---

Shiloh Industries, Inc. Completes Acquisition of A.G. Simpson

30 August 2000

Shiloh Industries, Inc. Completes Acquisition of A.G. Simpson (Tennessee)

    CLEVELAND, Aug. 29 Shiloh Industries, Inc. ,
a leading manufacturer of engineered blanks, stamped components and modular
systems for the automotive, heavy truck and other industries, today completed
the previously announced purchase of substantially all of the assets of A.G.
Simpson (Tennessee) Inc. for approximately $47.9 million.
    The assets include a manufacturing plant in Dickson, Tennessee, which is
near Nashville.  Built in 1994 and aggregating some 242,000 square feet, the
plant is a state-of-the-art stamping and assembly facility with 11 presses
ranging from 200 to 2,000 tons.  The facility has flexible robotic welding
cells and assembly capabilities.
    The plant employs approximately 350 and produces stampings, sub-assemblies
and assemblies, principally for Nissan Motor Corporation, Johnson Controls,
Inc., Visteon Corporation, Saturn Corporation, Continental Teves, Inc.,
ArvinMeritor Automotive, Inc., and Ford Motor Company.
    Shiloh Industries President and Chief Executive Officer Jack Falcon said,
"The acquisition is an important strategic step for the Company because it
adds stamping and assembly capacity, places the Company closer to southern
plants of several key customers and enhances the Company's position as a
leading supplier of metal products for seating and interior structural
applications."
    Including the Dickson, Tennessee plant, Shiloh Industries operates 13
subsidiaries comprised of 17 operations in Ohio, Michigan, Georgia, Tennessee
and Mexico.