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Transportation Technologies Announces Management Changes

11 January 2000

Transportation Technologies Announces Management Changes

    CHICAGO--Jan. 11, 2000--Transportation Technologies Industries, Inc. today announced the following management changes, which are effective immediately:

-    Andrew M. Weller, 53, has been named President and Chief
     Operating Officer of Transportation Technologies Industries, Inc.
     Mr. Weller has been the Executive Vice President and Chief
     Financial Officer of the Company. Thomas M. Begel remains
     Chairman and Chief Executive Officer.

-    James D. Cirar, 53, has been named President and Chief
     Executive Officer of Gunite Corporation, replacing Thomas W. 
     Cook, who has retired. Mr. Cirar previously served as President
     and Chief Executive Officer of the Company's former railcar 
     group from September 1995 to June 1999. Prior to September
     1995, Mr. Cirar was the Plant Manager of the Truck and Bus 
     Assembly Group of General Motors Corporation in Flint,
     Michigan.

-    Timothy A. Masek, 35, Vice President - Corporate Development of
     the Company and President of Bostrom Seating, has been named
     Executive Vice President - Sales and Marketing of the Company. In
     his new position, Mr. Masek will have overall responsibility for
     sales and marketing of the Company's truck component businesses
     as well as responsibility for the Company's Bostrom and Imperial
     businesses.

-    Donald C. Mueller, 36, currently Vice President and Treasurer of
     the Company, has been named Chief Financial Officer.

-    Robert L. Jackson, 53, currently Executive Vice President and
     Chief Operating Officer of Bostrom Seating, has been named
     President and Chief Executive Officer of the seating business.

    "These changes reflect our growth as a top ten supplier to the heavy-duty truck industry," Mr. Begel said. "Our new structure recognizes the outstanding contributions of our management team and will provide an improved and consistent level of commitment and service to our customers."

    Transportation Technologies Industries, Inc. is a leading manufacturer of components for heavy-duty and medium-duty trucks and buses and the truck parts aftermarket. Product lines include: Gunite wheel-end components; Brillion custom iron castings; Imperial body and chassis components; Bostrom truck and bus seating systems; and Fabco steerable drive axles and gearboxes. The Company is headquartered in Chicago, Illinois and has manufacturing operations in Alabama, California, Illinois, Indiana, Pennsylvania, Tennessee, Texas, Virginia, Washington and Wisconsin.

    The statements herein, which are not historical facts, including statements about future expectations, are "forward-looking statements" that involve certain risks and uncertainties that could cause actual future results to differ materially from those stated. These risks are spelled out more fully in the company's SEC filings. The company assumes no obligation to update its forward-looking statements.