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Mexican Industries and Hematite Enter Joint Venture

6 May 2000

    WIXOM, Mich. - Mexican Industries in Michigan and Hematite, a Pavaco Group 
Company, have entered into a joint venture to produce laminated, die cut and 
formed TPE/PE components for the automotive industry.  This process is a result 
of extensive development by Hematite and the introduction to the marketplace 
last year of their SoundGuard(TM) and AquaGuard(TM) components within the 
BodyGuard family of products.  The joint venture company has been established 
as Aguirre Hematite Manufacturing, L.L.C.(AHM).

    Hematite is an innovative supplier of engineered components for noise
control, airflow and water deflection systems to the automotive industry.
Committed to protecting the environment for future generations, Hematite(TM)
supplies components manufactured from 100 percent recycled and recyclable
materials to its global customer base.

    Mexican Industries, which was founded by the late Hank Aguirre, a former
all-star pitcher with the Detroit Tigers, is a leading automotive supplier of
interior trim, plastics and air bag components.  Mexican Industries currently
has three joint ventures in operation; Dos Manos, Aguirre Collins & Aikman
Plastics (ACAP), and Aguirre Safety Technologies (AST), a joint venture with
TRW.

    Aguirre Hematite Manufacturing has obtained a substantial initial order
from General Motors for its new line of trucks being introduced early next
year.  "We have received some interest from Ford Motor Company and intend to
approach DaimlerChrysler, new domestics and systems integrators with our
product offering," said Rod Adams, President of Mexican Industries.  John
Pavanel, President of Hematite, said, "This gives us an opportunity to work
together with Mexican Industries to explore areas where individually, the
achievement would have taken longer to develop."