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Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0000017283-00-000192.txt : 20000214
<SEC-HEADER>0000017283-00-000192.hdr.sgml : 20000214
ACCESSION NUMBER:		0000017283-00-000192
CONFORMED SUBMISSION TYPE:	SC 13G
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20000211
GROUP MEMBERS:		CAPITAL RESEARCH & MANAGEMENT CO
GROUP MEMBERS:		THE NEW ECONOMY FUND

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PARK OHIO HOLDINGS CORP
		CENTRAL INDEX KEY:			0000076282
		STANDARD INDUSTRIAL CLASSIFICATION:	METAL FORGING & STAMPINGS [3460]
		IRS NUMBER:				346520107
		STATE OF INCORPORATION:			OH
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G
		SEC ACT:		
		SEC FILE NUMBER:	005-10446
		FILM NUMBER:		533763

	BUSINESS ADDRESS:	
		STREET 1:		23000 EUCLID AVE
		CITY:			CLEVELAND
		STATE:			OH
		ZIP:			44117
		BUSINESS PHONE:		2166927200

	MAIL ADDRESS:	
		STREET 1:		23000 EUCLID AVE
		CITY:			CLEVELAND
		STATE:			OH
		ZIP:			44117

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PARK OHIO INDUSTRIES INC
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GROWTH INTERNATIONAL INC
		DATE OF NAME CHANGE:	19730404

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DISCOUNT CENTERS INC
		DATE OF NAME CHANGE:	19680605

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CAPITAL RESEARCH & MANAGEMENT CO
		CENTRAL INDEX KEY:			0000017283
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		IRS NUMBER:				951411037
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		SC 13G

	BUSINESS ADDRESS:	
		STREET 1:		333 SOUTH HOPE ST
		STREET 2:		55TH FLOOR
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90071
		BUSINESS PHONE:		2134869200

	MAIL ADDRESS:	
		STREET 1:		333 SOUTH HOPE STREET
		STREET 2:		55TH FL
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90071
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13G
<SEQUENCE>1
<TEXT>


                  SECURITIES AND EXCHANGE COMMISSION
                        Washington, D.C. 20594


                             SCHEDULE 13G

               Under the Securities Exchange Act of 1934


                          (Amendment No. 1)*



                         Park Ohio Holdings Corp.

                             (Name of Issuer)

                               Common Stock

                      (Title of Class of Securities)

                                700666100

                              (CUSIP Number)


Check the following box if a fee is being paid with this statement [ ].
(A fee is not required only if the filing person: (1) has a previous
statement on file reporting beneficial ownership of more than five
percent of the class of securities described in Item 1: and (2) has
filed no amendment subsequent thereto reporting beneficial ownership of
five percent or less of such class.) (See Rule 13d-7).

*The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class
of securities, and for any subsequent amendment containing information
which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not
be deemed to be "filed" for the purpose of Section 18 of the Securities
Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of
that section of the Act but shall be subject to all other provisions of
the Act (however, see the Notes).























<PAGE>



 1   NAME OF REPORTING PERSON
     S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
     Capital Research and Management Company
     95-1411037

 2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                                    (a)

                                                                    (b)

 3   SEC USE ONLY




 4   CITIZENSHIP OR PLACE OF ORGANIZATION

     Delaware


              5   SOLE VOTING POWER

                  NONE


              6   SHARED VOTING POWER
 NUMBER OF
   SHARES
                  NONE
BENEFICIALL
 Y OWNED BY
              7   SOLE DISPOSITIVE POWER
    EACH
 REPORTING
                  850,000
PERSON WITH


              8   SHARED DISPOSITIVE POWER

                  NONE


 9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     850,000   Beneficial ownership disclaimed pursuant to Rule 13d-4


 10  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*




 11  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

     8.0%


 12  TYPE OF REPORTING PERSON*

     IA


                 *SEE INSTRUCTION BEFORE FILLING OUT!








<PAGE>



 1   NAME OF REPORTING PERSON
     S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
     The New Economy Fund
     95-6799669

 2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                                    (a)

                                                                    (b)

 3   SEC USE ONLY




 4   CITIZENSHIP OR PLACE OF ORGANIZATION

     Massachusetts


              5   SOLE VOTING POWER

                  550,000


              6   SHARED VOTING POWER
 NUMBER OF
   SHARES
                  NONE
BENEFICIALL
 Y OWNED BY
              7   SOLE DISPOSITIVE POWER
    EACH
 REPORTING
                  NONE
PERSON WITH


              8   SHARED DISPOSITIVE POWER

                  NONE


 9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     550,000


 10  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*




 11  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

     5.2%


 12  TYPE OF REPORTING PERSON*

     IV


                  *SEE INSTRUCTION BEFORE FILLING OUT








<PAGE>


                  SECURITIES AND EXCHANGE COMMISSION
                         Washington, DC 20549

                             Schedule 13G
               Under the Securities Exchange Act of 1934


Amendment No. 1

Item 1(a)   Name of Issuer:
       Park Ohio Holdings Corp.

Item 1(b)   Address of Issuer's Principal Executive Offices:
       23000 Euclid Avenue
       Cleveland, OH  44117

Item 2(a)   Name of Person(s) Filing:
       Capital Research and Management Company and The New Economy
       Fund

Item 2(b)   Address of Principal Business Office:
       333 South Hope Street
       Los Angeles, CA  90071

Item 2(c)   Citizenship:   N/A

Item 2(d)   Title of Class of Securities:
       Common Stock

Item 2(e)   CUSIP Number:
       700666100

Item 3   The person(s) filing is(are):

       (d)   [X]   Investment Company registered under Section 8 of
            the Investment Company Act.
       (e)    [X]   Investment Adviser registered under Section 203 of
            the Investment Advisers Act of 1940.

Item 4   Ownership

       Capital Research and Management Company, an investment adviser
       registered under Section 203 of the Investment Advisers Act of
       1940 is deemed to be the beneficial owner of 850,000 shares or
       8.0% of the 10,575,000 shares of Common Stock believed to be
       outstanding as a result of acting as investment adviser to
       various investment companies registered under Section 8 of the
       Investment Company Act of 1940.

       The New Economy Fund, an investment company registered under
       the Investment Company Act of 1940, which is advised by Capital
       Research and Management Company, is the beneficial owner of
       550,000 shares or 5.2% of the 10,575,000 shares of Common Stock
       believed to be outstanding.

Item 5   Ownership of 5% or Less of a Class: [ ]

Item 6   Ownership of More than 5% on Behalf of Another Person: N/A




<PAGE>



Item 7   Identification and Classification of the Subsidiary Which
       Acquired the Security Being Reported on By the Parent Holding
       Company: N/A

Item 8   Identification and Classification of Members of the Group:
       N/A

Item 9   Notice of Dissolution of the Group:  N/A

Item 10   Certification

       By signing below, I certify that, to the best of my knowledge
       and belief, the securities referred to above were acquired in
       the ordinary course of business and were not acquired for the
       purpose of and do not have the effect of changing or
       influencing the control of the issuer of such securities and
       were not acquired in connection with or as a participant in any
       transaction having such purpose or effect.

   Signature

       After reasonable inquiry and to the best of my knowledge and
       belief, I certify that the information set forth in this
       statement is true, complete and correct.



        Date:          February 10, 2000 (For the period ended
                       December 31, 1999)


        Signature:     *Paul G. Haaga, Jr.

        Name/Title:    Paul G. Haaga, Jr., Executive Vice
                       President

                       Capital Research and Management Company


        Date:          February 10, 2000 (For the period ended
                       December 31, 1999)


        Signature:     *Vincent P. Corti

        Name/Title:    Vincent P. Corti, Vice President

                       The New Economy Fund




        *By

               James P. Ryan
               Attorney-in-fact

               Signed pursuant to a Power of Attorney dated January 18,
               2000 included as an Exhibit to Schedule 13G filed with
               the Securities and Exchange Commission by Capital
               Research and Management Company on February 10, 2000
               with respect to 3COM Corporation.





CUSIP: 700666100                                                Page 5 of 6


                               AGREEMENT

                            Los Angeles, CA
                           February 10, 2000

  Capital Research and Management Company ("CRMC") and The New Economy
Fund ("NEF") hereby agree to file a joint statement on Schedule 13G
under the Securities Exchange Act of 1934 (the "Act") in connection
with their beneficial ownership of Common Stock issued by Park Ohio
Holdings Corp.

  CRMC and NEF state that they are each entitled to individually use
Schedule 13G pursuant to Rule 13d-1(c) of the Act.

  CRMC and NEF are each responsible for the timely filing of the
statement and any amendments thereto, and for the completeness and
accuracy of the information concerning each of them contained therein
but are not responsible for the completeness or accuracy of the
information concerning the others.



                 CAPITAL RESEARCH AND MANAGEMENT COMPANY

                 BY:              *Paul G. Haaga, Jr.

                                   Paul G. Haaga, Jr., Executive
                                   Vice President
                                   Capital Research and Management
                                   Company


                 THE NEW ECONOMY FUND

                 BY:              *Vincent P. Corti

                                   Vincent P. Corti, Vice
                                   President
                                   The New Economy Fund


*By

     James P. Ryan
     Attorney-in-fact

     Signed pursuant to a Power of Attorney dated January 18, 2000
     included as an Exhibit to Schedule 13G filed with the Securities
     and Exchange Commission by Capital Research and Management Company
     on February 10, 2000 with respect to 3COM Corporation
     </TEXT>
     </DOCUMENT>
</SEC-DOCUMENT>
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