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Gold/Mining/Energy : UDI-United Dominion Industries

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To: Steve Sucheck who wrote ()9/29/1997 11:30:00 PM
From: John Sladek   of 42
 
September 29, 1997 - Enters Second Joint Venture In India

Flair Corporation, a division of United Dominion Industries Ltd., announced the establishment of a joint venture
with Purif Air and Clean Air, related companies located in Baroda, India, 250 miles north of Mumbai. Flair
Corporation is the world's leading manufacturer of compressed air filtration and dehydration equipment.

The joint venture, called PuriFlair, will manufacture refrigeration and desiccant dryers for compressed air systems
for the Indian market and for export in the Asia/Pacific region. The new venture also will supply dryers and
components for Ingersoll-Rand's Indian operation. United Dominion has invested $1.4 million and will own 76
percent of the joint venture. This is the company's second joint venture in India. The first, Varun Flair Filtration in
Jaipur, was formed last month.

United Dominion manufactures proprietary engineered products for customers worldwide. The company employs
10,500 people at 68 plants in 16 countries.

TEL: (704) 347-6838 Nancy Spurlock, United Dominion Industries Ltd. TEL: (704) 347-6529 Michael Morgan,
United Dominion Industries Ltd.
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