EXHIBIT 10.18 - AGREEMENTS RELATING TO EMPLOYMENT


Agreements Relating to Employment in the form of the attached entered into
with the following Employees as of April 21, 1997:

                                  W.J. Durbin

                                   D. Haines

                                  J.A. Harris

                                 B.F. Sherman








































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                                       DATE




(Name)
One Zurn Place
Erie, PA  16502

   RE: Agreement Relating To Employment

Dear Mr.         :

   ZURN INDUSTRIES, INC, (the "Company") considers it in the best interests of
its stockholders to foster the continuous employment of key management
personnel. In this connection, the Board of Directors of the Company (the
"Board") recognizes that, the possibility of a change in control may exist and
that such possibility, and the uncertainty and questions which it may arise
among management, may result in the departure or distraction of management
personnel to the detriment of the Company and its stockholders.

   Therefore, in order to induce you to remain in the employment of the
Company, the Company agrees that you shall receive the severance benefits set
forth in this letter agreement ("Agreement") in the event your employment with
the Company is terminated subsequent to a "change in control of the Company"
(as defined in Section 2 hereof) under the circumstances described below.

   1.    TERM OF AGREEMENT. This Agreement shall commence on the date hereof
and shall continue in effect through December 31, 1997; and each January 1,
thereafter, the term of this Agreement shall automatically be extended for one
additional year, provided, if a change in control of the Company shall have
occurred during the original or extended term of this Agreement, this
Agreement shall continue in effect for a period of thirty-six (36) months
beyond the month in which such change in control occurred.

   2.    CHANGE IN CONTROL. No benefits shall be payable hereunder unless
there shall have been a change in control of the Company, as set forth below.
For purposes of this Agreement, a "change in control of the Company" shall be
deemed to have occurred if:

   (a)   any "person" (as such term is used in Sections 13(d) and 14(d) of the
         Securities Exchange Act of 1934, as amended [the "Exchange Act"],
         other than the Company, any trustee or other fiduciary holding
         securities under an employee benefit plan of the Company, or any
         Company owned, directly or indirectly, by the stockholders of the
         Company in substantially the same proportions as their ownership of
         stock of the Company) becomes the "beneficial owner" (as defined in
         Rule 13d-3 promulgated under the Exchange Act), directly or
         indirectly, of securities of the Company representing 20% or more of
         the combined voting power of the Company's then outstanding
         securities;
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   (b)   during any period of two consecutive years (not including any period
         prior to the execution of this Agreement), individuals who at the
         beginning of such period constitute the Board, and any new director
         (other than a director designated by a person who has entered into an
         agreement with the Company to effect a transaction described in
         clauses (a), (c) or (d) of this Section) whose election by the Board
         or nomination for election by the Company's stockholders was approved
         by a vote at least two-thirds of the directors then still in office
         who either were directors at the beginning of the period or whose
         election or nomination for election was previously so approved cease
         for any reason to constitute a majority thereof;

   (c)   the stockholders of the Company approve a merger or consolidation of
         the Company with any other Company, other than (1) a merger or
         consolidation which would result in the voting securities of the
         Company outstanding immediately prior thereto continuing to represent
         (either by remaining outstanding or by being converted into voting
         securities of the surviving entity) more than 50% of the combined
         voting power of the voting securities of the Company or such
         surviving entity outstanding immediately after such merger or
         consolidation or (2) a merger or consolidation effected to implement
         a recapitalization of the Company (or similar transaction) in which
         no "person" (as hereinabove defined) acquires more than 50% of the
         combined voting power of the Company's then outstanding securities;
         or

   (d)   the stockholders of the Company approve a plan of complete
         liquidation of the Company or an agreement for the sale or
         disposition by the Company of all of substantially all of the
         Company's assets.

   3.    TERMINATION FOLLOWING CHANGE IN CONTROL.  If any of the events
described in Section 2 hereof constituting a change in control of the Company
shall have occurred, you shall be entitled to the benefits provided in
Subsection 4(iv) hereof upon the subsequent termination of your employment
during the term of this Agreement unless such termination is (a) because of
your death, Disability or Retirement, (b) by the Company for Cause, or (c) by
you other than for Good Reason.

   (i)   DISABILITY; RETIREMENT.  If, as a result of your incapacity due to
         physical or mental illness, you shall have been absent from the
         full-time performance of your duties with the Company for six (6)
         consecutive months, and within thirty (30) days after written notice
         of termination is given you shall have not returned to the full-time
         performance of your duties, your employment may be terminated for
         "Disability". Termination by the Company or you of your employment
         based on "Retirement" shall mean termination in accordance with the
         Company's retirement policy at normal retirement age generally
         applicable to its salaried employees or in accordance with any
         retirement arrangement established with your consent with respect to
         you.


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   (ii)  CAUSE.   Termination by the Company of your employment for "Cause"
         shall mean termination upon (a) the willful and continued failure by
         you to substantially perform your duties with the Company (other than
         any such failure resulting from your incapacity due to physical or
         mental illness or any such actual or anticipated failure after the
         issuance of a Notice of Termination, as defined in Subsection 3(iv),
         by you for Good Reason) after a written demand for substantial
         performance is delivered to you by the Board, which demand
         specifically identifies the manner in which the Board believes that
         you have not substantially performed your duties, or (b) the willful
         engaging by you in conduct which is demonstrably and materially
         injurious to the Company, monetarily or otherwise. For purposes (of
         this Subsection, no act, or failure to act, on your part shall be
         deemed "willful" unless done, or omitted to be done, by you not in
         good faith and without reasonable belief that your action or omission
         was in the best interest of the Company. You may be terminated for
         Cause only after there shall have been delivered to you a copy of a
         resolution duly adopted by the affirmative vote of not less then two
         thirds (2/3) of the entire membership of the Board at a meeting of
         the Board called and held for such purpose (after reasonable notice
         to you and an opportunity for you, together with your counsel, to be
         heard before the Board), finding that in the good faith opinion of
         the Board you were guilty of conduct set forth above in clauses (a)
         or (b) of the first sentence of this Subsection and specifying the
         particulars thereof in detail.

   (iii) GOOD REASON.   You shall be entitled to terminate your employment for
   Good Reason. For purposes of this Agreement, "Good Reason" shall mean,
   without your express written consent, any of the following:

   (a)   a substantial adverse alteration in the nature or status of your
         responsibilities from those in effect immediately prior to a change
         in control of the Company other than any such alteration primarily
         attributable to the fact that the Company may no longer be a public
         company;

   (b)   a reduction by the Company in your annual base salary as in effect on
         the date hereof or as the same may be increased from time to time;

   (c)   the failure of the Company, without your consent, to pay to you any
         portion of your current compensation, or to pay to you any portion of
         an installment of deferred compensation under any deferred
         compensation program of the Company, within seven (7) days of the
         date such compensation is due;

   (d)   the failure by the Company to continue in effect any compensation
         plan in which you participate including but not limited to the
         Company's Incentive Compensation Plan and the Company's Stock Option
         Plan, or any substitute plans adopted prior to the change in control,
         unless an equitable arrangement (embodied in an ongoing substitute or
         alternative plan) has been made with respect to such plan in
         connection with the change in control of the Company, or the failure 

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         by the Company to continue your participation therein on a basis not
         materially less favorable, both in terms of the amount of benefits
         provided and the level of your participation relative to other
         participants, as existed at the time of the change in control;

   (e)   the failure by the Company to continue to provide you with benefits
         substantially similar to those enjoyed by you under any of the
         Company's pension, life insurance, medical, health and accident, or
         disability plans in which you were participating at the time of a
         change in control of the Company, the taking of any action by the
         Company which would directly or indirectly materially reduce any of
         such benefits or deprive you of any material fringe benefits enjoyed
         by you at the time of the change in control of the Company, or the
         failure by the Company to provide you with the number of paid
         vacation days to which you are entitled on the basis of years of
         service with the Company in accordance with the Company's normal
         vacation policy in effect at the time of the change in control;

   (f)   the failure of the Company to obtain a satisfactory agreement from
         any successor to assume and agree to perform this Agreement, as
         contemplated in Section 5 hereof; or

   (g)   any purported termination of your employment which is not effected
         pursuant to a Notice of Termination satisfying the requirements of
         Subsection (iv) below (and, if applicable, the requirements of
         Subsection (ii) above); for purposes of this Agreement, no such
         purported termination shall be effective.

   (h)   a determination by you in good faith that, following a change in
         control, you are no longer able to perform your duties and
         responsibilities with the Company.

Your right to terminate your employment pursuant to this Subsection shall be
affected by your incapacity due to physical or mental illness. Your continued
employment shall not constitute consent to, or a waiver of rights with respect
to, any circumstance constituting Good Reason hereunder.

(iv)     NOTICE OF TERMINATION.  Any purported termination of your employment
         by the Company or by you shall be communicated by written Notice of
         Termination to the other party hereto in accordance with Section 6
         hereof. For purposes of this Agreement, a "Notice of Termination"
         shall mean a notice which shall indicate the specific termination
         provision in this Agreement relied upon and shall set forth in
         reasonable detail the facts and circumstances claimed to provide a
         basis for termination of your employment under the provision so
         indicated.

   (v)   DATE OF TERMINATION, ETC.   "Date of Termination" shall mean (a) if
         your employment is terminated for Disability, thirty (30) days after
         Notice of Termination is given (provided that you shall not have
         returned to the full-time performance of your duties during such
         thirty (30) day period), and (b) if your employment is terminated

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         pursuant to Subsection (ii) and (iii) above or for any other reason
         (other than Disability), the date specified in the Notice of
         Termination which, in  the case of a termination pursuant to
         Subsection (ii) above shall not be less than thirty (30) days, and in
         the case of a termination pursuant to Subsection (iii) above shall
         not be less than thirty (30) nor more than sixty (60) days,
         respectively, from the date such Notice of Termination is given);
         provided that if within thirty (30) days after any Notice of
         Termination is given the party receiving such Notice of Termination
         notifies the other party that a dispute exists concerning the
         termination, the Date of Termination shall be the date on which the
         dispute is finally determined, either by mutual written agreement of
         the parties, by a binding arbitration award, or by a final judgment,
         order or decree of a court of competent jurisdiction (which is not
         appealable or the time for appeal therefrom having expired and no
         appeal having been perfected); provided further that the Date of
         Termination shall be extended by a notice of dispute only if such
         notice is given in good faith and the party giving such notice
         pursues the resolution of such dispute with reasonable diligence.
         Notwithstanding the pendency of any such dispute, the Company will
         continue to pay you your full compensation in effect when the notice
         giving rise to the dispute was given (including, but not limited to,
         base salary) and continue you as a participant in all compensation,
         benefit and insurance plans in which you were participating when the
         notice giving rise to the dispute was given, until the dispute is
         finally resolved in accordance with this Subsection. Amounts paid
         under this Subsection are in addition to all other amounts due under
         this Agreement and shall not be offset against or reduce any other
         amounts due under this Agreement except to the extent otherwise
         provided in paragraph (c) of Subsection 4(iv).

   4.    COMPENSATION UPON TERMINATION OR DURING DISABILITY.  Following a
         change in Control of the Company, as defined by Section 2, upon
         termination of your employment or during a period of disability you
         shall be entitled to the following benefits:

   (i)   During any period that you fail to perform your full-time duties with
         the Company as a result of incapacity due to physical or mental
         illness, you shall continue to receive your base salary at the rate
         in effect at the commencement of any such period, together with all
         compensation payable to you under the Company's long-term disability
         insurance program or other [plan during such period, until this
         Agreement is terminated pursuant to Section 3(i) hereof. Thereafter,
         your benefits shall be determined in accordance with the Company's
         insurance and retirement programs then in effect.

   (ii)  If your employment shall be terminated by the Company for Cause or by
         you other than for Good Reason, Disability, death or Retirement, the
         Company shall pay you your full base salary through the Date of
         Termination at the rate in effect at the time Notice of Termination
         is given, plus all other amounts to which you are entitled under any
         compensation plan of the Company at the time such payments are due,

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         and the Company shall have no further obligations to you under this
         Agreement.

   (iii) if your employment shall be terminated by you for Retirement, or by
         reason of your death, your benefits shall be determined in accordance
         with the Company's retirement and insurance programs then in effect.

   (iv)  If your employment by the Company shall be terminated (a) by the
         Company other than for Cause or Disability or (b) by you for Good
         Reason or Retirement, then you shall be entitled to the benefits
         provided below:

         (A) the Company shall pay you your full base salary through the Date
         of Termination at the rate in effect at the time Notice of
         Termination is given, plus other amounts to which you are entitled
         under any compensation plan of the Company, at the time such payments
         are due except as otherwise provided below;

         (B) in lieu of any further salary payments to you for periods
         subsequent to the Date of Termination, the Company shall pay as
         severance pay to you a lump sum severance payment (together with
         payments provided in paragraphs C, D, and E below, the "Severance
         Payment") equal to 300% of the greater of (i,) your annual base
         salary in effect on the Date of Termination or (ii) your annual base
         salary in effect immediately prior to the change in control of the
         Company and 300% of the average of the annual bonus paid to you for
         the three full fiscal years preceding the termination.

         (C) If any of the Severance Payments will be subject to the tax (the
         "Excise Tax") imposed by section 4999 of the Internal Revenue Code,
         (or any similar tax that may hereafter be imposed) the Company shall
         pay to you at the time specified in Subsection (D), below, an
         additional amount (the "Gross-Up Payment") such that the net amount
         retained by you, after deduction of any Excise Tax on the Total
         Payments (as hereinafter defined) and any federal, state and local
         income tax and Excise Tax upon the payment provided for by this
         subsection, shall be equal to the Total Severance Payments.  For
         purposes of determining whether any of the Severance Payments will be
         subject to the Excise Tax and the amount of such Excise Tax, (a) any
         other payments or benefits received or to be received by you in
         connection with a change in control of the Company or your
         termination of employment (whether pursuant to the terms of this
         Agreement or any other plan, arrangement or agreement with the
         Company, any person whose actions result in a change in control of
         the Company or any person affiliated with the Company or such person)
         (which together with the Severance Payments, constitute the "Total
         Payments") shall be treated as "parachute payments" within the
         meaning of section 28OG(b)(2) of the Code, and all "excess parachute
         payments" within the meaning of section 28OG(b)(1) shall be treated
         as subject to the Excise Tax, unless in the opinion of tax counsel
         selected by the Company's independent auditors and acceptable to you
         such other payments or benefits (in whole or in part) do not

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         constitute parachute payments, or such excess parachute payments (in
         whole or in part) represent reasonable compensation for services
         actually rendered within the meaning of section 28OG(b)(4) of the
         Code in excess of the base amount within the meaning of section
         28OG(b)(3) of the Code, or are otherwise not subject to the Excise
         Tax, (b) the amount of the Total Payments which shall be treated as
         subject to the Excise Tax shall be equal to the lesser of (1) the
         total amount of the Total Payments of (2) the amount of excess
         parachute payments within the meaning of section 28OG(b)(1) (after
         applying clause (q) above, and (c) the value of any non-cash benefits
         or any deferred payment or benefit shall be determined by the
         Company's independent auditors in accordance with the principles of
         section 28OG(d)(3) and (4) of the Code. For purposes of determining
         the amount of the Gross-Up Payment, you shall be deemed to pay
         federal income taxes at the highest marginal rate of federal income
         taxation in the calendar year in which the Gross-Up Payment is to be
         made and state and local income taxes at the highest marginal rate of
         taxation in the state and locality of your residence on the Date of
         Termination, net of the maximum reduction in federal income taxes
         which could be obtained from deduction of such state and local taxes.
         In the event that the Excise Tax is subsequently determined to be
         less than the amount taken into account hereunder at the time of
         termination of your employment, you shall repay to the Company at the
         time that the amount of such reduction in Excise Tax is finally
         determined the portion of the Gross-Up Payment attributable to such
         reduction (plus the portion of the Gross-Up Payment attributable to
         the Excise Tax and federal and state and local income tax imposed on
         the Gross-Up Payment being repaid by you if such repayment results in
         a reduction in Excise Tax and/or a federal and state and local income
         tax deduction) plus interest on the amount of such repayment at the
         rate provided in section 1274(b)(2)(B) of the Code. In the event that
         the Excise Tax is determined to exceed the amount taken into account
         hereunder at the time of the termination of your employment
         (including by reason of any payment the existence or amount of which
         cannot be determined at the time of the Gross-Up Payment), the
         Company shall make an additional gross-up payment in respect of such
         excess (plus any interest payable with respect to such excess) at the
         time that the amount of such excess is finally determined.

         (D) The payment provided for in paragraph (B), above, shall be made
         not later than the fifth day following the Date of Termination,
         provided, however, that if the amounts of such payments, and the
         limitation on such payments set forth in paragraph (C), above, cannot
         be finally determined on or before such day, the Company shall pay to
         you on such day an estimate, as determined in good faith by the
         Company, of the minimum amount of such payments and shall pay the
         remainder of such payments (together with interest at the rate
         provided in Section 1274(b)(2)(B) of the Code) as soon as the amount
         thereof can be determined but in no event later than the thirtieth
         day after the Date of Termination. In the event that the amount of
         the estimated payments exceeds the amount subsequently determined to
         have been due, such excess shall constitute a loan by the Company to

                                                                           -7-<PAGE>
         you, payable on the fifth day after demand by the Company (together
         with interest at the rate provided in Section 1274(b)(2)(B) of the
         Code).

         (E) The Company shall also pay to you all legal fees and expenses
         incurred by you as a result of such termination (including all such
         fees and expenses, if any, incurred in contesting or disputing any
         such termination or in seeking to obtain or enforce early right or
         benefit provided by this Agreement).

   (v)   If your employment shall be terminated (a) by the Company other than
         for Cause, Retirement or Disability or (b) by you for Good Reason,
         then for a twenty-four (24) month period after such termination, the
         Company shall arrange to provide you with life, disability, accident
         and health insurance benefits substantially similar to those which
         you are receiving immediately prior to the Notice of Termination.

   (vi)  You shall not be required to mitigate the amount of any payment
         provided for in this Section 4 by seeking other employment or
         otherwise, nor shall the amount of any payment or benefit provided
         for in this Section 4 be reduced by any compensation earned by you as
         the result of employment by another employer, by retirement benefits,
         by offset against any amount claimed to be owing by you to the
         Company, or otherwise.

   (vii) In addition to all other amounts payable to you under this Section 4,
         you shall be entitled to receive all benefits payable to you under
         the Company's retirement programs.

   5. SUCCESSORS; BINDING AGREEMENT

   (i)   The Company will require any successor (whether direct or indirect,
         by purchase, merger, consolidation or otherwise) to all or
         substantially all of the business and/or assets of the Company to
         expressly assume and agree to perform this Agreement in the same
         manner and to the same extent that the Company would be required to
         perform it if no such succession had taken place. Failure of the
         Company to obtain such assumption and agreement prior to the
         effectiveness of any such succession shall be a breach of this
         Agreement and shall entitle you to compensation from the Company in
         the same amount and on the same terms as you would be entitled
         hereunder if you terminate your employment for Good Reason following
         a change in control of the Company, except for purposes of
         implementing the foregoing, the date on which any succession becomes
         effective shall be deemed the Date of Termination. As used in this
         Agreement, "Company" shall mean the Company as hereinbefore defined
         and any successor to its business and/or assets as aforesaid which
         assumes and agrees to perform this Agreement by operation of law, or
         otherwise.

   (ii)  This Agreement shall inure to the benefit of and be enforceable by
         your personal or legal representatives, executors, administrators,

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         successors, heirs, distributees, devisees and legatees. If you should
         die while any amount would still be payable to you hereunder if you
         had continued to live, all such amounts, unless otherwise provided
         herein, shall be paid in accordance with the terms of this Agreement
         to your devisee, legatee or other designee or, if there is no such
         designee, to your estate.

   6.    PRIOR AGREEMENT.   This Agreement is in full and complete
substitution for any prior employment agreement including, if applicable, the
certain Employment Agreement dated December 1, 1981 and the certain agreement
dated October 20, 1988.

   7.    NOTICE.   For the purpose of this Agreement, notices and all other
communications provided for in the Agreement shall be in writing and shall be
deemed to have been duly given when delivered or mailed by United States
registered mail, return receipt requested, postage prepaid, addressed to the
respective addresses set forth on the first page of this Agreement, provided
that all notice to the Company shall be directed to the attention of the Board
with a copy to the Secretary of the Company, or to such other address as
either party may have furnished to the other in writing in accordance
herewith, except that notice of change of address shall be effective only upon
receipt.

   8.    MISCELLANEOUS.   No provision of this Agreement may be modified,
waived or discharged unless such waiver, modification or discharge is agreed
to in writing and signed by you and such officer as may be specifically
designated by the Board. No waiver by either party hereto at any time of any
breach by the other party hereto of, or compliance with, any condition or
provision of this Agreement to be performed by such other party shall be
deemed a waiver of similar or dissimilar provisions or conditions at the same
or at any prior or subsequent time. No agreements or representations, oral or
otherwise, express or implied, with respect to the subject matter hereof have
been made by either party which are not expressly set forth in this Agreement.
The validity, interpretation, construction and performance of this Agreement
shall be governed by the laws of the Commonwealth of Pennsylvania. All
reference to sections of the Exchange Act or the Code shall be deemed also to
refer to any successor provisions to such sections. Any payments provided for
hereunder shall be paid net of any applicable withholding required under
federal, state or local law. The obligations of the Company under Section 4
shall survive the expiration of the term of this Agreement.

   9.    VALIDITY.   The invalidity or unenforceability of any provision of
this Agreement shall not affect the validity or enforceability of any other
provision of this Agreement, which shall remain in full force and effect.

   10.   COUNTERPARTS.  This Agreement may be executed in several
counterparts, each of which shall be deemed to be an original but all of which
together will constitute one and the same instrument.

   11.   ARBITRATION.   Any dispute or controversy arising under or in
connection with this Agreement shall be settled exclusively by arbitration in
Erie, Pennsylvania in accordance with the rules of the American Arbitration

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Association then in effect. Judgment may be entered on the arbitrator's award
in any court having jurisdiction; provided, however, that you shall be
entitled to seek specific performance of your right to be paid until the Date
of Termination during the pendency of any dispute or controversy arising under
or in connection with this Agreement.

Upon your acceptance of the terms set forth in this letter by signing and
returning a copy to the Secretary of the Company, this letter will then
constitute an agreement of the Company.

                              Very truly yours,




                              Chairman, Management Development and             
                              Compensation Committee of the Board of Directors



AGREED TO this                  day
of                      1997.


                                                    
       SIGNATURE



























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