Harbour Group Acquires Tech Lighting LLC

May 04, 2004, 01:00 ET from Harbour Group

    ST. LOUIS, May 4 /PRNewswire/ -- Harbour Group has acquired Tech Lighting
 LLC, a leading designer and manufacturer of architectural lighting systems,
 Sam Fox, Harbour Group's Chairman and Chief Executive Officer, announced
 today. The company was purchased from Dixon Midland LLC, a private investment
 group based in Chicago.  Terms of the transaction were not disclosed.
     Based in Skokie, Ill., Tech Lighting was founded in 1983 and has
 approximately 230 employees. The company is a leading designer and
 manufacturer of branded, high quality architectural lighting systems for
 commercial and residential use. The company's extensive product line includes
 more than 6,000 items, marketed under such well known brands as Tech
 Lighting(TM), 2thousand degrees(TM) and tiella(TM). The products enjoy leading
 market shares and are sold nationally through more than 1,000 retail lighting
 showrooms and more than 1,000 commercial electrical distributors. Additional
 information about the company and its products can be found on its website at
     Tech Lighting represents Harbour Group's first entry into the residential
 and commercial lighting sectors. Mr. Fox commented, "Tech Lighting enjoys
 leading market shares, well recognized brand names, a reputation for
 outstanding customer service and an award-winning design team. This
 acquisition is another example of our commitment to companies with outstanding
 products and service. We believe there are significant opportunities for
 further penetration of its existing markets, for entry into new markets, and
 for the acquisition of complementary businesses."
     Joe Higgins, Tech Lighting's President, said the acquisition by Harbour
 Group will allow the company to continue to pursue its growth strategy. He
 commented, "Harbour Group has recognized the value we've created through
 innovative product development, a focus on superior customer service and the
 development of an extensive distribution network. We believe this will be a
 valuable relationship for both companies and we look forward to working with
 them to continue to grow the business."
     Harbour Group is a privately owned company based in St. Louis.  Harbour
 Group and its operating companies are engaged in the manufacture and
 distribution of a wide variety of consumer and industrial products, including
 entertainment products, automotive enthusiast products, automotive aftermarket
 accessories, architectural lighting, hearth and chimney products, auxiliary
 plastic processing equipment, textile machinery, pre-engineered building
 components, and heat exchange equipment.

SOURCE Harbour Group