EXHIBIT 23





                         Consent of Independent Auditors


We consent to the incorporation by reference in the Registration Statement (Form
S-8 No. 33-01047) pertaining to the Individual Account Retirement Plan of
Park-Ohio Industries, Inc. and Its Subsidiaries of our report dated June 14,
2002, with respect to the financial statements and schedule of the Individual
Account Retirement Plan of Park-Ohio Industries, Inc. and Its Subsidiaries
included in this Annual Report (Form 11-K) for the year ended December 31, 2001.



                                       /s/ Ernst & Young LLP





Cleveland, Ohio
June 24, 2002