INLAND VACUUM <IVAC> SETS STOCK SPLIT Inland Vacuum Inc said is board proposed a two-for-one stock split payable to shareholders of record April 30. The board also elected Phillip Frost chairman, succeeding John Durkin, who remains president and chief executive officer. Frost in early February bought 49 pct of the company, Durkin said. Stockholders at the annual meeting approved a measure to change the company's name to IVACO Industries Inc. Five new directors were also elected to the company's board. Durkin was re-elected to the board, the company said.