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COLTEC INDUSTRIES TO MOVE HOLLEY REPLACEMENT PARTS FACILITIES

 NEW YORK, Sept. 9 /PRNewswire/ -- Holley Replacement Parts, a division of Coltec Industries Inc (NYSE: COT), will move its administrative offices, currently located in Warren, Mich. and its warehouse operations, currently located in Goodlettsville, Tenn., into facilities near one of the division's manufacturing operations in Bowling Green, Ky.
 The new warehouse will enable Holley to expedite the shipment of products to distributors because of its strategic location near the manufacturing center. The warehouse and a research and development center, with state-of-the-art equipment, will be located inside an existing 150,000-square-foot building. This relocation is expected to be completed in early 1994. Construction of new administrative offices, including sales and engineering, is slated to begin later this year and be completed in mid-1994. The division will maintain a sales office in Detroit to serve the major automobile manufacturers and other regional customers.
 Nick Vandagriff, president of Holley Replacement Parts, said, "These moves are intended to improve service to all of our customers. The relocations will bring all of our operations within a short distance of each other, improving communications and operating efficiencies. While some employees at our Warren and Goodlettsville facilities will move to Bowling Green, others will not. We regret losing those employees as they have performed extremely well. They are industrious, loyal and highly productive. However, the consolidation will make us more competitive and more responsive to our customers' needs."
 Holley is a leading manufacturer of performance carburetors as well as replacement carburetors, fuel pumps, fuel injection systems, emission control components, intake manifolds and engine accessories.
 Coltec Industries Inc is a New York-based manufacturing company serving aerospace, automotive and other industrial markets.
 -0- 9/9/93R
 /CONTACT: Michael Dunn of Coltec Industries, 212-940-0523/
 (COT)


CO: Coltec Industries Inc; Holley Replacement Parts ST: New York, Kentucky, Tennessee IN: AUT ARO SU:

LG-PS -- NY006R -- 0293 09/09/93 11:38 EDT
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Publication:PR Newswire
Date:Sep 9, 1993
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