Hidden Creek Industries Announces the Appointment of Anthony Barone as Senior Managing Director

MINNEAPOLIS--July 31, 2003--Hidden Creek Industries ("HCI"), a privately held management company, today announced the appointment of Anthony Barone as its senior managing director. Scott Rued, current President and CEO of HCI, has resigned to become a managing partner of Thayer Capital Partners in Washington, D.C.

Barone, 53, has more than 20 years of experience in the manufacturing sector. Most recently, Barone served as CFO of Tower Automotive, Inc. from 1995 to 2003. During his tenure at Tower, the company's annual revenues grew from $225 million to over $2.5 billion. In his role at HCI, Barone will be instrumental in pursuing HCI's long term strategy with its partner, Onex Corporation, and for overseeing its current operating companies.

"We are delighted that Tony will be joining us at HCI," said Eric Rosen, managing director of Onex Corporation. "We have known and worked with Tony over many years and we are confident he will be a great fit with our team."

In addition, Rosen added "We are very grateful for Scott's contributions to HCI over the past 14 years. Under his leadership, HCI has had great success in developing its group of companies. We wish Scott all the best with his new responsibilites at Thayer."

Hidden Creek Industries is a privately held industrial management company based in Minneapolis, MN. HCI and Onex Corporation, which is based in Toronto, make investments in and provide services to affiliated operating companies. Hidden Creek affiliates include: Dura Automotive Systems, Inc., Performance Logistics Group, Inc., J.L. French Automotive Castings, Inc., Trim Systems, Inc. and Bostrom Holding, Inc.