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Jim Mallak Joins Textron Automotive Trim Division

16 August 1999

Jim Mallak Joins Textron Automotive Trim Division as Vice President of Finance

    TROY, Mich., Aug. 16 -- Jim Mallak has joined Textron
Automotive Company Trim Division as Vice President of Finance.  The
announcement was made by Bill Maclean, president of Textron Automotive Trim.
    In this position, Mr. Mallak, 44, will be responsible for leading the Trim
Finance organization in supporting division-wide business objectives,
particularly in the areas of growth and performance excellence.
    A 20-year veteran of the automotive industry, Mr. Mallak joins Textron
Automotive Company from Meritor Automotive where he served as Vice President,
Finance for the Heavy Vehicle Systems Group.  Prior to Meritor, Mr. Mallak
held various Finance leadership positions with ITT Automotive.
    Mr. Mallak earned both his undergraduate degree in Accounting and a master
of business administration from Michigan State University, East Lansing,
Michigan.
    With over $2.7 billion in annual revenues and manufacturing locations in
14 countries, Textron Automotive Company Inc. is a leading, global supplier of
instrument panels, cockpit modules, exterior and interior trim, plastic fuel
tanks and automotive systems and components.  Globally recognized for its
breakthrough proprietary technologies and quality, Textron Automotive Company
has received more than 50 awards of excellence from OEMs in North America,
Europe and Asia.
    Textron Inc. is a $10 billion, global, multi-industry company
with market-leading businesses in Aircraft, Automotive, Industrial and
Finance.  Textron has a workforce of over 64,000 employees and major
manufacturing facilities in 23 countries.  Textron is among Fortune magazine's
"America's Most Admired Companies" and Industry Week magazine's "Best Managed
Companies."  Additional information is available at http://www.textron.com .