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MascoTech to Open Powder Metal Facility in Spain

16 September 1997

MascoTech to Open Powder Metal Facility in Spain

    TAYLOR, Mich., Sept. 16 -- MascoTech Forming Technologies-
Sintered Components Division of MascoTech, Inc. has announced
plans to construct a new powder metal forging facility in Valencia, Spain.
The investment represents the Company's decision to market its successful
powder metal connecting rods and other powder metal automotive components in
Europe.
    "This demonstrates MascoTech's commitment to support our customers,
globally.  The Valencia facility will enable MascoTech to better serve our
European customer base and introduce powder metal technology to other
European-based vehicle manufacturers," said Lee Gardner, president and chief
operating officer.
    MascoTech Sintered Components Espana S.L. will be located in a new
supplier industrial park adjacent to Ford-Valencia, Spain-Engine, Body and
Assembly Complex.  At full capacity, the facility is expected to employ 200
who will operate several fully-integrated powder metal connecting rod lines
with additional capacity for select conventionally processed powder metal
components such as engine sprockets and bearing caps.
    Headquartered in Taylor, Michigan, MascoTech is a leading supplier of
metalworked components for the global automotive industry, as well as a
supplier of products to the worldwide automotive aftermarket.  Additional
background regarding MascoTech can be found by accessing URL
 http://www.mascotech.com.

SOURCE  MascoTech Corporation