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GNB INCORPORATED, PACIFIC DUNLOP UNIT, MOVES TO ATLANTA, ANNOUNCES $40 MILLION RECYCLING CENTER

 GNB INCORPORATED, PACIFIC DUNLOP UNIT, MOVES TO ATLANTA,
 ANNOUNCES $40 MILLION RECYCLING CENTER
 ATLANTA, Sept. 21 /PRNewswire/ -- GNB Incorporated, an automotive and industrial battery manufacturing and recycling company, is moving its headquarters to Atlanta and building a $40 million battery recycling center in Waynesboro, Ga., the company announced today.
 The modern plant will become the centerpiece of the company's business strategy emphasizing closed-loop recycling of lead-acid batteries. This builds on the international strategy of its parent, Pacific Dunlop Ltd., which is building a pilot tire recycling center in Australia.
 "Georgia is a wonderful place to do business, so good we have moved the company's headquarters here," said Graham G. Spurling, president and chief executive officer of GNB. "We have a large customer base in this region of the United States, and are gearing up to expand it even further.
 "We are a company committed to making and selling top-quality products, and are firmly committed to environmental management and recycling. Our partnerships with Wal-Mart, Sam's Club, Pep Boys and regional customers such as Advance Auto Parts and Discount Auto Parts should speak well to our efforts."
 The announcement was made along with the fiscal 1992 earnings release of Pacific Dunlop Ltd., based in Melbourne, Australia.
 GNB has 75 employees in Atlanta and 350 employees in other Georgia cities, with an annual payroll of $12.8 million. The company has 4,871 employees worldwide.
 Spurling moved to Atlanta in June. Previously the headquarters was in Mendota Heights, Minn. The Atlanta headquarters is at 375 Northridge Road, just off Georgia 400.
 GNB said the move and the new plant solidify the company's commitment to Total Battery Management, which encompasses lead-acid battery production, distribution, recycling and reclamation. Because of the hazards lead and acid from batteries pose, recycling is a critical step in helping create a safe and clean environment, Spurling said.
 The recycling center is being designed to live in harmony with the environment. The plant will produce no hazardous waste, and will be designed to exceed all environmental standards. The plant will be built in an industrial park near Waynesboro in rural Burke County, 25 miles south of Augusta.
 Spurling, a board member of the international environmental group Earthwatch, arranged for a biodiversity study of the plant's site by Garrow and Associates of Atlanta. Earthwatch approved of the study methods, which look at the area's natural resources, wetlands and soil, and help assure minimum disruption of wildlife. Archaeological aspects of the site also will be reviewed.
 When it opens, the center will have the capacity to recycle 9 million batteries a year.
 The company operates a Pulsar(R) automotive battery manufacturing plant and an industrial battery manufacturing plant in Columbus, along with recycling operations there. The Columbus recycling unit will be phased out -- without loss of jobs -- when the new plant goes on line the first quarter of 1994. Employees will be offered transfers and training for new jobs.
 Also in Georgia, the company has a distribution center in Columbus, an industrial battery sales office in Decatur, and battery sales and service centers in Austell, Dublin, Savannah and Valdosta. GNB has maintained a sales and marketing office in Atlanta for the last five years.
 Spurling emphasized the importance of the company's Columbus plant. "Our Pulsar racing batteries, which are made in Columbus, are doing extremely well," he said. "And along with the Pulsar technology Champion 1100 and an improved Pulsar Champion Switch for the consumer market, we expect both our Pulsar and industrial plants in the city to be producing batteries for many years."
 GNB's automotive battery products are sold at Wal-Mart, Sam's Club, Advance Auto Parts, Discount Auto Parts, Target Stores and many other marketers throughout the United States. GNB also produces and sells batteries to original equipment manufacturers, including Ford Motor Company. In Georgia, GNB supplies batteries to Ford's Taurus assembly plant in Hapeville.
 -0- 9/21/92
 /EDITOR'S NOTE: Pacific Dunlop's annual earnings release moved separately this morning.
 GNB Incorporated is a battery manufacturing and recycling company based in Atlanta. It is a leading manufacturer of batteries for automotive, heavy duty and industrial uses, with brand names including Champion(R), National(R), Power Breed(R), American(R), Stowaway(R), Action Pack(TM), and Super Crank(R). The company's comprehensive business approach, called Total Battery Management (TBM), is one of the most effective and successful recycling programs in the country. TBM encompasses responsible collection and storage of spent lead acid batteries, safe transportation and reclamation of battery materials, and use of those materials in the manufacture of new batteries. GNB annually recycles the components of 17 million batteries, returning 320 million pounds of lead and 27 million pounds of plastic to battery manufacturing and diverting the materials from the waste stream. The average new GNB battery contains 70 percent post-consumer recycled material./
 /CONTACT: Jeannine Addams of Tarkenton & Addams, 404-231-1132, for GNB Incorporated/ CO: GNB Incorporated; Pacific Dunlop Ltd. ST: Georgia IN: SU:


BR-BN -- AT003 -- 1474 09/21/92 08:17 EDT
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Date:Sep 21, 1992
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