TB Wood's Shareholders Elect New Director

Apr 19, 2001, 01:00 ET from TB Wood's Corporation

    CHAMBERSBURG, Pa., April 19 /PRNewswire/ --
 TB Wood's Corporation (Nasdaq: TBWC) announced that James R. Swenson has been
 elected to the Board of Directors.  Mr. Swenson is the former Group Chief
 Executive of the Automation Division of Invensys plc.  TB Wood's Chairman,
 Thomas C. Foley, commenting on the announcement, said, "We are delighted that
 Jim has agreed to join our Board.  His extensive industry knowledge and
 experience will prove an invaluable asset as we continue to pursue growth
 opportunities for our Company."
     Mr. Foley also expressed his gratitude to J.P. Conte who recently retired
 from the Board after more than ten years of dedicated service to the Company.
 Mr. Foley said, "We appreciate and will miss the assistance, wise counsel, and
 enthusiasm J.P. brought to our Board and we are grateful he has offered to
 remain available to us on an informal basis."
     TB Wood's is an established designer, manufacturer and marketer of
 electronic and mechanical industrial power transmission products, which are
 sold to North American and international manufacturers and users of industrial
 equipment.  Headquartered in Chambersburg, Pennsylvania, the Company operates
 production facilities in the United States, Canada, Mexico, Germany, and
 Italy.
     This press release contains statements which are forward looking within
 the meaning of applicable securities laws.  These statements include or imply
 projections of future performance that are based upon the Company's
 expectations and assumptions.  These expectations and assumptions, as well as
 the Company's future performance, are subject to a number of risks and
 uncertainties.  Factors that could cause actual results to differ from
 projected results are discussed in various of the Company's documents filed
 with the SEC.
 
 

SOURCE TB Wood's Corporation
    CHAMBERSBURG, Pa., April 19 /PRNewswire/ --
 TB Wood's Corporation (Nasdaq: TBWC) announced that James R. Swenson has been
 elected to the Board of Directors.  Mr. Swenson is the former Group Chief
 Executive of the Automation Division of Invensys plc.  TB Wood's Chairman,
 Thomas C. Foley, commenting on the announcement, said, "We are delighted that
 Jim has agreed to join our Board.  His extensive industry knowledge and
 experience will prove an invaluable asset as we continue to pursue growth
 opportunities for our Company."
     Mr. Foley also expressed his gratitude to J.P. Conte who recently retired
 from the Board after more than ten years of dedicated service to the Company.
 Mr. Foley said, "We appreciate and will miss the assistance, wise counsel, and
 enthusiasm J.P. brought to our Board and we are grateful he has offered to
 remain available to us on an informal basis."
     TB Wood's is an established designer, manufacturer and marketer of
 electronic and mechanical industrial power transmission products, which are
 sold to North American and international manufacturers and users of industrial
 equipment.  Headquartered in Chambersburg, Pennsylvania, the Company operates
 production facilities in the United States, Canada, Mexico, Germany, and
 Italy.
     This press release contains statements which are forward looking within
 the meaning of applicable securities laws.  These statements include or imply
 projections of future performance that are based upon the Company's
 expectations and assumptions.  These expectations and assumptions, as well as
 the Company's future performance, are subject to a number of risks and
 uncertainties.  Factors that could cause actual results to differ from
 projected results are discussed in various of the Company's documents filed
 with the SEC.
 
 SOURCE  TB Wood's Corporation