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Simpson Industries Announces Dividend

    PLYMOUTH, Mich., Aug. 19 /PRNewswire/ -- Simpson Industries, Inc.
(Nasdaq: SMPS) announces that its Board of Directors declared a quarterly
dividend in the amount of $.10 per share.  The dividend is payable
September 25, 1997 to shareholders of record on September 4, 1997.


SOURCE Simpson Industries, Inc.




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CONTACT:
Vinod Khilnani, Vice President, Chief
Financial Officer & Treasurer, or Rick Koslowski, Manager,
Planning and Analysis, of Simpson Industries, 313-207-6200