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Nickel Named VP Strategy and E-Business Development For Textron

25 April 2000

Nickel Named Vice President Strategy and E-Business Development For Textron Fastening Systems    

    TROY, Mich., April 25 Edwin (Kip) Nickel has been named
vice president strategy and e-business development for Textron Fastening
Systems.
    (Photo:  http://www.newscom.com/cgi-bin/prnh/20000425/DETU031 )
    Nickel, 42, will guide the development of strategy and provide leadership
for the e-business initiatives within the group.
    "Kip's global experience and multi-industry background will certainly
enhance our operations.  His results-oriented leadership style will help
leverage our strengths across all of our businesses," said Textron Fastening
Systems chairman, president, and chief executive officer Jack Sights.
    Prior to Textron, Nickel served in various positions of increasing
responsibilities at GE Plastics.  His most recent assignment was director,
European commercial operations in the Netherlands.  Prior to that he held
senior management positions in the areas of sales, marketing, product general
management, and customer productivity.
    With over 16,000 employees around the world, Textron Fastening Systems is
the leading global provider of engineered fasteners, state of the art
engineered assemblies, and inventory management services.  With over $2.2
billion in annual revenues, Textron Fastening Systems supplies products and
services to customers in more than 70 countries.
    Textron Inc. (NYSE: TXT) is an $11.6 billion, global, multi-industry
company with market-leading businesses in Aircraft, Automotive, Industrial and
Finance.  Textron has a workforce of over 68,000 employees and major
manufacturing facilities in 30 countries.  Textron is among Fortune magazine's
"Global Most Admired Companies."  Additional information is available at
http://www.textron.com