Harper Group Inc. Launches New Commercial Vehicle and Industrial Equipment Leasing Company

    Company will offer its leasing services through their network of 17
    locations across Ontario

    TORONTO, Sept. 18 /CNW/ - Paul and Steve Harper, owners of Harper Group
Inc., the parent company of Harper Power Products Inc. and other companies,
are pleased to announce the launch of their new leasing company Harper Leasing
Inc. The new company will offer custom leasing options on commercial vehicles,
diesel engines, industrial equipment, power units and generator sets.
    "The key driver for our industry continues to be meeting and exceeding
our customers' requirements," said John Cosgrove, President and C.O.O. of
Harper Power Products Inc. "We are pleased to offer our customers a full
service leasing option that can meet their transportation and equipment needs
and lower their overall operating costs."
    The introduction of Harper Leasing Inc. represents another significant
diversification initiative by the Harper Group into the Ontario market.
"Launching a leasing company was the next logical step in order for us to
offer our customers a comprehensive commercial vehicle and industrial
equipment product lineup in the Ontario market at the lowest operating cost,"
said Cosgrove.
    Harper Leasing Inc. will offer access to commercial vehicles in addition
to industrial engines, generator sets, power units, mining vehicles and other
industrial equipment. "We represent the best brands in the commercial vehicle
and industrial engine markets and we can now provide our customers with
additional options when it comes to new vehicle and equipment ownership," said
Paul Harper, Co-Chairman and C.E.O. of Harper Group Inc.
    The Harper Group is also pleased to announce the appointment of Michael
J. Donnelly as General Manager of Harper Leasing Inc. "Mr. Donnelly is the
ideal candidate to lead the new leasing business given his reputable career
attributes and reputation in the industry," said Steve Harper Co-Chairman and
C.E.O of Harper Group Inc. The new Harper Leasing company will operate out of
the Harper Group's 10 Diesel Drive location.
    Harper Leasing Inc. will initially launch with a network of 17 locations
in Ontario and be in a leading position to deliver and support its world class
products to all commercial vehicle and industrial equipment sectors in

    About Harper Group Inc.

    Harper Group Inc. is a strategic holding company for a number of
businesses that represent the world's leading manufacturers of diesel engines,
commercial vehicles and automatic transmissions. Under the umbrella of the
Harper Group Inc. the well known brands of Detroit Diesel, Mercedes-Benz
engines, Allison Transmission, MTU, Katolight generator sets, Freightliner
Trucks, Western Star Trucks, Sterling Trucks, Condor Trucks, RigMaster Power
and Sterling Batteries are marketed and supported.

For further information:

For further information: Scott Hosmer, Marketing Coordinator, Harper
Power Products Inc., (416) 259-3281

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