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MASCOTECH PLANS $6 MILLION EXPANSION OF MINERVA, OHIO PLANT

TAYLOR, Mich., Oct. 17 /PRNewswire/ -- MascoTech, Inc. (NYSE: MSX) will invest more than $6 million to expand its MascoTech Forming Technologies manufacturing facility in Minerva, Ohio.

The 205,000-square-foot Minerva forging plant manufactures powertrain shafts for the automotive industry. The 16,000-square-foot expansion will increase production by 1.3 million units annually and will add 25 new jobs.

As part of the capital investment, additional equipment will be installed, which will allow for the production of automotive flange axles. The expansion is expected to be completed this month, with production beginning in early 1996.

"The additional space and equipment will definitely enhance our manufacturing capabilities," said Gary Rippon, Minerva plant manager. "The investment will benefit both our customers and this community."

According to Rippon, the plant will add a continuous flow manufacturing process to its traditional hot forging process. "Continuous flow" is a high-volume, low-cost manufacturing process that achieves decreased cycle times through innovative techniques such as quick die changes and improved induction heating systems. "The result is a more efficient operation that delivers high-quality, low-cost products to our automotive customers," Rippon said.

MascoTech Forming Technologies is a division of the Powertrain and Chassis Group of Taylor, Mich.-based MascoTech, Inc. MascoTech's core business groups include MascoTech Powertrain and Chassis Group, specializing in diverse, state-of-the-art metalworking processes for engine, transmission, axle, final drive, chassis and suspension components; MascoTech Technical Services Group, which provides engineering, design and other professional services; and MascoTech Aftermarket Group, which manufactures products for distribution to the automotive aftermarket.
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/CONTACT: Skip Cypert, 313-374-6646, or Kurt Ruecke, 810-299-8566, both of MascoTech/

(MSX)

CO: MascoTech, Inc.; MascoTech Forming Technologies ST: Michigan, Ohio IN: AUT MNG SU:

SM -- DE016 -- 5887 10/17/95 11:00 EDT
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Publication:PR Newswire
Date:Oct 17, 1995
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