	white engine bought by private investor white engine a manufacturer of industrial and automotive diesel and gasoline engines with more than mln dlrs in sales said it has been sold to a group of group investors white engine said the purchase is led by donald stewart a private investment banker along with white senior executives a source close to the transaction said the purchase prices is being set at more than mln dlrs the company said it will change its name to hercules engines inc and stewart will be the majority interest owner as well as the president and chief executive officer in addition john lennon current chairman and chief executive officer will remain as chairman he company said and joseph g scheetz currently president will be vice chairman according to the company reuter 
