Exhibit 11

                                  MASCOTECH, INC.
                     Computation of Earnings Per Common Share
                             Primary and Fully Diluted
                      (In thousands except per share amounts)

                                       Three Months Ended     Nine Months Ended 
                                          September 30,          September 30,  
                                         1996        1995       1996       1995 
    PRIMARY:

      Income before cumulative effect
        of accounting change           $19,390     $15,960    $23,470    $44,520
      Preferred stock dividends          3,240       3,240      9,720      9,720
      Income before cumulative effect
        of accounting change 
        attributable to common stock    16,150      12,720     13,750     34,800
      Add after tax interest expense 
        reduction on conversion of 
        stock options and warrants       ---           230      ---          860
      Earnings before cumulative 
        effect of accounting change 
        attributable to common stock    16,150      12,950     13,750     35,660
      Cumulative effect of accounting 
        change                           ---         ---       11,700      ---  
      Earnings attributable to common
          stock, as adjusted           $16,150     $12,950    $25,450    $35,660
       Weighted average number of 
          common shares outstanding 
          during each period            55,270      56,110     55,330     56,310
      Addition from assumed exercise of 
          stock options and warrants     1,680       2,400      1,360      2,420
       Weighted average number of common 
          shares and equivalents 
          outstanding during each       
          period--without dilution      56,950      58,510     56,690    58,730
       Primary earnings per common and
        common equivalent share:
           Earnings before cumulative
            effect of accounting 
            change                       $ .28       $ .22      $ .24      $.61
          Cumulative effect of accounting 
            change                         --          --         .21       -- 
            Earnings attributable to
            common stock                 $ .28       $ .22      $ .45      $ 61



    Earnings per common share for the periods ended September 30, 1995 were
computed based on the modified treasury stock method which results in an assumed
interest expense reduction and incremental shares based on assumed conversion of
all stock options and warrants and, in 1996, on the treasury stock method.

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                                                               Exhibit 11

                                  MASCOTECH, INC.
                     Computation of Earnings Per Common Share
                             Primary and Fully Diluted
                      (In thousands except per share amounts)

                                     Three Months Ended     Nine Months Ended 
                                        September 30,          September 30,  
                                       1996        1995       1996       1995 

      FULLY DILUTED:

        Income before cumulative 
          effect of of accounting 
          change                     $19,390     $15,960    $23,470    $44,520
        Preferred stock dividends      3,240       3,240      9,720      9,720
        Income attributable to 
          common stock                16,150      12,720     13,750     34,800
        Add after-tax convertible 
          debenture related expenses   2,380       ---  *     ---  *     ---  *
        Add interest reduction on 
          conversion of stock options 
          and warrants                 ---           220      ---          860
        Earnings before cumulative 
          effect of accounting change 
          attributable to common 
          stock                       18,530      12,940     13,750     35,660
        Cumulative effect of 
          accounting change            ---         ---       11,700      ---  
        Earnings attributable to 
          common stock, as adjusted  $18,530     $12,940    $25,450    $35,660

        Weighted average number of 
          common shares outstanding 
          during each period          55,270      56,110     55,330     56,310
        Addition from assumed 
          conversion of convertible 
          debentures                  10,000       ---  *     ---  *     ---  *
        Addition from assumed 
          exercise of stock 
          options and warrants         1,760       2,400      1,760      2,420  
        Weighted average number of 
          common shares and 
          equivalents outstanding 
          during each period
          --fully diluted basis       67,030      58,510     57,090     58,730

        Fully diluted earnings per 
          common and common 
          equivalent share:

            Earnings before 
              cumulative effect of 
              accounting change        $ .28       $ .22      $ .24      $ .61
            Cumulative effect of 
              accounting change          --          --         .21        -- 
            Earnings attributable to
              common stock             $ .28       $ .22      $ .45      $ .61




      Earnings per common share for the periods ended September 30, 1995 were
computed based on the modified treasury stock method which results in an assumed
interest expense reduction and incremental shares based on assumed conversion of
all stock options and warrants and, in 1996,  the treasury stock method.


      * Anti-dilutive
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