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                          SECURITIES AND EXCHANGE COMMISSION
                               Washington, D.C.    20549

                                      FORM 10-Q                                 

     [X]       QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE
                          SECURITIES EXCHANGE ACT OF 1934 
                                           
                         For the quarter ended June 30, 1997

     [ ]     TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE
                           SECURITIES EXCHANGE ACT OF 1934  

                          Commission file     Number 0-8287
                               LINDBERG CORPORATION
                                           

              DELAWARE                                36-1391480
      ----------------------                 ------------------------------- 
      State of Incorporation                 IRS Employer Identification No.
      

                           6133 North River Road, Suite 700
                               Rosemont, Illinois 60018
                                    (847) 823-2021


     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       
                               -----              -----      

     The number of shares of the Registrant's Common Stock outstanding as of    
     August 8, 1997 was: 4,808,966.

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                     LINDBERG CORPORATION AND SUBSIDIARY

                              TABLE OF CONTENTS



           Part I  Financial Information:                          Page No.
                                                                   --------
  Item 1.  Consolidated Statements of Earnings - Three Months
             and Six Months Ended June 30, 1997 and 1996.............  3

           Consolidated Balance Sheets - As of June 30, 1997 and
             December 31, 1996.......................................  4

           Consolidated Statements of Cash Flows - Six Months
             Ended June 30, 1997 and 1996............................  5   

           Notes to the Consolidated Financial Statements ...........  6

  Item 2.  Management's Discussion and Analysis of Financial 
             Condition and Results of Operations ....................  7


           Part II  Other Information:

  Item 4.  Submission of Matters to a Vote of Security Holders ...... 10

  Item 6.  Exhibits and Reports on Form 8-K ......................... 10

           Signatures ............................................... 11

           Exhibit Index ............................................ 12
             
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                         LINDBERG CORPORATION AND SUBSIDIARY 
                              PART I FINANCIAL INFORMATION  
                         CONSOLIDATED STATEMENTS OF EARNINGS
                                      (UNAUDITED)

<TABLE>
<CAPTION>
                            Three Months Ended        Six Months Ended
                                 June 30,                  June 30,
                         ------------------------  ------------------------
                            1997         1996         1997         1996
                         -----------  -----------  -----------  -----------
<S>                      <C>          <C>          <C>          <C>
Net Sales                $29,939,486  $30,338,754  $59,545,814  $59,841,011
Cost of Sales            (23,413,713) (23,942,932) (47,234,994) (47,513,570)
                         -----------  -----------  -----------  -----------
  Gross Profit             6,525,773    6,395,822   12,310,820   12,327,441 

Selling and         
Administrative Expenses   (3,687,058)  (3,737,659)  (7,496,283)  (7,355,259)
Equity in Earnings of
Partnership                  574,815      215,176      830,746      390,359
                         -----------  -----------  -----------  -----------
  Operating Earnings       3,413,530    2,873,339    5,645,283    5,362,541  
        
Interest Expense - Net      (378,268)    (397,321)    (752,990)    (799,632)
                         -----------  -----------  -----------  -----------
  Earnings Before          
  Income Taxes             3,035,262    2,476,018    4,892,293    4,562,909  

Provision for
Income Taxes              (1,229,123)  (1,002,790)  (1,981,272)  (1,847,853)
                         -----------  -----------  -----------  -----------
  Net Earnings           $ 1,806,139  $ 1,473,228  $ 2,911,021  $ 2,715,056
                         ===========  ===========  ===========  ===========

Per Common and 
Common Equivalent
Share Amounts:

Net Earnings             $       .37  $       .30  $       .60  $       .56    
                         ===========  ===========  ===========  ===========
Weighted Average
Common Shares
Outstanding and
Equivalents                4,889,819    4,880,968    4,882,710    4,854,880
                         ===========  ===========  ===========  ===========
Cash Dividends         
Declared and Paid        $       .08  $       .07  $       .16  $       .14 
                         ===========  ===========  ===========  ===========  
</TABLE>

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                                 LINDBERG CORPORATION AND SUBSIDIARY
                                     CONSOLIDATED BALANCE SHEETS
<TABLE>
<CAPTION>
                                                   June 30,    December 31,
                                                     1997         1996
                                                 (Unaudited)              
                                                 -----------   -----------
<S>                                              <C>           <C>
CURRENT ASSETS:
  Cash                                           $   235,644   $    51,992
  Accounts Receivable - Net                       15,394,737    15,419,945
  Inventories
    Raw Material                                   1,063,950       726,870
    Work in Process                                2,201,718     1,753,574
    Finished Goods                                   552,274       541,064
  Prepaid and Refundable Income Taxes              1,691,078     1,687,534
  Note Receivable                                         --     1,102,600
  Prepaid Expenses and Other Current Assets        4,012,320     4,745,419  
                                                 -----------   -----------
    Total Current Assets                          25,151,721    26,028,998

PROPERTY AND EQUIPMENT:
  Cost                                           105,469,666   104,100,559
  Accumulated Depreciation                       (59,943,919)  (59,137,724)
                                                 -----------   -----------
    Net Property and Equipment                    45,525,747    44,962,835

  Goodwill                                         2,919,582     2,973,212 
  Investment in Partnership                        1,910,378     1,607,632
  Other Non-Current Assets                         2,531,032     2,521,855 
                                                 -----------   -----------
TOTAL ASSETS                                     $78,038,460   $78,094,532
                                                 ===========   ===========

CURRENT LIABILITIES:
  Current Maturities on Long-Term Debt           $    51,428   $    53,565
  Note Payable                                            --       901,437
  Accounts Payable                                 4,989,971     5,553,376
  Accrued Expenses                                 5,762,514     6,104,228   
                                                 -----------   -----------
    Total Current Liabilities                     10,803,913    12,612,606

NON-CURRENT LIABILITIES:
  Deferred Income Taxes                            6,967,504     6,847,504
  Long-term Debt (less Current Maturities)        20,026,773    20,759,150
  Accrued Pension                                  3,071,511     3,148,114
  Other Non-Current Liabilities                    1,800,566     1,680,256
                                                 -----------   -----------
    Total Non-Current Liabilities                 31,866,354    32,435,024

STOCKHOLDERS' EQUITY:
  Common Shares, $2.50 par value:                 14,183,493    14,183,493
   Authorized 12,000,000 shares in 1997 and 
   1996. Issued 5,673,397 shares in 1997         
   and 1996
  Additional Paid-In Capital                       1,512,120     1,493,406
  Retained Earnings                               24,796,527    22,652,574
  Treasury Shares (866,181 in 1997      
   and 894,256 in 1996), at Cost                  (4,896,027)   (5,054,651)
  Underfunded Pension Liability Adjustment          (227,920)     (227,920)     
                                                 -----------   -----------
    Total Stockholders' Equity                    35,368,193    33,046,902
                                                 -----------   -----------
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY       $78,038,460   $78,094,532
                                                 ===========   ===========
</TABLE>

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                        LINDBERG CORPORATION AND SUBSIDIARY
                       CONSOLIDATED STATEMENTS OF CASH FLOWS
                                    (UNAUDITED)
<TABLE>
<CAPTION>
                                                    Six Months Ended   
INCREASE (DECREASE) IN CASH                               June 30,
                                                 --------------------------
                                                     1997           1996
                                                 -----------   ------------
<S>                                              <C>           <C>
Cash Flows from Operating Activities:
Net Earnings                                     $ 2,911,021   $ 2,715,056   
Adjustments to Reconcile Net Earnings          
 to Net Cash Provided by (Used in)
 Operating Activities:
Depreciation                                       2,837,036     2,760,184    
Increase in Deferred Taxes                           120,000       120,000
Change in Assets and Liabilities                    (306,484)   (1,706,264)
                                                 -----------   -----------
Total Adjustments to Reconcile Net Earnings       
 to Net Cash Provided by Operating Activities      2,650,552     1,173,920
                                                 -----------   -----------
  Net Cash Provided by Operating Activities        5,561,573     3,888,976    

Cash Flows from Investing Activities:
Capital Expenditures                              (4,077,501)   (3,537,639)  
Proceeds from Notes Receivable for      
 Sale of Wire Belt Operation                       1,102,600            -- 
Payment for Purchase of Vac-Hyd                           --    (2,370,000)
                                                 -----------   -----------
  Net Cash Used in Investing Activities           (2,974,901)   (5,907,639)

Cash Flows from Financing Activities:                                     
Net Borrowings Under Revolving Credit Agreement     (700,000)    1,700,000   
Note Payable for Purchase of Vac-Hyd                (901,437)      970,000   
Payments of Capital Lease Obligations                (34,514)      (55,634)     
Dividends Paid                                      (767,069)     (663,819)
                                                 -----------   -----------
  Net Cash Provided by (Used in)                                   
  Financing Activities                            (2,403,020)    1,950,547
     
Net Increase (Decrease) in Cash                      183,652       (68,116)
Cash at Beginning of Period                           51,992       200,171   
                                                 -----------   -----------
Cash at End of Period                            $   235,644   $   132,055  
                                                 ===========   ===========

Supplemental Disclosures of Cash Flow Information:
  Interest Paid                                  $   836,762   $   802,967  
  Income Taxes Paid - Net of Refunds               1,864,816     2,202,319    

</TABLE>

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                                   -6-

                      LINDBERG CORPORATION AND SUBSIDIARY


NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS:

NOTE 1    The condensed consolidated financial statements included herein have
          been prepared by the Company, without audit, pursuant to the rules    
          and regulations of the Securities and Exchange Commission.        
          Certain information and footnote disclosures normally included in
          financial statements prepared in accordance with generally     
          accepted accounting principles have been condensed or omitted     
          pursuant to such rules and regulations, although the Company      
          believes that the disclosures are adequate to make the information
          presented not misleading.  It is suggested that these condensed
          financial statements be read in conjunction with the financial
          statements and the notes thereto included in the Company's latest
          annual report on Form 10-K. 

          Statements for the three month and six month periods ended June 30,
          1997 and June 30, 1996 reflect, in the opinion of the Company, all
          adjustments (consisting only of normal recurring accruals) necessary
          to present fairly the results of these periods. Results for interim
          periods are not necessarily indicative of results for a full year. 

NOTE 2    No material changes have occurred with respect to the Company's  
          contingent liabilities outlined in the Company's 1996 10-K through 
          the date of this report.

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ITEM 2.   MANAGEMENT'S DISCUSSION AND ANALYSIS 

OF FINANCIAL CONDITION:

At June 30, 1997, the Company's total debt was $20.1 million, $1.9 million
below the $22.0 that was outstanding as of the quarter ended March 31, 1997. 
In concert with the reduced debt level, the ratio of total debt to
capitalization was lowered to 36% at the close of the second quarter of this
year from 39% at the end of the prior quarter. Borrowing levels decreased in
the second quarter from cash generated through operations and the receipt of
$1.1 million due as final payment from the sale of a wire-belting product line
in 1996.

Capital expenditures for the first six months of 1997 were $4.1 million, 15%
above the $3.5 million recorded for the same period in 1996.  The spending in
1997 was chiefly for projects related to sales expansion opportunities within
the Heat Treating business segment, including furnaces for existing facilities
as well as equipment for new Strategic Partnership 2000 programs.  The Company 
currently estimates that capital investments for the full year 1997 will total
about $9.0 million, excluding amounts required to fund any acquisitions that
may develop during the year.

On April 25, 1997, the Board of Directors declared a cash dividend of $.08 on
each share of the Company's common stock, payable on June 1, 1997.  The total
cash dividends paid on the latter date were $385,000, bringing to $767,000 the
total cash outlay for dividends to shareholders in the first six months of
1997.  The six month figure for this year was 16% above the $664,000 paid out
for the same period in 1996, due primarily to an increase in the quarterly 
dividend rate in October 1996 to $.08 per share from $.07 per share.

The Company believes that its borrowing capacity and funds generated through
operations will be sufficient to meet currently foreseen capital investment and
working capital needs in support of existing businesses for the balance of 1997
and in the longer term.

OF RESULTS OF OPERATIONS:

Quarter ended June 30, 1997 and 1996

Sales for the quarter ended June 30, 1997 were $29.9 million, down $400,000, or
1%, from $30.3 million in the same period in 1996.  While total sales declined
slightly, results within the Company's two business segments varied.  Revenues
for the Heat Treating segment increased by 12% for the quarter in comparison to
the second quarter of 1996, but that increase was more than offset by reduced
sales from the Precision Products segment.  For the second quarter of 1997,
Heat Treating revenues were 68% of total revenues as compared to 60% in the
same quarter of last year.

Sales increased within the Heat Treating segment as a majority of the Company's
divisions, particularly those serving aerospace markets, continued to
experience strong demand from customers as had been the case during the first
three months of 1997. Revenues declined in the Precision Products segment due
chiefly to weakness at the Company's Impact Industries division, which resulted 

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                                      -8-

from a softening in orders from certain customers and the loss of parts
produced in 1996 which were not replaced due to model changeover issues.

The Company's overall gross profit percentage rose to 21.8% in the second
quarter of 1997 as compared to 21.1% in the same 1996 period.  This resulted
mainly from the increase in higher margin heat treating sales as a percentage
of total Company sales.

Operating earnings, overall, improved to $3.4 million in the second quarter of
1997 from $2.9 million in the same period of 1996.  By segment, operating
earnings improvement within the Heat Treating segment was offset to a degree by
lower earnings from Precision Products operations, which recorded an overall
operating loss of $141,000 for the second quarter of this year.  Contributing
to operating earnings within the Heat Treating segment in the second quarter of
1997 was the increase in equity earnings from a heat treating partnership to
$575,000 this year versus $215,000 in the second quarter of 1996.  The Company
maintains a 50% partnership interest in this heat treating operation which
services aerospace and other customers.

Overall, reflecting the above issues, net earnings in the second quarter of
1997 of $1.8 million, or $.37 per share, increased from $1.5 million, or $.30
per share in the same three month period of 1996.


Six Months Ended June 30, 1997 and 1996

Sales for the first six months of 1997 were $59.5 million, essentially level
with the $59.8 million reported for the same period last year.  While overall
sales were largely unchanged, a sales increase within the Heat Treating
business segment was offset by reduced sales from Precision Products
operations.  The latter segment reported lower sales thus far in 1997 in
comparison to the same period of the prior year as a result primarily of
reduced revenues at the Company's Impact Industries division.  To a lesser
degree, the sale of a wire-belting product line in December 1996 also
contributed to the year-over-year sales decline within the Precision Products
segment.

The gross profit percentage for the 1997 six month period was 21%, unchanged
from the same period in 1996, as increased heat treating margins on higher
sales were offset by a reduced gross profit percentage overall from Precision
Products operations, which experienced a 16% sales decline in comparison to the
prior year excluding the effect of the sale of a wire-belting product line in
December 1996.

For the first six months of 1997, the Company recorded $831,000 in equity
earnings from its 50% interest in a heat treating partnership, more than double
the $390,000 reported last year.  This operation has seen steady growth in its
revenues, in part due to its heat treating and forming of products for the
aerospace industry which has been a strong growth market over the last several
months.

For the first six months of 1997, net earnings of $2.9 million, or $.60 per
share, was ahead of the $2.7 million, or $.56 per share, reported for the same
period in 1996 primarily reflecting the above issues.

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                                      -9-

Subsequent Event

On July 31, 1997, the Company acquired all of the outstanding common stock of 
TiCorm, Inc. for $3.8 million, which included cash and notes payable.  TiCorm
is a heat treating and forming facility located in the Los Angeles area, with
annual sales in its latest fiscal year of approximately $4.0 million.

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PART II. OTHER INFORMATION

ITEM 4.  Submission of Matters to a Vote of Security Holders

         (b)  At the annual meeting of stockholders of the Company held
              on April 25, 1997, the board's two nominees for Class III
              directors were re-elected, receiving the following votes:

                                   Votes for           Authority Withheld
                                   ---------------     ------------------
              J. W. Puth           4,321,219           219,712
              L. G. Thompson       4,321,519           219,412

ITEM 6.  Exhibits and Reports on Form 8-K

         (a)  Exhibits Required by Item 601 of Regulation S-K - Exhibits
              required by Item 601 of Regulation S-K are listed in the 
              Exhibit Index which is attached hereto at page 12 and
              which is incorporated herein by reference.
        
         (b)  Reports on Form 8-K - There were no reports on Form 8-K
              filed in the three months ended June 30, 1997.                    
                      
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                               SIGNATURES



Pursuant to the requirements of the Securities Exchange Act of 1934
the Registrant has duly caused this report to be signed on its behalf
by the undersigned thereunto duly authorized. 




                                             LINDBERG CORPORATION






  Principal Financial and Accounting         By /s/   Stephen S. Penley        
  Officer:                                      ---------------------------
                                                Stephen S. Penley
                                                Senior Vice President          
                                                and Chief Financial Officer
                                                    
                                                   


  Dated: August 8, 1997

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                                LINDBERG CORPORATION
                          Quarterly Report on Form 10-Q
                       for the Quarter Ended June 30, 1997    

                                  Exhibit Index

                                                            
     Number and Description of Exhibit                      

       11.  Statement recomputation of per share earnings      Attached     
                                        
       27.  Financial Data Schedule                            Attached