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Autocam Completes Acquisition of Brazilian Manufacturer

30 January 1998

Autocam Completes Acquisition of Brazilian Manufacturer

    KENTWOOD, Mich., Jan. 30 -- Kentwood, Michigan-based Autocam
Corporation today announced that it completed the previously-
announced purchase of a controlling interest in the business of Qualipart
Industria E Comercio Ltda., a Brazilian manufacturer of precision-machined
metal components with operations in Campinas and Pinhal, Brazil, for $10.2
million.  Annual sales of Qualipart, consisting primarily of gasoline and
diesel fuel injector components to leading global automotive and heavy
construction original equipment manufacturers and their tier-one suppliers,
approximate $15 million.  The investment was financed through bank borrowings
and notes issued to the seller.
    "We are very excited about this investment," Autocam President John C.
Kennedy said.  "Qualipart has a strong base of business and manufacturing
capabilities which will allow us to expand and strengthen relationships with
three key customers who have asked us to produce fuel systems components in
the Brazilian market."  Kennedy added that he expects the acquisition to be
slightly accretive to Autocam's earnings in fiscal 1998, and anticipates
earnings improvement as the Company receives additional business it believes
is available.
    This release contains forward-looking statements relating to future
financial results.  Actual results may differ materially as a result of
factors over which the Company has no control.  These risk factors and
additional information are included in the Company's reports on Form 10-K on
file with the Securities and Exchange Commission.
    Autocam manufactures precision-machined parts used in automotive fuel
systems, anti-lock braking systems, automotive electric motor assemblies,
medical devices, and computer electronics.  Autocam's common stock trades on
the Nasdaq National Market under the symbol "ACAM."  For more information on
the Company, visit our Internet website at http://www.autocam.com.

SOURCE  Autocam Corporation