Mexican Industries in Michigan and Hematite, a Pavaco Group Company, have entered into a joint venture to produce laminated, die cut and formed TPE/PE components for the automotive industry. This process is a result of extensive development by Hematite and the introduction to the marketplace last year of their SoundGuard(TM) and AquaGuard(TM) components within the BodyGuard family of products. The joint venture company has been established as Aguirre Hematite Manufacturing, L.L.C. (AHM).