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Harbour Group Acquires Victor Midland, Inc.

26 October 1999

Harbour Group Acquires Victor Midland, Inc.

    ST. LOUIS, Oct. 25 -- Sam Fox, Chairman and Chief Executive
Officer of Harbour Group, announced today that Harbour Group has acquired
Victor Midland, Inc.  Terms of the transaction were not disclosed.
    Victor Midland, based in Springdale, Ark., owns Spraymart Pressure Supply
and Tuff Manufacturing.  Spraymart is the leading distributor of parts and
accessories for pressure washers.  Tuff is a full-line manufacturer of hot and
cold pressure washers.  Founded in 1988, Victor Midland has 157 employees and
approximately 90,000 square feet of manufacturing and warehousing space.
Products are sold through traditional pressure washer and cleaning equipment
channels.
    Mr. Fox said the acquisition of Victor Midland is another example of
Harbour Group's commitment to the industrial cleaning equipment market.  "This
acquisition is the second this year for C-Tech Industries, formerly known as
Cleaning Technologies Group, Harbour Group's cleaning equipment platform.  It
creates significant marketing and manufacturing synergies with the other C-
Tech companies," he said.
    C-Tech Industries, based in Camas, Wash., is the leading North American
manufacturer and distributor of cleaning equipment.  Through its Hotsy, Landa,
Cuda, and Rhino companies, C-Tech manufactures hot and cold pressure washers,
waste water treatment and recycling systems, evaporators, parts washers,
detergents, parts and accessories.  C-Tech President Andrew Gale said, "The
acquisition of Victor Midland enhances our ability to provide our customers
with the broadest line of industrial cleaning equipment and significantly
improves our ability to service them with parts and accessories.  We look
forward to the synergies it will provide and to further growth through organic
expansion and additional acquisitions in the future."

    Harbour Group is a privately owned company based in St. Louis.  Harbour
Group, its related companies and former subsidiaries (the public companies in
which Harbour Group retains varying amounts of stock ownership), are also
engaged in the manufacture of industrial products including automated
production equipment, auxiliary plastic processing equipment, automotive
accessories, spray equipment and products, textile machinery, component parts
for the computer industry, pre-engineered building components, and heat
exchange equipment.  These businesses have annual revenues in excess of $1
billion.