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Guide Corporation to Proceed With Development Of Technology and Customer Center

1 November 1999

Guide Corporation to Proceed With Development Of Technology and Customer Center

    ANDERSON, Ind., Nov. 1 -- Guide Corporation said today that
it is proceeding with plans to build its Technology and Customer Center on a
20-acre site in Pendleton, Ind.  The announcement was made jointly by Michael
N. Hammes, chairman and chief executive officer at Guide Corporation, and
Douglas S. McGee, town manager of Pendleton, Ind.
    Guide Corporation is one of the world's largest manufacturers of external
lighting systems for the global automotive industry.  It has more than
3,600 employees worldwide.
    Today's announcement comes on Guide Corporation's first anniversary as an
independent Tier One automotive-lighting supplier.  Guide Corporation traces
its automotive lighting history to 1906.  It was a part of General Motors
until Nov. 1, 1998.
    The 120,000-square-foot, multi-story office building will house an
estimated 400 employees from Guide Corporation's engineering, research and
development, customer service, and corporate departments.  The building will
give the company the capability of housing most non-manufacturing functions
under one roof
    Estimated to cost between $12 and $15 million, Guide's Technology and
Customer Center will be located on a 20-acre site near I-69 and Route 38 in
the Town of Pendleton.  The location is 20 miles northeast of Indianapolis and
10 miles from Anderson.
    Land clearing and other site improvements began in late October.  Mansur
Real Estate Services, Inc., of Indianapolis, is the site developer and general
contractor for Guide Corporation.  Lamson & Condon Architectural Design, Inc.,
of Indianapolis, is designing the structure.
    Headquartered in Anderson, Ind., Guide Corporation has plant operations in
Anderson, Monroe, La., and an additional manufacturing facility in Mexico.
Guide Corporation also has a sales and engineering center in Madison Heights,
Mich., and a joint-venture operation, Sung San, in Taegu, South Korea.