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Harbour Group Subsidiary Acquires JASCO, Inc.

1 August 1997

Harbour Group Subsidiary Acquires JASCO, Inc.

    ST. LOUIS, Aug. 1 -- Sam Fox, chairman and chief executive
officer of Harbour Group, announced today that Hopkins Manufacturing, a
subsidiary of Harbour Group, has acquired JASCO Inc. of Emporia, Kan.  Terms
of the acquisition were not disclosed.
    Hopkins manufactures a number of niche products for the automotive
aftermarket as well as for automobile manufacturers, dealers, repair shops and
safety inspection facilities.  The company employs approximately 325 people
and is headquartered in Emporia, Kan.
    JASCO is engaged in the manufacture and distribution of a broad array of
unique automotive interior accessories which are offered for sale through mass
merchandisers as well as automotive retailers.
    Mr. Fox said the acquisition of JASCO by Hopkins "represents another
example of Harbour Group's commitment to establishing a presence in the highly
fragmented automotive accessory market."  Ken Hopkins, president of Hopkins,
commented, "JASCO is an excellent complement to Hopkins' current product
offering and will help Hopkins establish an increasingly significant presence
in automotive aftermarket."
    Harbour Group is a privately owned industrial holding company based in
St. Louis.  Established in 1976, Harbour Group has made over 98 acquisitions.
Harbour Group specializes in the acquisition and development of industrial
manufacturing companies within mature, fragmented industries which provide the
opportunity for long-term growth through complementary acquisitions.  Harbour
Group's subsidiaries and former subsidiaries (the public companies in which
Harbour Group retains varying amounts of stock ownership) have
10,000 employees worldwide and annual revenues in excess of $1.5 billion and
manufacture a variety of industrial products including cutting tools,
auxiliary processing equipment, construction equipment, paint spraying systems
and accessories, industrial and automotive springs and automated production
equipment.

SOURCE  Harbour Group