Starcraft Announces Expansion of Tecstar Operation in Grand Prairie, Texas

    GOSHEN, Ind.--June 21, 2002--Starcraft Corporation (OTCBB:STCR) announced today that Tecstar, a firm jointly owned by Starcraft Corporation of Goshen, Indiana and Wheel-to-Wheel, an automotive engineering firm based outside of Detroit, Michigan has signed a facility lease to expand its operation in Grand Prairie, Texas.
    The new 192,000 square foot facility doubles Tecstar's production capacity in Texas.
    The Grand Prairie operation produces up-fit appearance packages for both the GM Suburban and Tahoe sport-utility vehicles. The expansion reflects the strong demand for these vehicles and is part of a multi-year contract with GM that runs through 2006.
    "We are very pleased with Tecstar's performance and believe this further validates our strategic philosophy to become a key supplier in the OEM Automotive Supply business," said Kelly L. Rose, Starcraft's Chairman, CEO and President. "It also reflects GM's commitment to Tecstar, which has proven its ability to meet GM's strict standards for quality and performance."

    Starcraft Corporation, through its ownership interest in Tecstar, LLC is a leading supplier to the OEM automotive supply market. It also supplies service parts and conversion kits to the custom van and pickup truck conversion market.

    This news release contains forward-looking statements regarding projected revenues, financial capabilities, profitability and other matters. Investors are cautioned that actual results may differ materially from such forward-looking statements. Forward-looking statements involve risks and uncertainties including, but not limited to, level of customer demand, competitive pressures and other important factors detailed in the Company's annual report on Form 10-K for fiscal year 2001 filed with the Securities and Exchange Commission.