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Textron Fastening Systems Names New Group President

6 November 2000

Textron Fastening Systems Names New Group President

              Camilla Denison to Lead Automotive Solutions Group

    TROY, Mich., Nov. 6 Textron Fastening Systems (TFS)
announced today the appointment of Camilla Denison as president of its
Automotive Solutions - Americas group, one of the company's three market-
focused businesses.  She reports to Jake Hirsch, TFS chairman, president, and
chief executive officer.
    In this critical role, Denison will lead the growth of the Automotive
Solutions - Americas group and will oversee all aspects of the organization,
including customer relationships, technology development, operations,
administrative and support functions.
    "Camilla's strong, multi-faceted automotive experience, including
operations and engineering, will be a real asset for TFS, especially as we
work to build and leverage our capabilities in the Automotive Solutions
group," said Hirsch.  "We are thrilled to have her join our team."
    Denison has an impressive background of global automotive business
experience.  She joins Textron from Visteon Corporation where she most
recently served as business unit director for cockpits.  Earlier, she served
as Visteon's chief engineer and operations director for the electronics
division.  Prior to Visteon, she held various positions of increasing
responsibility at ITT Automotive such as vice president - commercial worldwide
for the electrical side of the business.  Beginning her career at General
Motors, Ms. Denison spent ten years there in a variety of engineering and
manufacturing roles.
    Headquartered in Madison Heights, Michigan, Textron Fastening Systems'
Automotive Solutions group is the world's leading single source provider of
automotive fasteners and installation tools.  With 2000 sales forecast at over
$1.2 billion, the group's customer base includes General Motors,
DaimlerChrysler, Ford, and Delphi.  Comprised of well-known product brands
such as Camcar, Elco, Ring Screw Works, Peiner, Boesner, and Sukosim, the
group has locations in North America, South America and Europe.
    Textron Fastening Systems, a $2.2 billion organization, is the leading
provider of engineered fasteners, state of the art engineered assemblies, and
inventory management services.  With over 16,000 employees around the world,
Textron Fastening Systems supplies products and services to customers in
more than 70 countries.
    Textron Inc. 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