FORM 10-K
U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, DC  20549

[X]  ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 (d)
OF THE SECURITIES EXCHANGE ACT OF 1934
For the Fiscal Year Ended March 31, 1997
OR
[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES
EXCHANGE ACT OF 1934

Commission File #0-12293

CANISCO RESOURCES, INC.
(Exact Name of Registrant as Specified in Charter)

DELAWARE                                      No. 54-0952207
(State of Incorporation)                     IRS Employer Identification

300 Delaware Avenue, Suite 714, Wilmington, Delaware  19801
(Address of Principal Executive Offices and Zip Code)

Registrant's Telephone Number, Including Area Code
(302) 777-5050

Securities Registered Pursuant to Section 12 (b) of the Act:  None

Securities Registered Pursuant to Section 12 (g) of the Act:

Common Stock, Par Value $.0025 Per Share

Indicate by check mark whether the registrant (1) has filed all reports 
required to be filed by Section 13 or 15 (d) of the Securities Exchange 
Act of 1934 during the preceding
12 months (or for such shorter period that 
the registrant was required to file such reports),
and (2) has been subject to such filing requirements for the past 90 days.  
Yes [X]  No [  ]

Indicate by check mark if disclosure of delinquent filers pursuant to 
Item 405 of
Regulation S-K is not contained herein, and will not be contained, to the best 
of the registrant's knowledge, in the definitive proxy or 
information statements incorporated by
reference in Part III of this Form 10-K or any amendment 
to this Form 10-K.  [  ]

The aggregate market value held by non-affiliates of the registrant as of 
March 31,1997:
Common Stock, par value $.0025 per share   $4,848,215
	
The number of shares outstanding as of the close of business on 
March 31, 1997,was 2,170,540 shares of Common Stock, 
par value $.0025 per share.



CANISCO RESOURCES, INC. - 1997 Form 10-K Annual Report

Table of Contents
PART I
Item  1.	Business	 3

Item  2.	Properties	 8

Item  3.	Legal Proceedings	 8

Item  4.	Submission of Matters to a Vote of Security Holders	 9

PART II
Item  5.	Market for the Registrant's Common Equity and
	 	Related Stockholder Matters	 9

Item  6.	Selected Financial Data	10

Item  7.	Management's Discussion and Analysis of Financial
		Condition and Results of Operations                       11

Item  8.	Financial Statements and Supplementary Data	16

Item  9.	Changes In and Disagreements with Accountants on
		Accounting and Financial Disclosure	40

PART III
Item 10.	Directors and Executive Officers of the Registrant	40

Item 11.	Executive Compensation	40

Item 12.	Security Ownership of Certain Beneficial Owners
 	and Management	40

Item 13.	Certain Relationships and Related Transactions	40

PART IV
Item 14.	Exhibits, Financial Statement Schedules and
	Reports on Form 8-K	41

DOCUMENTS INCORPORATED BY REFERENCE

Portions of registrant's definitive Proxy Statement for the Annual 
Meeting of Shareholders on
August 12, 1997, are incorporated into Part III as set forth herein.


PART I

ITEM 1    BUSINESS

Canisco Resources, Inc. (stock symbol "CANR"), a Delaware corporation, was 
founded in 1996 as the successor by merger of Nuclear Support Services, 
Inc. (NSSI or the Company) and NSS of Delaware, Inc.  Shareholder 
approval for the merger of NSSI and NSS of Delaware into Canisco
Resources, Inc. was granted at a special meeting of shareholders 
held March 29, 1996.  This merger was also effected pursuant to the 
Company's Amended Joint Plan of Reorganization
which was confirmed by the United States Bankruptcy Court for the Middle 
District of Pennsylvania, Harrisburg on April 24, 1996.

Nuclear Support Services, Inc. was organized in 1973 as a Virginia business 
corporation. The Company's principal business was providing staff 
augmentation service on an "as needed" basis to assist in the 
maintenance and operation of power generation facilities.

From 1987 through 1989, the Company acquired companies which provided valve 
services involving maintenance of valves and valve actuators and 
diagnostic testing of motor-operated valves to the power generation, 
petro-chemical, refining and pulp and paper industries.

In 1990, the Company sold to Westinghouse Electric Corporation the nuclear 
portion of  the valve diagnostic, actuator and valve maintenance 
operations of its subsidiary, Henze-Movats, Inc., in exchange for 
cash and the Numanco and WISCO staff augmentation businesses of
Westinghouse.  The non-nuclear valve and actuator operations was 
retained and renamed Henze Services, Inc. (Henze).

In April 1992, the staff augmentation operations of the Company and that of 
Numanco were consolidated and renamed NSS Numanco, Inc. (NSS Numanco), 
headquartered in Hershey, Pennsylvania.

In June 1993, the Company created a new subsidiary, IceSolv, Inc. 
(IceSolv) to provide dry ice blasting services for decontamination, 
cleaning and preparation of surfaces for the nuclear power,
electrical and other general industries.

Effective October 1, 1993, NSSI acquired two companies, Oliver B. Cannon & 
Son, Inc. and Sline Industrial Painters, Inc., marketed together as 
Cannon Sline.  Cannon Sline provides surface preparation, specialty 
coatings and related services to the power generation, pulp and
paper, and other general industries across the United States.

In March 1995, the Company commenced a restructuring plan which included 
increased emphasis on its more profitable lines of business and a 
shift in focus from staff augmentation to	contract services.

In the first week of September 1995, the Company and its subsidiaries filed 
voluntary bankruptcy petitions under Chapter 11 Reorganization in 
the U.S. Bankruptcy Court for the 
Middle District of Pennsylvania (the "Court") in Harrisburg which 
are jointly administered at Case Number  1-95-1767.  This action 
became necessary to gain access to the Company's own cash for continued
operations when its participant lender refused to continue funding its 
working capital line.  The Company obtained debtor-in-possession 
financing with its agent lender and continued to operate
as debtor-in-possession.

On January 31, 1996, the Company filed its Joint Plan of Reorganization.  An 
Amended Joint Plan of Reorganization (the "Amended Plan") was filed 
and confirmed by the Court on April 24,	1996.  On June 28, 1996 the 
Company met all the requirements of the Amended Plan by
executing the necessary banking documents for securing exit financing.  
The Company exited from bankruptcy on July 1, 1996.

In February, 1996, the sale of the commercial nuclear power staff augmentation 
business of NSS Numanco was sold.  Numanco's remaining business services 
were transferred to the Company's IceSolv, Inc. subsidiary.   
IceSolv remains an operating subsidiary of the Company
pursuant to the reorganization and restructuring plans.

In May 1996, Oliver B. Cannon & Son, Inc. and Sline Industrial Painters Inc. 
were merged pursuant to the Amended Plan.  The surviving entity is 
Cannon Sline, Inc., a Pennsylvania corporation.  Cannon Sline remains 
an operating subsidiary under the reorganization and
restructuring plans.

In June 1996 substantially all the assets of Henze Services, Inc. were sold 
pursuant to the Amended Plan.  This subsidiary was then self-liquidated 
in bankruptcy.

The current structure of Canisco Resources, Inc. reflects these changes.


MARKETS AND SERVICES FOR CANISCO RESOURCES

Canisco Resources, Inc. provides a range of maintenance services on an as-
needed basis primarily to the power generation, petro-chemical and 
pulp and paper industries through the Company's operating subsidiaries.  
The Company's services consist of specialty cleaning,
decontamination, janitorial services, technical support, surface 
preparation and painting and specialty coatings and linings application. 
The Company also provides turnkey identification
system services along with miscellaneous metal, siding and roof 
replacements to its clients.

Power Generation Market

The power generation industry was the largest market for the Company's 
services in fiscal year 1997.  Thirty-one percent (31%) of consolidated 
revenues was attributable to nuclear, fossil fuel,
hydro-electric and other customers whose operations involve the 
production of electricity.  This is a reduction from forty-seven 
percent (47%) in fiscal year 1996 and fifty-three percent (53%) in 
fiscal year 1995. This reduction of dependence on the power generation 
industry is intentional and part of the Company's strategy.

Petro-chemical Market

Twenty-one percent (21%) of the Company's revenues in fiscal year 1997 was 
generated from clients in the petro-chemical and refining industry which 
includes chemical, crude oil and natural 
gas processing compared to twenty-one percent (21%) in fiscal year 1996 and 
seventeen percent (17%) in fiscal year 1995.

Pulp and Paper Market

Pulp and paper facilities serviced by the Company include mills and production 
plants whose primary operations involve the production of paper, 
paperboard and pulp.  Of the Company's consolidated revenues in fiscal 
year 1997, twenty-five percent (25%) was generated from 
customers in this industry compared to eighteen percent (18%) in fiscal year 
1996 and fifteen percent (15%) in fiscal year 1995.

Other Markets Served

The Company provides services to government facilities and state and municipal 
infrastructure as well as automotive, metals and mining, textiles, 
marine and printing industries.  No one of these 
industries is a significant part of the Company's business.  Twenty-three 
percent (23%) of the Company's consolidated revenues during fiscal year 
1997 were generated from services provided 
to this group of industries compared to fifteen percent (15%) in fiscal year 
1996 and sixteen percent (16%) in fiscal year 1995.

The Company's business is impacted by seasonal sensitivity.  Historically, 
demand for the Company's services is highest in the spring through 
fall and lowest during the winter months.  
The Company's assets are not assigned to a particular market.


COMPETITION

The Company's subsidiaries compete with approximately one hundred (100) 
national and/or regional competitors.  Price, quality and customer 
service are the governing factors.

CLIENTS

The Company's clients consist primarily of electric utilities, major oil 
companies, paper companies and other general industry.  Because of the nature 
of the services offered by the Company and the size of the projects 
in which the Company is engaged, a small number of clients, at times, 
account for a significant percentage of the Company's revenues in a given 
fiscal year.

No client represented more than ten percent (10%) of revenues in fiscal years 
1997 and 1996.  For the fiscal year ended September 30, 1995, 
Westinghouse Electric Corporation accounted for sixteen percent (16%) 
of consolidated revenues. 

The Company operates primarily within the United States.  The Company has or 
is performing contracts in Alabama, Arkansas, Arizona, California, 
Colorado, Connecticut, Delaware, Florida, Georgia, Illinois, 
Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, 
Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, New Hampshire, 
New Jersey, New Mexico, New York, North Carolina, Ohio, Oregon, 
Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, 
Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, 
and Wyoming.

The Company's contracts with its clients provide for charges for services on a 
time and material, fixed-price and/or modified fixed-price basis.  
The time and materials contracts generally permit the client to control 
the amount, type and timing of services to be performed by the Company, 
and most of the contracts permit the client to terminate the contract with 
appropriate notice.  The Company's clients often modify the nature 
and timing of services to be performed.  The fixed-
price and modified fixed-price contracts are recognized on the percentage of 
completion method and are measured by the cost-to-cost method.  
Revenues from time and material contracts are 
recognized as work progresses.  Provisions for estimated losses on 
uncompleted contracts are made in the period in which losses are determined.

The Company's uncompleted contracts include both undetermined and specific 
dollar contracts for services.  The Company has found that the 
undetermined dollar contracts are longer term and 
give it more flexibility in being responsive to customers' needs.  
Due to the number and nature of undetermined dollar contracts and 
customer scheduling changes which may effect the timing of 
contract initiation and completion, it is difficult for management 
to place an exact dollar value on its present uncompleted contracts.

INSURANCE

In addition to insurance required by statute, the Company maintains insurance 
coverage for general liability.  Based on scope of their operations, 
subsidiaries maintain environmental and pollution liability insurance 
as may be applicable.

PERSONNEL

The seasonality of the business causes the employment of the Company to vary 
widely throughout the year.  During the fiscal year ended March 31, 1997, 
the number of personnel employed at one time by the Company fluctuated 
between approximately 450 and 850.

Managerial and clerical employees of the Company and its subsidiaries are not 
affiliated with a union nor are the project related employees of IceSolv.  
Cannon Sline, Inc. utilizes union labor for field projects on an 
as-needed basis.  Pertinent collective bargaining agreements to which 
Cannon Sline is signatory are: Collective bargaining agreements between 
District Council No. 21 Brotherhood of Painters and Allied Trades, 
and the Associated Master Painters and Decorators of 
Philadelphia and Vicinity and Cannon Sline (expires 04/30/01); 
National Power Generating Facilities Agreement between IBPAT, 
AFL-CIO-CFL and Cannon Sline; Corrosion Control 
Agreement in Industrial Plants between IBPAT, AFL-CIO-CFL and 
Cannon Sline; Fire-Retardant Coatings Agreement between IBPAT, 
AFL-CIO-CFL and Cannon Sline; National Tank Agreement between 
IBPAT, AFL-CIO-CFL and Cannon Sline; National Rubberlining 
Agreement between the International Brotherhood of Boilermakers, Iron 
Shipbuilders, Blacksmiths, Forgers and Helpers, AFL-CIO and 
Cannon Sline; National  Bridge & Tunnel 
Agreement between IBPAT, AFL-CIO-CFL and Bridge Painting Contractors; 
National Erectors Association National Maintenance Agreement 
between IBPAT, AFL-CIO-CFL and Cannon 
Sline, and, Installation of Corrosion Proof Materials Agreement 
between the Operative Plasterers and Cement Masons International 
and Cannon Sline.  Unless otherwise noted, the foregoing 
agreements provide for annual renewal absent written notice.  
Cannon Sline does not expect any 
significant difficulty in renewing any of  its agreements.

The following table sets forth the demographics of the Company's employees for 
the period indicated.

<TABLE>
<CAPTION>
Description				              	                      At Fiscal Year End
<S>                                       <C>            <C>         <C>
                                          		1995         	1996        1997

Union Project Personnel		                    630		         454		       432

Non-Union Project Personnel              		  754         		215       		 83

Clerical, Administrative,
Sales and Management Personnel            	  172         		130	       	 83

Total Personnel                        				1,556         		799	       	608
</TABLE>
ITEM 2  PROPERTIES

The Company and its subsidiaries maintain office and shop/storage facilities 
suitable to support operations.  These facilities are geographically 
located to provide effective customer service:

The following properties are owned: Philadelphia, PA, 19143; Lakeland, FL, 
Lake Charles, LA;  Houston, TX; and Jacksonville, FL.

The following properties are leased:  Longview, WA; Kennewick, WA; Palmyra, 
PA; Cinnaminson, NJ; Sacramento, CA; Brunswick, OH; Atlanta, GA; and 
Wilmington, DE.

There are no major encumbrances on the real properties with the exception of 
liens granted to the Company's lenders on the Philadelphia, PA; 
Lakeland, FL; Houston, TX; Lake Charles, LA and 
Jacksonville, FL properties.

ITEM 3     LEGAL PROCEEDINGS

The Company or its subsidiaries are involved in various claims and legal 
actions arising in the ordinary course of business.  In the opinion of 
management, the ultimate disposition of these matters will not have a 
material adverse effect on the Company's consolidated financial position.

On September 1, 1995, Oliver B. Cannon & Son, Inc., a wholly owned subsidiary 
of the Company (Nuclear Support Services, Inc.), filed a voluntary 
petition under Chapter 11 of the Bankruptcy Code.  On September 5, 1995, 
the Company and its other subsidiaries also filed for 
protection under Chapter 11.  Those subsidiaries are Sline Industrial 
Painters, Inc., NSS Numanco, Inc., NSS of Delaware, Inc., IceSolv, Inc., 
and Henze Services, Inc.  All cases were filed in the United States 
Bankruptcy Court for the Middle District of Pennsylvania in 
Harrisburg.  A number of first day orders were presented to the Court, 
including an order allowing joint administration under the style 
and case of the parent, Nuclear Support Services, 
Inc. at case number 1-95-01767.  From the dates of the petitions, 
all of the debtors continued to operate their business as 
debtors-in-possession under Section 1107 (a) of the Bankruptcy Code.  
On January 31, 1996, the Company filed its Joint Plan of Reorganization.  
The Amended Plan was filed and confirmed by the Court on April 24, 1996.  
On June 28, 1996 the Company met all the requirements of the 
Amended Plan by executing the necessary banking documents for 
securing exit financing.  The Company exited bankruptcy on July 1, 1996.

ITEM 4     SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

None



PART II

ITEM 5     MARKET FOR THE REGISTRANT'S COMMON EQUITY AND RELATED          
                  STOCKHOLDER MATTERS

Canisco Resources, Inc. had  2,170,540 shares of common stock outstanding and 
391 shareholders of record at the end of fiscal year 1997.  The Company's 
common stock traded on the NASDAQ Stock Market under the symbol 
"NSSI" until May 20, 1996 at which time the Company commenced trading 
on the NASDAQ Small Cap Market under the symbol "CANR".  
The above was the result of the merger of Nuclear Support Services, 
Inc. into Canisco Resources, Inc. in accordance with the Company's 
plan of reorganization.  The number of shares of common 
stock and shareholders of record did not change.
<TABLE>
<CAPTION>
Stock Highlights


               			FY 1997		            FY 1996*		              FY 1995
<S>           <C>      <C>           <C>      <C>            <C>       <C>
Quarter                     
 ending:        High     Low           High     Low            High     Low
   
06/30          2 5/8    2 1/8           *          *           4 1/8    2 1/4

09/30          3 1/8    2 1/4           *          *           2 3/4    1 7/8

12/31          5        2 7/8         1 5/8     1 1/4          2 3/8    1 1/2

03/31          4 1/4    2 5/8         3 1/8     1 1/4          2 3/4      3/4

*   Fiscal year 1996 was an abbreviated year of six months. 

ITEM 6     SELECTED FINANCIAL DATA

Financial Highlights for the Fiscal Year End 
(in thousands except per share amounts)


</TABLE>
<TABLE>
<CAPTION>
       		                      1997 (1) 	1996(2) 	1995(3)	1994(4)*	 1993(5)*	
<S>                           <C>       <C>     <C>      <C>       <C>
Revenues		                     $50,195  	$32,931	$83,116	 $83,729	  $49,405	
Income (loss)
  before reorganization
  costs and income taxes		       1,180	      736	   (830)	   (236)  	(2,250)
Income (loss) from 
  continuing operations		          525	     (357)	  (844)	   (125)  	(1,492)	
Net earnings (loss)		              452	   (1,508)	(2,849)	   (642)	  (2,997)	
Net earnings (loss)
  per share		                     0.21	    (0.69)	 (1.31)	  (0.30)	   (1.38)	
Total assets		                  21,301    	26,101	39,389 	 35,489   	22,780	
Total long-term debt		          11,274	     5,587	 5,587	  15,946	    8,935	
Liabilities subject
  to compromise		                   -	      5,262 	8,146	      -	        -	
Equity per share		                1.20	      0.99  	1.69	    3.00	     3.29	
Return on average
  equity		                          19%	       -	     -	       -	        -
	Weighted average
   common and common
   equivalent shares		           2,170	     2,169	 2,169	   2,169	    2,167


(1) Reflects net reorganization expenses of approximately $600,000 and 
settlement of the Westinghouse litigation.

(2)   Fiscal year end change from September 30th to March 31st and reflects 
the discontinuance of Henze operations and includes approximately $1.1 
million in reorganization costs.

(3)   Reflects the discontinuance of Henze operations, a write-off of 
approximately $3.4 million for business restructuring activities and 
an accrual of $750,000 for Federal income tax relating to a prior year.

(4)   Purchased Oliver B. Cannon & Son, Inc. and Sline Industrial Painters, 
Inc. (Cannon Sline)

(5)   Reflects a goodwill and intangibles write-off of approximately $2.4 
million.

*    These years have been restated to present Henze as discontinued 
operations.
</TABLE>
ITEM 7     MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL    
                  CONDITION AND RESULTS OF OPERATIONS

All results reported herein for fiscal year 97, fiscal year 95 
and fiscal year 94 are for a full year compared to fiscal year 96 data which
is for an abbreviated year of six months resulting from a change
in fiscal year to end March 31 versus September 30.

During fiscal 1995, the Company determined that the valve repair business as 
then currently conducted by its Henze subsidiary, did not fit the
Company's future strategy.  Effective June 6, 1996, the Company 
divested of substantially all the assets and business of its Henze subsidiary 
and it is identified in the financial statements as a discontinued operation.  
As a result, the line items on the Company's Consolidated Statement of 
Operations from "Revenues from services" through "Income (Loss) from 
continuing operations" (inclusive) are presented absent the effects 
of Henze's operations (which are identified as discontinued operations and 
presented as a separate line item on a net basis).  Results from 
continuing and discontinued operations are then 
combined to produce net earnings (loss).  Results of operations for fiscal 
year 1994 are restated accordingly.

Results of Operations 1997 Compared to 1996

Fiscal year 1997 revenues were $50,195,000 compared to $32,931,000 for fiscal 
year 1996.  The decrease on an annualized basis was due to the sale of 
NSS Numanco in February, 1996 and the sale of Henze in June, 1996.  
The power generation market contributed $15,592,000 or thirty-one 
percent (31%) of the 1997 total revenues compared to $15,596,000 or forty-
seven percent (47%) of fiscal year 1996 revenues.  The petro-chemical 
business remained constant on a percentage basis at twenty-one 
percent (21%).  The pulp and paper market contributed twenty-five percent 
(25%) of revenue in 1997 versus eighteen (18%) in fiscal year 1996.  The 
revenue contribution of all other markets collectively was twenty-three 
percent (23%) compared to fourteen percent (14%) in fiscal year 1996.  
The contribution of the various markets reflect the diversification 
strategy of the Company.

The gross margin of the Company was $9,538,000 compared to $4,987,000 for the 
six month 1996 fiscal year.  As a percent of revenue, gross margin was 
nineteen percent (19%) compared to fifteen percent (15%) in fiscal year 
1996.  This increase in gross margin percentage is due to the 
divestiture of the staff augmentation business, which traditionally 
depressed gross margins on a consolidated basis. 

General and administrative expenses were $7,829,000 compared to $4,579,000 for 
the prior year. This increase was due to the full 12 month fiscal year 
offset somewhat by reduced expenses as a result of the Reorganization.

Income from operations increased to $1,709,000 from $407,000.  This increase 
was attributable to the full year business period along with increases in 
gross margin and decrease in general and administrative expenses.

Interest expense for the year was $963,200 compared to $670,000 in fiscal year 
1996.  The increase was due to the full twelve month fiscal period 
compared to the prior year offset somewhat by the reduction in 
interest rates and reduction of debt.

The Company had other expenses, net of income, of $169,000 and $148,000 for 
fiscal years 1997 and 1996 respectively.  In 1997 significant items were 
reorganization expenses, gain on the discount of compromised liabilities 
and settlement of the litigation against Westinghouse.  In 
fiscal year 1996, significant items were reorganization expenses and gain on 
the sale of the Company's NSS Numanco subsidiary.

Accrued income tax expense for fiscal year 1997 was $52,000 net of 
approximately $300,000 resulting from settlement of a prior period 
tax audit compared to a tax benefit of $54,000 for the 
fiscal year ended March 31, 1996.

Net income from continuing operations was $525,000 or 24 cents per share 
compared to a loss of $357,000 or 16 cents per share a year ago.  Losses 
attributable to discontinued operations were approximately $73,000 
compared to a loss of $1,151,000 in the prior fiscal year.

Combining the results of continuing and discontinued operations the Company 
posted a net income of $452,000 or $0.21 per share compared to a 
loss of $1,508,000 or $0.69 per share a year ago.

Results of Operations 1996 Compared to 1995

Fiscal 1996 revenues were $32,931,000 compared to $83,116,000 for fiscal year 
1995.  The decrease on an annualized basis was due to the sale of NSS 
Numanco in February, 1996.  The power generation market contributed 
$15,596,000 or forty-seven percent (47%) of 1996 total 
revenues compared to $44,255,000 or fifty-three percent (53%) of fiscal year 
1995 revenues.  The petro-chemical business accounted for twenty-one 
percent (21%) of revenues compared to seventeen percent (17%) in 
fiscal year 1995.  The pulp and paper market contributed eighteen 
percent (18%) of revenue in 1996 versus fifteen percent (15%) in fiscal year 
1995.  The revenue contribution of all other markets collectively was 
fourteen percent (14%) compared to fifteen percent (15%) in fiscal 
year 1995.  The contribution of the various markets reflect the 
diversification strategy of the Company.

The gross margin of the Company was $4,987,000 compared to $12,901,000 for 
fiscal year 1995. As a percent of revenue, gross margin was consistent at 
approximately fifteen percent (15%).


General and administrative expenses decreased to $4,579,000 from $12,177,000 
the prior year.  This decrease was due to the abbreviated fiscal year, 
deletion of prior year one-time expenses and reduced expenses as a 
result of the Reorganization.

Income from operations decreased to $407,000 from $724,000 primarily due to 
the abbreviated fiscal year.

Interest Expense decreased to $670,000 from $1,554,000 in fiscal year 1995 as 
a result of the abbreviated fiscal year and reduction of debt.

Gain on the sale of NSS Numanco and miscellaneous income totaled approximately 
$1,000,000 in fiscal 1996.  These gains were offset by reorganization 
expenses of $1,147,000.

Net loss from continuing operations for fiscal year 1996 was $357,000 compared 
to $844,000 the prior year.  Losses attributable to discontinued operations 
were $586,000 from operations and $565,000 for disposal of assets, 
both net of income tax benefits.  Combining the losses from 
continuing and discontinued operations, the Company posted a net loss of 
$1,508,000 or $0.69 per share versus $2,849,000 or $1.31 per share 
loss for the prior year.

Results of Operations 1995 Compared to 1994

Fiscal year 1995 revenues were $83,116,000 compared to $83,729,000 for fiscal 
year 1994.  The power generation market contributed $44,255,000 or 
fifty-three percent (53%) of 1995 total revenues compared to 
$54,361,000 or sixty-five percent (65%) of fiscal year 1994 revenues.  The 
petro-chemical business accounted for seventeen percent (17%) of revenues 
compared to fourteen percent (14%) in fiscal year 1994.  The pulp and 
paper industry contributed fifteen percent (15%) of revenue in 1995 
versus eleven percent (11%) in fiscal year 1994.  The revenue 
contribution of all other businesses collectively was fifteen percent (15%) 
compared to ten percent (10%) in fiscal year 1994.  These shifts in market 
contribution reflect the effectiveness of 
the Company's diversification strategy.

The gross margin increased nine percent (9%) in 1995 to $12,901,000 
attributable to the Company's focus on its more profitable lines of 
business.  Margin contribution from the power 
generation industry decreased fourteen percent (14%) to $6,376,000.  These 
were more than offset by gains from the petro-chemical, pulp and paper 
and other industries combined which 
contributed $6,525,000 compared to $4,460,000 the prior year.

General and administrative expenses increased to $12,177,000 from $10,932,000 
in fiscal year 1994.  The increase in 1995 included one time business 
restructuring expenses of $2,209,000.  
Net of these expenses, general and administrative expenses decreased to 
$9,968,000 or twelve percent (12%) of revenues compared to thirteen 
percent (13%) in fiscal year 1994.


Income from operations decreased to $724,000 from $909,000 in fiscal year 1994 
as gains made in gross margin and reduction of ongoing general and 
administrative expenses were offset in 
1995 by the one-time business restructuring expenses.

Interest expense increased from the prior year by $313,000 to $1,554,000.  
This increase was attributable to higher interest rates for 1995 over 1994.

As a result of recognizing an income tax accrual of $750,000 related to prior 
years, offset somewhat by a reduction in its valuation allowance, the 
Company's income tax benefit was only 
$171,000.  Fiscal year 1994 had an income tax benefit of $111,000.

Net loss from continuing operations in 1995 was $844,000 compared to a loss of 
$125,000 for fiscal year 1994 primarily due to the restructuring expenses 
of $2,209,000 noted above.  Losses 
attributable to discontinued operations were $2,005,000 versus $518,000 a year 
ago.  Combining the loss from continuing operations and discontinued 
operations, the Company posted a net loss 
of $2,849,000 or $1.31 per share loss for the year compared to a loss of 
$642,000 or $0.30 per share loss in fiscal year 1994.

Liquidity and Capital Resources

The Company's ability to generate cash adequate to meet its needs depends 
primarily upon payments for its services and periodic bank borrowings.  
These sources of liquidity are reduced by the payment of direct costs, 
taxes, purchase of property and equipment and periodic 
repayment of the Company's revolving line of credit and term debt.

The Company was operating as a Debtor-In-Possession under the terms of Chapter 
11 Reorganization of the United States Bankruptcy Code, Case Number 1-95-01767 
prior to its emergence from bankruptcy on July 1, 1996.  
As of March 1, 1996 the Company entered into a 
cash collateral stipulation allowing it to use its own cash for continued 
operations.

The use of cash collateral continued through July 1, 1996, when the Company 
secured financing with a new lender, BNY Financial Corporation.  
This refinancing consists of a five year commitment for an $11,000,000 
revolving credit line and $3,900,000 in long term debt.

At March 31, 1997, the Company had borrowed approximately $5,400,000  on its 
revolving credit line of $11,000,000 and had an outstanding principal 
balance of $3,315,000 on its long term secured loan obligation.  
The Company is in compliance with the debt covenants as 
amended from time to time.


At March 31, 1997, the Company had working capital of approximately $5,269,000 
compared to working capital of $4,050,000 for fiscal year end 1996.  
The increase in working capital was due primarily to the decrease in 
notes payable to the bank which was reclassified to long term debt, 
offset somewhat by the disposition of assets due to the sale of NSS Numanco 
and Henze.

The Company anticipates that working capital and available bank credit will be 
sufficient to meet cash needs for the coming year.  Capital expenditures of 
approximately $600,000 are budgeted for fiscal year 1998 for upgrading 
equipment to support existing and expected future contract work.

Looking Forward

Having accomplished the corporate restructuring and return to profitability, 
the Company anticipates continued profitability going forward.  Of course, 
this will depend on several factors including continued favorable 
economic conditions in the markets served by the Company and a
reasonable competitive environment.

Cautionary Statement

Statements in this Report on Form 10K which express the "belief", 
"anticipation" or "expectation", as well as other statements which are 
not historical fact, are forward-looking statements within the 
meaning of the Private Securities Litigation Reform Action of 1995 and 
involve risks and uncertainties that could cause actual results to differ 
materially from those projected.


CANISCO RESOURCES, INC.
(formerly Nuclear Support Services, Inc.)

Consolidated Financial Statements

March 31, 1997 and 1996 and September 30, 1995 and 1994


With Independent Auditors' Report Thereon

Independent Auditors' Report


The Board of Directors and Shareholders
Canisco Resources, Inc.:


We have audited the accompanying consolidated balance sheets of Canisco 
Resources, Inc. (formerly Nuclear Support Services, Inc.) and subsidiaries 
as of March 31, 1997 and 1996, and the related consolidated statements 
of operations, shareholders' equity, and cash flows for the 
year ended March 31, 1997, the six months ended March 31, 1996, and the years 
ended September 30, 1995 and 1994.  These consolidated financial statements 
are the responsibility of the Company's management.  Our responsibility 
is to express an opinion on these consolidated financial statements based 
on our audits.

We conducted our audits in accordance with generally accepted auditing 
standards.  Those standards require that we plan and perform the audit  
to obtain reasonable assurance about whether the consolidated financial 
statements are free of material misstatement.  An audit 
includes examining, on a test basis, evidence supporting the amounts and 
disclosures in the financial statements.  An audit also includes 
assessing the accounting principles used and significant estimates 
made by management, as well as evaluating the overall financial statement 
presentation.  We believe that our audits provide a reasonable basis for our 
opinion.

In our opinion, the consolidated financial statements referred to above 
present fairly, in all material respects, the financial position of 
Canisco Resources, Inc. and subsidiaries at March 31, 1997 and 1996, 
and the results of their operations and their cash flows for 
the year ended March 31, 1997, the six months ended March 31, 1996, 
and the years ended September 30, 1995 and 1994, in conformity with 
generally accepted accounting principles.


May 23, 1997
Atlanta, Georgia

<TABLE>
<CAPTION>
CANISCO RESOURCES, INC.
(formerly Nuclear Support Services, Inc.)

Consolidated Balance Sheets

March 31, 1997 and 1996

                Assets                         1997	           1996
<S>                                       <C>             <C>  
Current assets:
	Cash and cash equivalents	                $	1,308,225	       550,432
	Accounts receivable
 (notes 3 and 5):
		Billed, less allowances of $199,050 
			and $760,965 at March 31, 1997 and 
			1996, respectively	                      8,637,956	     10,567,409
		Unbilled	                                   222,193	      1,159,966
		Other			                                    209,885		       378,436
				Total accounts receivable		             9,070,034	     12,105,811

	Inventory (note 5)	                          407,166      	1,177,691
	Deferred income taxes (note 6)	              391,000	      2,005,000
	Prepaid expenses and other current
  assets                                  	 1,590,187      	1,540,655
	Costs and estimated earnings
  in excess of billings on
  uncompleted contracts (note 3)            	 924,075		     1,837,958
				Total current assets	                  13,690,687	     19,217,547

Property and equipment (note 5):
	Land			                                     954,100        	 964,100
	Buildings and improvements	               1,085,812	       1,422,687
	Machinery and equipment	                  2,378,759	       7,573,640
	Furniture and fixtures	                     374,803	       1,213,809
	Vehicles			                                 419,921		        707,995
						                                     5,213,395	      11,882,231
	Less accumulated depreciation		           1,543,280      		6,277,851
							                                    3,670,115		      5,604,380

Deferred income
 taxes (note 6)	                           2,297,000	       1,007,000
Intangible pension asset (note 7)	         1,009,474            	-
Other assets			                              633,675	       	 272,370
									

				Total assets	                       $	21,300,951	      26,101,297

See accompanying notes to consolidated financial statements.
</TABLE>
<TABLE>
<CAPTION>
	Liabilities and Shareholders' Equity	       1997	             1996
<S>                                     <C>               <C>
Current liabilities:
	Notes payable (note 5)	                  $	756,969	        1,190,007
	Notes payable to bank (note 5)                	-	          3,683,354
	Current portion of long-term
  debt (note 5)	                          2,053,314	        2,062,524
	Accounts payable (note 4)	               2,092,506	        1,857,874
	Accrued payroll and
  employee benefits (note 4)	             1,442,713	        1,795,679
	Billings in excess of costs
  and estimated earnings
		on uncompleted contracts (note 3)	        516,617	          784,278
	Other accrued expenses (note 4)		        1,559,913		       3,793,400
				Total current liabilities	            8,422,032	       15,167,116

	Liabilities subject to
  compromise under reorganization 
		proceedings (note 4)	                         -	         5,262,285
	Note payable to bank (note 5)	           5,412,020	             -
	Long-term debt, less current
  portion (note 5)	                       3,808,314	       3,524,000
	Accrued pension cost (note 7)		          1,052,197		            -
				Total liabilities	                   18,694,563	      23,953,401

Shareholders' equity (note 9):
	Common stock, $.0025 par value,
  authorized 10,000,000 shares,
  issued 2,477,592 and 2,476,242
	 shares at March 31, 1997 and
  1996, respectively; 
		outstanding 2,170,540 and
  2,169,190 shares at 
		March 31, 1997 and 1996,
  respectively	                              6,194	           6,190
	Additional paid-in capital	             3,478,576	       3,472,506
	Retained earnings	                      3,751,755	       3,299,337
	Treasury stock, at cost		              (4,630,137)	     (4,630,137)
				Total shareholders'equity           	2,606,388	       2,147,896

Commitments and
 contingencies (notes 7 and 11)
							

				Total liabilities and
     shareholders' equity	            $	21,300,951	      26,101,297
</TABLE>
<TABLE>
<CAPTION>
CANISCO RESOURCES, INC.
(formerly Nuclear Support Services, Inc.)
Consolidated Statements of Operations
Year ended March 31, 1997, Six Months ended March 31, 1996,
and Years ended September  30, 1995 and 1994

                                             Six months
	                                Year ended	   ended         Years ended
	                                 March 31,	  March 31,     September 30,
	                                   1997	       1996       1995        1994
<S>                            <C>          <C>        <C>        <C>
Revenues from services (note 8)	$ 50,195,491	32,930,854	83,115,904	83,729,024
Cost of services	                 40,657,144	27,944,340	70,215,224	71,887,234
				Gross margin	                  9,538,347	 4,986,514	12,900,680	11,841,790

General and administrative
 expenses		                       7,829,001		4,579,371 	12,176,557	10,932,301
				Income from operations	       1,709,346 	  407,143	    724,123	   909,489

Interest expense	                  (963,120)	 (670,457)	(1,554,135)(1,241,150)
Gain on sale of Numanco
 subsidiary (note 10)	                  -	     883,232        	-	         -
Other income (expense), net		       433,440		  116,364		      (190)		  96,133
				Income (loss) before
     reorganization
					costs and income taxes	      1,179,666	   736,282	   (830,202)  (235,528)

Reorganization costs:
	Professional fees	                (996,371)(1,147,074)  	(185,019)	      -
	Gain on discount of
 compromised 
	liabilities (note 4)		            393,518	        -           	-     		  -
		Income (loss) from continuing
			operations before income
   taxes 	                          576,813	  (410,792)	 (1,015,221)	(235,528)

Income tax expense
 (benefit) - (note 6)		              51,690		  (54,000)	   (171,000)	(111,000)
				Income (loss) from
     continuing operations		        525,123		 (356,792)   	(844,221)	(124,528)

Discontinued operations
 (note 10):
	Loss from operations of
  discontinued
		subsidiary (net of income
  tax benefit of
		$243,069, $1,080,000, and
  $424,000	in 1996, 1995, and
  1994, respectively)	                  -     (586,029) (2,004,755) (517,765)
	Loss from disposal of
  discontinued subsidiary
		(net of income tax benefit
   of $48,470 and	$335,000
   in 1997 and
   1996, respectively)		           (72,705)   (565,000)         -        - 
				Loss from discontinued
     operations		                  (72,705)	(1,151,029)	(2,004,755)	(517,765)

				Net earnings (loss)	        $		452,418	 (1,507,821)	(2,848,976)	(642,293)

Earnings (loss) per share:
	Continuing operations	              $	.24	       (.16)	      (.39)     (.06)
	Discontinued operations	             (.03)	      (.53)      	(.92)     (.24)

				Net earnings (loss)
       per share	                    $	.21	       (.69)	     (1.31)	    (.30)

Weighted average common
 and common
	equivalent shares	              2,169,865  	2,169,190  	2,169,190 2,169,190

See accompanying notes to consolidated financial statements.
</TABLE>
<TABLE>
<CAPTION>
CANISCO RESOURCES, INC.
(formerly Nuclear Support Services, Inc.)

Consolidated Statements of Shareholders' Equity

Year ended March 31, 1997, Six Months ended March 31, 1996,
and Years ended September 30, 1995 and 1994

		        Common stock                        	  Treasury stock          
          Number             Add'l               Number
            of              paid-in   Retained 	   of
	         shares	 Amount	   capital  	earnings   shares	 Amount	   Total
<S>     <C>       <C>     <C>       <C>       <C>     <C>          <C>
Balance
at
9/30/93  2,476,242	$	6,190	3,494,542	8,298,427	309,022	$(4,659,843) 7,139,316
Exercise
 of
 options		   -		        -		  (22,036)	   -		    (1,970)	    29,706      7,670
Net loss		   -	        	-		    -		    (642,293)		  -		         - 		  (642,293)
Balance
at
9/30/94	 2,476,242	  6,190	3,472,506	7,656,134	307,052	 (4,630,137)	6,504,693

Net loss		   -		       -     		-	   (2,848,976)		  -		         -	  (2,848,976)
Balance
at
09/30/95	2,476,242	  6,190	3,472,506	4,807,158	307,052	 (4,630,137)	3,655,717

Net loss		   -		       -		     -	   (1,507,821)		  -		         -	  (1,507,821)
Balance
at
03/31/96 2,476,242	  6,190	3,472,506	3,299,337 307,052  (4,630,137) 2,147,896

Exercise
of
options      1,350 	     4	    6,070	    -         	-	         -	       6,074
Net
earnings     -       	-      		-		     452,418		   -		         -		    452,418

Balance
at
03/31/97	2,477,592 $ 6,194	3,478,576 3,751,755 307,052 $(4,630,137) 2,606,388

See accompanying notes to consolidated financial statements.
</TABLE>
<TABLE>
<CAPTION>
CANISCO RESOURCES, INC.
(formerly Nuclear Support Services, Inc.)

Consolidated Statements of Cash Flows

Year ended March 31, 1997, Six Months ended March 31, 1996,
and Years ended September 30, 1995 and 1994

		                                               Six months
	                             Year ended	        ended         Years ended
	                              March 31	         March 31		   September 30,	
	                                1997             1996    	 1995	     1994
<S>                       <C>              <C>         <C>        <C>
Cash flows from
 operating activities:
	 Net earnings (loss)       $  452,418	     (1,507,821)	(2,848,976)	(642,293)
	Adjustments to reconcile
  net earnings (loss)
		to net cash provided
  by operating activities:
			Depreciation
    and amortization	          644,467	        837,393	 1,441,179	 1,493,619
			Deferred income
    taxes                     	324,000	       (515,000)(1,197,000)  (583,000)
			Gain on sale of
    Numanco subsidiary	            -	         (883,232)	      -	         -
			Loss accrued on
    disposal of
    discontinued 
				subsidiary	                    -	          900,000       	-         	-
			Gain on discount
    of compromised
    liabilities	              (393,518)	           -	         -	         -
			Other-                      116,080 	         1,640	       373        -
	Change in assets
  and liabilities
  net of effects
		from purchases
  and sales of             
  subsidiaries:
			Decrease
   (increase)
   in accounts
   receivable	              3,035,777      8,997,213 	(4,774,332) 2,700,422
			(Increase)
    decrease
    in
    inventory	                (39,141)	       28,726	    428,734	  (290,808)
			(Increase)
    decrease
    in prepaid
    expenses 
				and other
    current
    assets	                  (213,511)	       38,190	 2,118,394	  (442,617)
			Decrease
    (increase)
    in costs and
    estimated
				earnings in excess
    of billings on
   	uncompleted
    contracts	               913,883	       922,481 	(1,399,176)	1,054,379
			Decrease
    (increase)
    in other
    assets	                  272,217	      (267,495)	   129,100	   139,357
			(Decrease)
    increase in
    accounts payabl	        (708,278)    (2,521,433)	 4,853,357	   994,149
			Increase
    (decrease)
    in accrued
    payroll	and
    employee
    benefits	                787,047	    (1,230,826)	   248,683	  (413,328)
			(Decrease)
    increase
    in other
    accrued
    expenses	             (2,715,328)	     (775,286) 	1,304,819   	734,420
			(Decrease)
    increase
    in billings
    in excess 
				of costs
    and
    estimated
    earnings on 
				uncompleted
    contracts		             (267,661)		       4,557		   411,140	(1,929,331)
					Net cash
      provided
      by
      operating
      activities	          2,092,372	     4,143,547    	717,562	 2,815,342
Cash flows
 from investing
 activities:
	Purchase
  of property
  and equipment	            (117,075)	      (22,686)	  (534,809)  (986,975)
	Sale of property
  and equipment                 	-   	       44,019	      5,887	    45,348
	Purchase of
  marketable
  securities                    	-             	-   	  (218,427)      	-    
	Sale of
  marketable
  securities	                    -   	      325,924	     37,232       	-    
	Acquisition
  of
  businesses,
  net of
  cash acquired	                 -   	          -   	       -  	(8,315,335)
	Proceeds from
  sale of
  Numanco
  subsidiary	                    -   	    2,350,000	        -    	     -    
	Proceeds
  from
  sale
  of Henze
  subsidiary	              1,200,000		          -   		      -         	-    
					Net cash
      provided
      (used)
      by
      investing 
						activities	          1,082,925	     2,697,257		  (710,117)	(9,256,962)

Cash flows from
 financing activities: 
	 Net borrowings
  (payments) on
  notes payable	        $	 1,295,628     (8,107,298)  1,086,033  	1,568,162
	Proceeds from
  long-term debt	          3,900,000	           -   	       -   	 7,000,000
	Debt issuance costs	       (745,522)	          -   	       -   	       -   
	Principal payments
 on long-term debt	       (6,873,684)	      (32,341) (1,155,158)   (455,283)
	Exercise of stock
  options		                    6,074		          -    		     -   		    7,670
					Net cash
      provided
      (used) by
						financing
      activities	         (2,417,504)	   (8,139,639)		 (69,125)	  8,120,549

					Net increase
      (decrease)
      in cash 
						and cash
      equivalents	           757,793	    (1,298,835)	  (61,680)	  1,678,929

Cash and cash
 equivalents at
 beginning of period		       550,432     	1,849,267	 1,910,947    		232,018

Cash and cash
 equivalents at end
 of period	              $	1,308,225		      550,432	 1,849,267	   1,910,947

Cash paid during
 the period for:
	Interest		              $	1,004,516		      738,566	 1,861,850	   1,247,760

	Income taxes	             $		23,654		       10,407		  123,113		    363,798

Supplemental
 disclosure of
 noncash financing 
	activity -
 increase in
 intangible asset
 resulting	from
 minimum pension
 liability adjustment	   $	1,009,474		            -   		     -         	-

See accompanying notes to consolidated financial statements
</TABLE>



CANISCO RESOURCES, INC.
(formerly Nuclear Support Services, Inc.)

Notes to Consolidated Financial Statements

Year ended March 31, 1997, Six Months ended March 31, 1996,
and Years ended September 30, 1995 and 1994

(1)    Plan of Reorganization and Basis of Presentation
	On September 5, 1995 (the "Petition Date"), Canisco Resources, Inc. 
 (formerly Nuclear Support Services, Inc.) - (the "Debtor") filed a 
 voluntary petition for relief under Chapter 11 of the United 
 States Bankruptcy Code ("Chapter 11") in the United States Bankruptcy
	Court for the Middle District of Pennsylvania in Harrisburg.  Under 
 Chapter 11, certain claims against the Debtor in existence prior to 
 the filing of the petition for relief under the 
	federal bankruptcy laws were stayed while the Debtor continued business 
 operations as Debtor-in-possession.  These claims are reflected in the 
 March 31, 1996 consolidated balance sheet as "Liabilities subject to 
 compromise under reorganization proceedings."  
	The Debtor exited its bankruptcy reorganization on July 1, 1996.

(2)	Summary of Significant Accounting Policies
 (a)	Basis of Consolidation
 The consolidated financial statements include the accounts of Canisco 
 Resources, Inc. 	and its wholly owned subsidiaries (together referred 
 to as the "Company").  All significant intercompany transactions and 
 balances have been eliminated in consolidation.  The results of 
 operations of the Company's Henze Services, Inc. subsidiary are 
 shown as discontinued operations for all periods presented. In 1996, 
 the Company changed its name from Nuclear Support Services, Inc. 
 to Canisco Resources, Inc. and changed its fiscal year-end from 
 September 30 to March 31.

(b)  Accounting Estimates
In preparing the consolidated financial statements, management is 
required to make estimates and assumptions that affect the reported 
amounts of assets and liabilities as of the dates of the consolidated 
balance sheets and income and expenses for the periods
Actual results could differ from those estimates.

(c)	Cash and Cash Equivalents
For purposes of the statements of cash flows, the Company considers 
all highly liquid debt instruments with original maturities of three 
months or less to be cash equivalents.  Included in cash and cash 
equivalents at March 31, 1997 is cash of approximately $1,028,000 
restricted as to use in connection with the Company's workers' 
compensation insurance program.

(d)Revenue and Cost Recognition
Revenues from fixed-price and modified fixed-price construction 
contracts are recognized on the percentage-of-completion method, 
measured by the cost-to-cost method. Revenues from cost-plus-fee 
contracts are recognized on the basis of costs incurred during the  
period plus the fee earned, measured by the cost-to-cost method.

Contract costs include all direct material and labor costs and those 
indirect costs related to contract performance, such as indirect 
labor, supplies, tools, repairs, and depreciation costs. General and 
administrative costs are charged to expense as incurred. Provisions 
for estimated losses on uncompleted contracts are made in the period 
in which such losses are determined.  Changes in job performance, 
job conditions, and estimated profitability, including those arising 
from contract penalty provisions, and final contract settlements 
may result in revisions to costs and income and are recognized in 
the period in which the  revisions are determined.  
Profit incentives are included in revenues when their realization is 
reasonably assured.  An amount equal to contract costs attributable to 
claims is included in revenues when realization is probable and the 
amount can be reliably estimated.

The asset, "Cost and estimated earnings in excess of billings on 
uncompleted contracts," represents revenues recognized in excess of 
amounts billed. The liability, "Billings in excess of costs and 
estimated earnings on uncompleted contracts," represents billings in 
excess of revenues recognized.  Contract retentions are included in 
accounts receivable.

(e)	Inventory
Inventory consists primarily of consumable supplies and is stated at 
the lower of average cost or market.

(f)	Property and Equipment 
Property and equipment are stated at cost less accumulated 
depreciation and amortization. Depreciation is provided using the 
straight-line method over the estimated useful lives of the assets 
ranging from three to 40 years.  Capital leases are included at the 
capitalized amount less accumulated amortization. Amortization of 
capital leases is included in depreciation expense. Leasehold 
improvements are amortized over the shorter of their estimated useful 
lives or the terms of the respective leases.

Maintenance and repairs are expensed when incurred, and expenditures 
for improvements are capitalized. Any gains or losses from the 
disposal of assets are recorded in the year of disposal.

(g)   Stock Option Plan
Prior to April 1, 1996, the Company accounted for its stock option 
plan in accordance with the provisions of Accounting Principles Board 
("APB") Opinion No. 25, Accounting for Stock Issued to Employees, and related 
interpretations.  As such, compensation expense to be recognized over 
the related vesting period would generally be recorded on the date of 
grant only if the current market price of the underlying stock 
exceeded the exercise price.  On April 1, 1996, the Company adopted 
Statement of Financial Accounting Standards No. 123, Accounting for Stock-
Based Compensation ("SFAS 123"), which permits entities to recognize as 
expense over the vesting period the fair value of all stock-based 
awards on the date of grant.  Alternatively, SFAS 123 also allows 
entities to continue to apply the provisions of APB Opinion No. 25 and 
provide pro forma net earnings (loss) and pro forma earnings (loss) 
per share disclosures for employee stock option grants made in fiscal 
1996 and future years as if the fair-value based method defined in 
SFAS 123 had been applied.  The Company has elected to continue to 
apply the provisions of APB Opinion No. 25 and provide the pro forma 
disclosure provisions of SFAS 123.

(h)   Impairment of Long-Lived Assets and Long-Lived Assets to Be Disposed Of
The Company adopted the provisions of Statement of Financial 
Accounting Standards No. 121, Accounting for the Impairment of 
Long-Lived Assets and for Long-Lived Assets to Be Disposed Of, 
on April 1, 1996.  This statement requires that long-lived assets 
and certain identifiable intangibles be reviewed for impairment whenever events
or changes in circumstances indicate that the carrying amount of an 
asset may not be recoverable. Recoverability of assets to be held and 
used is measured by a comparison of the carrying amount of an asset to 
future net cash flows expected to be generated by the asset.  If such 
assets are considered to be impaired, the impairment to be recognized 
is measured by the amount by which the carrying amount of the assets 
exceed the fair value of the assets.  Assets to be disposed of are 
reported at the lower of the carrying amount or fair value less costs 
to sell.  Adoption of this statement did not have a material impact on 
the Company's financial position, results of operations, or liquidity.

(i)	Income Taxes
Deferred income taxes are recognized for the tax consequences of 
"temporarydifferences" by applying enacted statutory tax rates applicable to 
future years to differences between the financial statement carrying 
amounts and the tax bases of existing assets and liabilities.  
Additionally, the effect on deferred taxes of a change in tax rates 
is recognized in earnings in the period that includes the enactment date.

(j)	Concentration of Credit Risk
The Company performs ongoing credit evaluations of its customers and 
generally does not require collateral.  The Company maintains reserves 
for potential credit losses and such losses have been within management's 
expectations.

(k)  Net Earnings (Loss) Per Share of Common Stock
Primary earnings (loss) per common share and common share equivalent 
are based on the weighted average number of shares outstanding and 
common share equivalents derived from dilutive stock options.  Fully 
diluted earnings per share are not significantly different from 
primary earnings per share.

(l)	Reclassifications
Certain reclassifications were made to the 1996, 1995, and 1994 
consolidated financial statements to conform to classifications 
adopted in 1997.

(3)	 Costs and Estimated Earnings on Uncompleted Contracts and Retainage

Costs and estimated earnings on uncompleted contracts are summarized as 
follows:
<TABLE>
<S>                                    <C>            <C>
                          		                     March 31,
  		                                         1997	        1996

Costs incurred on uncompleted contracts	$	69,831,710	  58,747,846
Estimated earnings	                       15,092,433	  11,905,167
	                                         84,924,143	  70,653,013
Less billings to date	                    84,516,685	  69,599,333

                                         	$		407,458  		1,053,680

Included in the accompanying 
 consolidated balance
	sheets under the following captions:
		Costs and estimated earnings 
   in excess of billings on 
   uncompleted contracts	                  $	924,075	   1,837,958
		Billings in excess of costs 
   and estimated earnings on 
   uncompleted contracts                  		(516,617)  		(784,278)

                                         	$		407,458  		1,053,680
</TABLE>
	Accounts receivable billed include amounts retained by customers, in 
 accordance with contract provisions, of approximately $222,000 and 
 $660,000 at March 31, 1997 and 1996, respectively.  These amounts 
 are expected to be collected within one year.

(4)	Liabilities Subject to Compromise Under Reorganization Proceedings
As of March 31, 1996, certain prepetition liabilities were approved by 
the Bankruptcy Court for payment and are included in accounts payable, 
accrued payroll and employee benefits, and other accrued expenses in 
the March 31, 1996 consolidated balance sheet.  
Additionally, secured debt which was eventually paid in full in 
accordance with its original terms is included in notes payable to bank. 
The remainder of the Company's prepetition liabilities whose 
disposition was dependent upon the outcome of the Chapter 11 
proceedings are classified in the March 31, 1996 consolidated balance sheet 
as liabilities subject to compromise under reorganization proceedings.

These liabilities as of March 31, 1996 are summarized as follows:

     Unsecured capital lease obligations	               $	31,308
     Trade accounts payable and other unsecured 
	     liabilities		                                    5,230,977
		                                                   $	5,262,285

In accordance with the bankruptcy reorganization plan, $3,217,480 of the 
Company's prepetition liabilities were compromised and are to be paid 
to creditors in ten equal quarterly payments.  These payments began 
October 1, 1996 and bear interest at 2% per annum.  In accordance 
with Statement of Position 90-7, Financial Reporting by Entities 
in Reorganization Under the Bankruptcy Code, the total payments have been 
discounted at 9% resulting in a gain of $393,518.

(5)	Long-Term Debt and Notes Payable
	Long-Term Debt
<TABLE>
<CAPTION>
            Long-term debt is summarized as follows:
                                                			March 31,
		                                           1997                	1996
<S>                                     <C>                     <C>
Term loan payable to bank, 
 collateralized by the
	Company's accounts receivable, 
 inventory, machinery and equipment, 
 real estate, and general intangibles.  
 The note bears interest at 
	prime + 1.0% (9.30% at March 31, 1997) 
 and is payable in equal monthly 
 installments through June 2001         	$	3,315,000	               -   
Term loan payable to bank; 
 paid off in 1997	                            -                 	5,586,524
Prepetition compromised liabilities, 
 net of discount 
	of $260,000 at March 31, 1997; 
 effective interest 
	rate of 9% payable in equal 
 quarterly installments 
	through January 1,1998	                   2,546,628	               -   
Capital lease obligations		                   -                  		31,308
		                                         5,861,628           	5,617,832
Less current maturities                   	2,053,314	           2,062,524
Less liabilities subject 
to compromise under 
	reorganization proceedings                 		-                  		31,308
		                                       $	3,808,314	           3,524,000

</TABLE>
<TABLE>
	At March 31, 1997, future long-term debt payments are as follows:
                       <S>                     <S>
                        1998		                  $2,053,314
                        1999	                    2,053,314
                        2000	                      780,000
                        2001	                      780,000
                        2002	                     	195,000
												                                    $5,861,628
</TABLE>
	
Based on the borrowing rates currently available to the Company for debt 
with similar terms and average maturities, the fair value of long-term debt 
approximates its carrying value.

Notes Payable
The Company had an installment note payable for insurance premiums of 
$329,383 at March 31, 1996.  The note was paid off in 1997.  Also 
included in notes payable at March 31, 1997 and 1996 are cash overdrafts 
of $756,969 and $860,624, respectively.

Notes Payable to Bank
On June 28, 1996, the Company entered into an $11,000,000 revolving credit 
agreement (the "Credit Agreement") with a bank which expires on 
June 1, 2001.  The amount outstanding under the Credit Agreement was 
$5,412,020 at March 31, 1997.  Borrowings bear interest at the prime 
rate plus 0.75% (9.05% at March 31, 1997), and are secured by 
the Company's accounts receivable, inventory, machinery and equipment, 
real estate, and general intangibles.  The Credit Agreement, among 
other things, requires the Company to meet various covenants including 
minimum levels of tangible net worth and earnings before interest, 
taxes, depreciation, and amortization.  Commitment fees are 1/4 of 1% of 
the average daily unused amount of the Credit Agreement.  The Company is 
also required to pay a monthly collateral monitoring fee of $7,500.

At March 31, 1996, the Company had a revolving loan agreement with two 
participating financial institutions under which the Company was in 
default.  The amount outstanding under this revolving loan agreement 
was $3,683,354 at March 31, 1996.  The amount outstanding under the 
agreement is classified as a current liability in the March 31, 1996 
	consolidated balance sheet due to the events of default.  The revolving 
loan agreement was paid off in June 1996 with the establishment of the 
Credit Agreement described above.

(6)	Income Taxes
Income tax expense (benefit) relating to continuing operations consists 
of the following:
<TABLE>
<CAPTION>
                                  		Six months
	                      Year ended	     ended	            Years ended
	                       March 31,	    March 31,	         September 30,
                          	1997	        1996	          1995        	1994
<S>                  <C>             <C>            <C>            <C>
Current:
	Federal	             $	(272,310)	       -   	       579,000	        325,000
	State	                  		-     		      -           (88,000)		       62,000
		Total current	        (272,310)       	-   	       491,000	        387,000

Deferred - 
 Federal and state	      324,000	     (54,000)	     (662,000)	      (498,000)

		Total income tax 
  expense (benefit)	   $		51,690	     (54,000)	     (171,000)	      (111,000)
</TABLE>
The reconciliation between the tax expense (benefit) computed by 
 multiplying pretax income (loss) from continuing operations by 
 the U.S. Federal statutory tax rate and the 
	reported amounts of income tax expense (benefit) is as follows:
<TABLE>
<CAPTION>
                                   		Six months
	                     Year ended	      ended	           Years ended
	                      March 31,	     March 31,	        September 30,
	                        1997	          1996	        1995	           1994
<S>                  <C>             <C>          <C>              <C>
Computed at U.S. 
statutory tax rate	   $	196,000	      (140,000)   	(345,000)        (80,000)
State income taxes, 
 net of Federal 
	income tax effect	      21,000	       (14,000)    	(26,000)	       (29,000)
Federal income taxes 
 relating to prior 
	year		                (298,000)	          -   	    534,000	            -     
Decrease in beginning-
 of-year balance
	of valuation 
 allowance	                -   	           -   	   (613,000)	           -     
Nondeductible expenses 
 and other, net	        132,690	        100,000	    279,000	        (2,000)

		Total income tax 
			expense (benefit)	  $	51,690	        (54,000)	  (171,000)	     (111,000)
						(Continued)

</TABLE>
SFAS 109 requires the recognition of deferred tax assets and liabilities 
for both the expected future tax impact of differences between the 
financial statement and tax basis of assets and liabilities, and for 
the expected future tax benefit to be derived from tax loss
and tax credit carryforwards. SFAS 109 additionally requires the 
establishment of a valuation allowance to reflect the likelihood 
of realization of deferred tax assets. The tax effects of temporary 
differences that give rise to significant portions 
of the deferred tax assets and liabilities are as follows:
<TABLE>
<CAPTION>                                      
                                                  			March 31,	
                                              		1997          	1996
<S>                                        <C>            <C>
Deferred tax assets:
	Allowance for doubtful accounts            	$	26,000	       276,000
	Inventory valuation allowance 	                  -         	293,000
	Operating loss carryforwards 	             2,452,000	       778,000
	Accruals not deducted for tax purposes 	     466,000	     1,479,000
	Other	 		                                    167,000      		277,000
			Total gross deferred tax assets 	        3,111,000     	3,103,000

	Less valuation allowance                    		71,000	       	71,000
			Net deferred tax assets	                 3,040,000	     3,032,000
Deferred tax liabilities:
	Fixed asset depreciation	                    251,000	          -   
	Other			                                     101,000		       20,000
			Total deferred tax liabilities		           352,000       		20,000

			Net deferred tax asset                	$	2,688,000     	3,012,000
</TABLE>
	
The Company's operating loss carryforwards, which total approximately 
$6,287,000 at March 31, 1997, expire beginning in 2010.  The valuation 
allowance for deferred tax assets as of April 1, 1996 was $71,000 
and did not change for the year ended March 31, 1997.  In assessing 
the realizability of deferred tax assets, management considers whether 
it is more likely than not that some portion or all of the deferred tax 
assets will not be realized. The ultimate realization of deferred 
tax assets is dependent upon the generation of future taxable income 
during the periods in which those temporary differences become 	
deductible. Management considers the scheduled reversal of deferred 
tax liabilities, projected future taxable income and tax planning 
strategies in making this assessment. Based upon the level of 
historical taxable income and projections for future taxable income 
over the periods which the deferred tax assets are deductible management 
believes it is more likely than not the Company will realize the benefits 
of these deductible differences, net of the existing valuation 
allowances at March 31, 1997.
	
In 1995, the Internal Revenue Service (IRS), completed an audit of the 
Company's income tax returns for the years ended September 30, 1993, 
1992, 1991, and 1990. As a result of the audit, the IRS challenged 
the write-off for tax purposes of certain intangible 
assets made during the year ended September 30, 1993. The Company had 
previously accrued $750,000 relating to this audit. The Company 
settled this matter for approximately $450,000 in April 1997.

(7)	Employee Benefit Plans

Effective October 1, 1996, the Company established a defined benefit 
pension plan for the benefit of a certain select group of former (retired) 
senior management.  The benefits to be paid are based on specified 
amounts for a specified period of time.  The Company has decided to 
fund the plan by contributing amounts when necessary for benefit 
disbursements.

The following table sets forth the plan's funded status at March 31, 
1997:

Actuarial present value of accumulated plan benefits, 
	including vested benefits of $1,052,197	                   $	1,052,197
Plan assets at fair value		                                       -    
Accumulated plan benefits in excess of plan assets	           1,052,197
Unrecognized prior service cost	                             (1,009,474)
Minimum liability adjustment	                                 1,009,474

Accrued pension cost	                                       $	1,052,197

Net pension cost for the period from 
 October 1, 1996 to March 31, 1997 
 included the 	following components:
  Interest cost on projected benefit obligation	               $	40,955
  Amortization of prior service cost	                            51,768

                                                             		$	92,723

The weighted-average discount rate used to measure the projected benefit 
obligation was 8.0%.

Effective February 1, 1990, the Company established the Nuclear Support 
Services, Inc. Retirement Savings Plan (401(k) Plan) for qualified 
Company employees.  No Company contributions were made to the Plan 
during any of the periods presented.  
The Company terminated the Plan effective March 31, 1996.

The Company established an Employee Stock Purchase Plan in 1988 for 
substantially all of its employees. The Plan offers employees the 
opportunity to purchase Company common stock through regular 
payroll deductions. Participation in this Plan is voluntary, 
and the Company pays transaction fees for purchases made under this Plan.

The Company is obligated under the terms of a thrift plan for 
substantially all employees of its subsidiary, Cannon Sline, Inc., 
not covered by union-sponsored plans. The Plan 
allows participants to contribute after-tax earnings up to a maximum of 
10% of annual compensation. The Plan provides for Company matching 
and additional discretionary contributions as defined in the Plan 
document.  Cannon Sline expensed approximately 
$150,000, $48,000, $74,000, and $135,000 in combined matching and 
discretionary contributions to the Plan during the year ended 
March 31, 1997, the six months ended March 31, 1996, and the years 
ended September 30, 1995 and 1994, respectively.  

Cannon Sline is required to contribute to pension plans (defined 
contribution) administered by collective bargaining organizations. 
Contributions are based on hours worked, as specified in the 
various contracts. Information regarding these plans is not 
currently made available by the union administrators or trustees.

(8)	Major Customer

In the years ended September 30, 1995 and 1994, one customer accounted 
for 16% and 12%, respectively, of consolidated revenues.  No single customer 
accounted for more than 10% of consolidated revenues in the year ended 
March 31, 1997 or the six months ended March 31, 1996.

(9)	Stock-Based Incentive Plans

(a)	Stock Appreciation Rights Plan

On January 1, 1995, the Board of Directors adopted the Nuclear Support 
Services, Inc.Non-Qualified Executive Stock Appreciation Plan 
(the "SAR Plan") to provide incentive to key officers and executives 
of the Company.  A total of 230,000 appreciation rights (Rights) can 
be granted under the SAR Plan through January 1, 2001.

Rights granted under the SAR Plan are immediately exercisable and 
expire five years from the date of grant.  Each Right entitles the 
grantee to receive in cash, upon exercise 
thereof, the excess of the market value of one share of the Company's 
common stock on the date of exercise over a price specified at the 
date of grant.  At March 31, 1997, a total of 180,000 Rights have been 
granted under the SAR Plan at grant prices ranging from $2.50-$3.00 
per Right.  As of March 31, 1997, no Rights have been exercised.  The 
total appreciation value of all Rights granted as of March 31, 1997 
was approximately $7,000.

(b)	Stock Option Plan

On February 6, 1990, the Board of Directors adopted the Nuclear 
Support Services, Inc. 1990 Stock Option Plan (the "1990 Plan") to 
provide incentive to key full-time employees and consultants of 
the Company.  Under the 1990 Plan, stock options could be granted 
for up to 416,897 shares of common stock.  Options granted under the 
1990 Plan are immediately exercisable and expire five years from the 
date of grant.  All stock options were granted at not less than the 
fair market value of the stock on the date 	granted.  The 1990 Plan 
was effective January 1, 1990 and expired December 31, 1994. 
Options outstanding under the 1990 Plan remain exercisable by their 
terms after expiration of the Plan. 

On February 8, 1991 the Board of Directors adopted the Directors Stock 
Option Program wherein Directors, at their election made in advance, 
could accept non qualified stock options in lieu of cash for all or a 
portion of Director compensation. Such options could be acquired at 
the rate of 17% of the market value of the stock as of the date such 
compensation was payable. Options granted under this program were 
included in the 1990 Plan and are exercisable at the fair market value 
of the stock on the date that each Directors compensation became 
payable. 

Following is a summary of activity in the 1990 Plan for the year ended 
March 31, 1997, the six months ended March 31, 1996, and the years 
ended September 30, 1995 and 1994:
<TABLE>
<CAPTION>
                                               		Option price per share
			                                                           	Weighted
	                                    	Shares	    Range	         average
<S>                                  <C>        <C>               <C>
Options outstanding at 
September 30, 1993	                   193,497	   $3.25-9.00        5.52
Issued	                               221,746	    3.38-5.50	       4.12
Exercised	                             (1,970)	   3.75	3.75        3.75
Canceled or expired	                  (15,641)	   3.75-6.88       	5.27
Options outstanding at 
September 30, 1994	                   397,632	    3.25-9.00       	4.75

Issued	                                11,258		    4.12	           4.12
Canceled or expired	                  (76,292)	  3.25-7.13	        4.40
Options outstanding at 
September 30, 1995	                   332,598	   3.38-9.00        	4.81

Canceled or expired		                 (43,805)	  3.75-6.13	        4.45

Options outstanding at 
March 31, 1996	                       288,793   	3.38-9.00        	4.87

Exercised	                             (1,350)  	  4.50	           4.50
Canceled or expired	                  (38,696)	    3.75-8.50      	6.12
Options outstanding and exercisable 
		at March 31, 1997				               248,747      3.38-9.00	      4.68
</TABLE>

The following table summarizes information about stock options 
outstanding at March 31, 1997:
<TABLE>
<CAPTION>
		
                                        Options outstanding
	Range of		                              Weighted average  	Weighted average
	exercise	                 Number	          remaining	          exercise
	prices	                 outstanding	    contractual life	        price
<S>                     <C>               <C>                  <C>	
$	3.38-5.00	             159,412	          17 months	           $	3.96
	  5.01-9.00	              89,335	          16 months	             5.96

(10)	Dispositions and Discontinued Operations

In February 1996, the Company sold certain operations of its NSS Numanco 
subsidiary.  The sale resulted in proceeds to the Company of $2,350,000 
and a pretax gain of approximately $883,000.

During September 1995, the Company adopted plans to sell the operations 
of its Henze Services subsidiary.  Revenues from this subsidiary were 
$2,226,000, $4,964,000, $14,567,000, and $12,661,000 for the year ended 
March 31, 1997, the six months ended March 31, 1996, and the years 
ended September 30, 1995 and 1994, respectively.  Certain 
expenses have been allocated to discontinued operations, including 
interest expense, which was allocated based on the ratio of Henze 
net assets to the sum of total net assets of the consolidated 
Company plus consolidated debt. Interest expense allocated to 
discontinued operations for the year ended March 31, 1997, the six months 
ended March 31, 1996, and the years ended September 30, 1995 and 1994 was 
$45,439, $183,937, $255,702, and $187,673, respectively.  The assets and 
liabilities of Henze included in the Company's consolidated balance sheet 
as of March 31, 1996 are summarized as follows:

        Current Assets                   	$	3,018,000
        Property and Equipment, net	        1,620,000
        Other Assets	                          35,000
        Current Liabilities	                2,207,000
											                                $2,466,000
	
On June 4, 1996, the Company completed the sale of Henze which resulted 
in proceeds to the Company of $1,350,000 and a pretax loss of 
approximately $1,000,000.

(11)	 Commitments and Contingencies

(a) Legal Matters
The Company or its subsidiaries are involved in various claims and 
legal actions arising in the ordinary course of business.  In the 
opinion of management, the ultimate disposition of these matters will 
not have a material adverse effect on the Company's consolidated 
financial position.

In November, 1994, the Company filed suit against Westinghouse 
Electric Corporation alleging the breach of various terms of a certain 
Asset Purchase Agreement and the related Supply Agreement.  The 
lawsuit was settled in June 1996.

(b)  Rental Agreements

The Company leases office space and various equipment under operating 
leases which provide for minimum rentals as follows:

</TABLE>
<TABLE>
<CAPTION>
   <S>                       <C>
    March 31,

    1998	                    	$	330,986
    1999	                       283,686
    2000	                        91,098
    2001	                        51,960
    2002	                        21,650

	Total minimum lease payments	$	779,380
</TABLE>
Rental expense under all agreements for the year ended March 31, 1997, 
the six months ended March 31, 1996, and the years ended September 30, 
1995 and 1994 was approximately $490,000, $597,000, $1,019,000, and 
$890,000, respectively.

(12)	Comparable Consolidated Statements of Operations Data (Unaudited)

Consolidated statements of operations data for the six-month periods 
ended March 31 1995 and 1994 is as follows:
<TABLE>
<CAPTION>
	                                    1995	                1994
<S>                            <C>                    <C>
Revenues from services         	$	37,117,738	          42,598,661
Gross margin	                      5,854,480           	5,839,688
Income tax benefit	                 (976,780)           	(292,000)
Earnings (loss) from 
 continuing operations	           (1,465,170)	             53,965
Earnings (loss) from 
 discontinued operations	         (1,319,023)	            235,335
Net earnings (loss)	              (2,784,193)             289,300
Earnings (loss) per share	         $	(1.28)                	.13



ITEM 9	CHANGES IN AND DISAGREEMENT WITH ACCOUNTANTS ON ACCOUNTING 
AND FINANCIAL DISCLOSURES

	None


PART III

ITEM 10	DIRECTORS AND EXECUTIVE OFFICERS OF THE REGISTRANT

	The information required by Item 10 is presented under 
captions "Election of Directors,"  "Executive Officers," and 
"Compliance with Section 16(a)" in the Company's Proxy Statement for the 
Annual Meeting of Shareholders to be held August 12, 1997 and is 
incorporated herein by reference.

ITEM 11	EXECUTIVE COMPENSATION

The information required by Item 11 presented under the 
caption "Committees and Meetings, and under several captions 
commencing with "Executive Compensation" and continuing through and 
including "Performance Graph," in the Company's Proxy Statement for 
the Annual Meeting of Shareholders to be held August 12, 1997 and is 
incorporated herein by reference.

ITEM 12	SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND 
MANAGEMENT

The information required by Item 12 is presented under the 
caption "Security Ownership of Certain Beneficial Owners and 
Management," in the Company's Proxy Statement for the Annual Meeting of 
Shareholders to be held August 12, 1997 and is incorporated herein by 
reference.

ITEM 13	CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS 

The information required by Item 13 is presented under 
captions, "Compensation Committee Interlocks and Insider 
Participation," and "Certain Transactions," in the Company's Proxy Statement 
for the Annual Meeting of Shareholders to be held August 12, 1997 
and is incorporated herein by reference.

PART IV

ITEM 14	EXHIBITS, FINANCIAL STATEMENT SCHEDULES AND 	REPORTS ON 
FORM 8-K
	
	A.	Reports on Form 8-K and other forms
	
Form 8-K filed September 20, 1995 relating to the 
Bankruptcy.

Form 8-K filed May 9, 1996 related to Confirmation 
of Plan of Reorganization Change of Fiscal Year.

Form 8-B filed May 25, 1996 related to Registration 
of Securities of Certain Successor Issuers

Form 10-C filed June 3, 1996 related to Name Change

B.	Exhibits

		Exhibit Number 	Description of Document

		2.1	Plan and Agreement of Merger by and 
			among Nuclear Support Services, Inc., 
			NSS of Delaware, Inc. and Canisco 
			Resources, Inc. (filed as exhibit 
   2.1 to the Company's form 8-B filed May 24, 1996 
			and incorporated herein by reference).

		2.2	Agreement for purchase of stock of Oliver 
			B. Cannon & Son, Inc. and Sline Industrial 
			Painters, Inc. (filed as Exhibit 2.1 to the 
			Company's form 8-K dated November 19, 
			1993 and incorporated herein by reference).

		3.1	Articles of Incorporation of the Company, 
			as amended (filed as Exhibit 3.1 to Form 8-
			B filed May 24, 1996 and incorporated 
			herein by reference).

		3.2	By-laws of the Company (filed as Exhibit 
			3.2 to Form 8-B filed May 24, 1996 and 
			incorporated herein by reference).

	10.1	1990 Stock Option Plan (filed as Exhibit 
		28.2 to Registration Statement on Form S-8 
		(No. 33-33180) and incorporated herein by 
		reference)

		22	Subsidiaries of the Registrant.

		23	Accountants' Consent

		27	Financial Data Schedule (EDGAR)

		99.1	Index to Financial Statement 
       Schedule.

		99.2	Independent Auditors' Report - 
       Schedule.

		99.3	Schedule II - Valuation and 
       Qualifying Accounts.

SIGNATURES

Pursuant to the requirements of Section 13 or 15 (d) of the 
Securities Exchange Act of 1934, Registrant has duly caused this 
Annual Report to be signed on its behalf by the undersigned, 
thereunto duly authorized.

DATE:  June 30, 1997		

CANISCO RESOURCES, INC.

			/s/ Ralph A. Trallo
			Ralph A. Trallo
			President and
			Chief Executive Officer



Pursuant to the requirements of the Securities Act of 1934, 
this report has been signed below by the 
following persons, on behalf of the Registrant and in the 
capacities and on the dates indicated:

SIGNATURE	          CAPACITY	              DATE


/s/Donald E. Lyons	Chairman of the Board	  June 30, 1997		

		
/s/Robert A. Hess	 Director	               June 30, 1997

				
/s/Dale L. Ferguson	Director	              June 30, 1997
	
	
/s/Wm. Lawrence Petcovic  	Director	       June 30, 1997

				
/s/Heath L. Allen	Director	                June 30, 1997		
	
	
/s/Thomas P. McShane	Director	             June 30, 1997

		
/s/ Joe C. Quick	Director	                 June 30, 1997
	
			
/s/ Ralph A. Trallo	President, CEO	        June 30, 1997
	
	
/s/ Michael J. Olson	
 Chief Financial Officer	                  June 30, 1997
		
 









</TABLE>