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Harvard Industries Names Pollazzi Chief Operating Officer

18 November 1997

Harvard Industries Names Pollazzi Chief Operating Officer

    TAMPA, Fla., Nov. 18 -- Roger G. Pollazzi, former chairman
and chief executive officer of The Pullman Company, yesterday was named chief
operating officer of Harvard Industries, Inc., a major supplier of OEM
automotive parts and accessories.  Mr. Pollazzi reports to John W. Adams,
Chairman and Chief Executive Officer.
    At The Pullman Company, Pollazzi oversaw and successfully completed a
$680 million debt for equity conversion.  Mr. Adams said, "We are pleased that
Pollazzi has joined us and anticipate that his background and experience will
enhance the Company's ongoing restructuring efforts."
    A key focus of the restructuring is the future of Doehler-Jarvis, a
troubled Harvard subsidiary.  Harvard had announced plans to sell Doehler-
Jarvis, but is considering other alternatives, including the possibility of
requesting bankruptcy court approval of an orderly wind-down of elements of
Doehler-Jarvis' Toledo manufacturing facility.  Such a move would free Harvard
to focus on the restructuring of more stable Doehler-Jarvis units.
    "Despite their recent problems, the Company's Doehler-Jarvis subsidiaries
have been leaders in aluminum and magnesium castings and finished components
since they designed and manufactured the first aluminum block in the 1950's
for American Motors," noted Pollazzi.
    The Company continues to have discussions with third parties relating to
the future operations and financing of Doehler-Jarvis.  There can be
no assurance that these discussions and the operating restructuring of
Doehler-Jarvis will produce favorable economic results for Doehler-Jarvis and
the Company.
    Consistent with Harvard's focus on its core operations, the Company
recently completed the sale of the Kingway material handling division of
Kingston-Warren to Stanwich Acquisition Corp. for approximately $18 million.
The Company continues to evaluate the possible sale of other non-core business
elements.  In addition, the Company has notified major customers at its Harman
Automotive Plant in Bolivar, Tennessee, that it will cease production in that
facility in ninety days.
    "Harvard Industries, particularly in its core businesses, is positioned
perfectly for significant growth," Pollazzi said.  "When the restructuring is
complete, Harvard will compete again as a major supplier of finished
components for the worldwide automotive industry."  Harvard noted that
Roger Burtraw and Joseph J. Gagliardi will continue at their posts of
President and Chief Financial Officer of Harvard Industries, respectively.
    Harvard Industries, Inc., through its subsidiaries, designs, develops,
and manufactures a broad range of components for original equipment
manufacturers, producing cars and light trucks in North America and abroad.
Harvard Industries and its domestic subsidiaries have been operating under the
protections of Chapter 11 of the United States Bankruptcy Code since
May 8, 1997.

SOURCE  Harvard Industries, Inc.