |(A)  |(D)  |cisable   |tion Date |Title  |Shares  |Security  |Month   |(I)    |ship   |
+-------------+--------+----------+------+--+-----+-----+----------+----------+-------+--------+----------+--------+-------+-------+
<S>            <C>      <C>        <C>    <C><C>   <C>   <C>        <C>        <C>     <C>      <C>        <C>      <C>     <C>
</TABLE>

Explanation of Responses:

SIGNATURE OF REPORTING PERSON
/s/ Joseph A. Seher

DATE
01/05/2001


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