================================================================================
                UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                             ----------------------

                                    FORM 10-Q
                                    ---------

          [X] Quarterly Report Pursuant to Section 13 or 15(d) of the
                        Securities Exchange Act of 1934
               For the quarterly period ended September 30, 1996

          [ ] Transition Report Pursuant to Section 13 or 15(d) of the
                        Securities Exchange Act of 1934
               For the transition period from ________ to ________
               
              ---------------------------------------------------

                         Commission file number 0-22580

                         ------------------------------

                                    JPE, Inc.
             (Exact name of registrant as specified in its charter)

                                    Michigan
                         (State or other jurisdiction of
                         incorporation or organization)

                           900 Victors Way, Suite 140
                              Ann Arbor, Michigan
                    (Address of principal executive offices)

                                   38-2958730
                      (I.R.S. Employer Identification No.)

                                     48108
                                   (Zip Code)

                                 (313) 662-2323
              (Registrant's telephone number, including area code)

                                 Not Applicable
              (Former name, former address and former fiscal year,
                         if changed, since last report)

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the  preceding 12 months (or for such  shorter  period that the  registrant  was
required  to file  such  reports),  and  (2) has  been  subject  to such  filing
requirements for the past 90 days.

                              Yes /X/          No

The total number of the registrant's Common Stock outstanding on September 30,
1996 was 4,582,480.

================================================================================
<PAGE>
                                    JPE, INC.

                                      INDEX

                                                                        Page
Part I.    Financial Information

     Item 1.  Financial Statements
               Consolidated Balance Sheets .............................  3
                - At September 30, 1996 and 1995
                - At December 31, 1995

               Consolidated Statements of Operations ...................  4
                - For the Three and Nine Months Ended
                    September 30, 1996 and 1995

               Consolidated Statements of Cash Flows ...................  5
                - For the Nine Months Ended
                    September 30, 1996 and 1995

               Notes to Unaudited Consolidated 
                Financial Statements ...................................  6

     Item 2.  Management's Discussion and Analysis of Financial
                Condition and Results of Operations ....................  8

Part II.   Other Information

     Item 5.  Other Information ......................................... 12

     Item 6.  Exhibits and Reports on Form 8-K .......................... 12

     Signature .......................................................... 13


<PAGE>
                          PART I. FINANCIAL INFORMATION

ITEM 1.   FINANCIAL STATEMENTS

                                    JPE, INC.
<TABLE>
                           CONSOLIDATED BALANCE SHEETS
                    (Amounts in Thousands, Except Share Data)
<CAPTION>

                                             At Sept. 30,           At Dec. 31,
                                            1996       1995             1995
                                            ----       ----             ----                                            
                                              (Unaudited)
<S>                                      <C>         <C>              <C>   

ASSETS
Current assets:
  Cash and cash equivalents ...........  $    681    $  3,817         $    288
  Accounts receivable, net ............    28,792      26,821           23,410
  Inventory ...........................    33,681      32,508           35,073
  Other current assets ................     2,682       2,596            2,639
                                            -----       -----            -----
                                  
        Total current assets ..........    65,834      65,742           61,410

Property, plant and equipment, net ....    53,733      47,357           49,193
Goodwill, net .........................    27,351      32,990           32,635
Other assets, net .....................     1,388       2,050            1,991
                                            -----       -----            -----
                                          
        Total assets                     $148,308    $148,139         $145,229
                                         ========    ========         ========
                                             

LIABILITIES AND SHAREHOLDERS' EQUITY

Current liabilities:
  Current portion of long-term debt ...  $    107    $    104         $    108
  Accounts payable ....................    19,158      17,503           15,156
  Accrued liabilities .................     4,947       6,563            5,656
  Income taxes payable ................        --          94              174
                                            -----       -----            -----

        Total current liabilities .....    24,212      24,264           21,094

Accrued liabilities ...................     1,147         917            1,194
Deferred income taxes .................     2,251       2,399            2,927
Long-term debt, non-current ...........    84,443      89,369           83,267
                                           ------      ------           ------
                                          
        Total liabilities .............   112,053     116,949          108,482
                                          -------     -------          -------
                                             
Shareholders' equity:
  Preferred stock, 3,000,000 authorized,
   no shares issued and outstanding ...        --          --               --
  Common stock, no par value, 15,000,000
   authorized, 4,582,480 and 4,473,930
   issued and outstanding at September
   30, 1996 and December 31, 1995,
   respectively, and 3,973,930 shares
   issued and outstanding at
   September 30, 1995. ................    27,921      22,707           27,301
  Retained earnings ...................     8,334       8,483            9,446
                                            -----       -----            -----
                                     
    Total shareholders' equity ........    36,255      31,190           36,747
                                           ------      ------           ------
                                                          
        Total liabilities and
          shareholders' equity ........  $148,308    $148,139         $145,229
                                         ========    ========         ========
                                                      
</TABLE>

                   The accompanying notes are an integral part
                    of the consolidated financial statements.

<PAGE>

                                    JPE, INC.
<TABLE>
                      CONSOLIDATED STATEMENTS OF OPERATIONS

         For the Three and Nine Months Ended September 30, 1996 and 1995
                  (Amounts in Thousands, Except Per Share Data)
                                   (Unaudited)

<CAPTION>
                                       Three Months             Nine Months
                                           Ended                   Ended
                                       September 30,           September 30,
                                      1996       1995         1996       1995
                                      ----       ----         ----       ----
<S>                                 <C>        <C>          <C>        <C> 

Net sales ........................  $50,142    $44,886      $153,732   $124,616

Cost of goods sold ...............   43,163     35,707       126,589     98,000
                                     ------     ------       -------     ------
                              
   Gross profit ..................    6,979      9,179        27,143     26,616

Charge for impairment
 of goodwill (Note B) ............    4,300        --          4,300        --

Selling, general and 
 administrative expenses .........    6,686      5,747        18,667     16,390
                                      -----      -----        ------     ------
                                       

   Operating profit (loss) .......   (4,007)     3,432         4,176     10,226

Interest expense, net ............   (1,718)    (1,902)       (5,252)    (4,492)
                                     ------     ------        ------     ------ 
                                      

     Income (loss) before
      taxes ......................   (5,725)     1,530        (1,076)     5,734

Provision for (benefit from)
 income taxes ....................   (1,819)       650            36      2,248
                                     ------        ---            --      -----
                            

   Net income (loss) .............  $(3,906)     $ 880        (1,112)   $ 3,486
                                    =======      =====        ======    =======
                                    

Earnings (loss) per share ........  $ (0.85)    $ 0.22       $ (0.24)    $ 0.86
                                    =======     ======        ======     ======
                                               

Weighted average
  shares outstanding .............    4,590      4,080         4,585      4,034
                                      =====      =====         =====      =====
</TABLE>
                                          

                   The accompanying notes are an integral part
                    of the consolidated financial statements.


<PAGE>


                                    JPE, INC.
<TABLE>
                      CONSOLIDATED STATEMENTS OF CASH FLOWS

              For the Nine Months Ended September 30, 1996 and 1995
                             (Amounts in Thousands)
                                   (Unaudited)

<CAPTION>
                                                              Nine Months
                                                                 Ended
                                                             September 30,
                                                         1996            1995
                                                         ----            ----
<S>                                                   <C>              <C>
                                                               
Cash flows from operating activities:
  Net income (loss) ................................  $ (1,112)        $ 3,486
  Adjustments to reconcile net income
   (loss) to net cash provided by
   operating activities:
     Depreciation and amortization .................     5,531           4,109
     Loss on impairment of goodwill ................     4,300             --
     Disposal of property and equipment ............       405              48
     Changes in operating assets and liabilities:
       Accounts receivable .........................    (5,382)         (2,133)
       Inventory ...................................     1,392          (3,382)
       Other current assets ........................       359              17
       Accounts payable ............................     4,002           2,877
       Accrued liabilities .........................      (756)           (100)
       Income taxes ................................      (174)             96
       Deferred income taxes .......................    (1,078)            675
                                                        ------             ---
                                                           
         Net cash provided by
           operating activities ....................     7,487           5,659
                                                         -----           -----
Cash flows from investing activities:
  Purchase of property and equipment ...............    (8,889)         (2,953)
  Acquisition of Industrial &
     Automotive Fasteners ..........................       --          (15,638)
  Acquisition of Plastic Trim, Inc. ................       --          (40,578)
                                                         -----         ------- 
                                              
         Net cash used for
           investing activities ....................    (8,889)        (59,169)
                                                        ------         ------- 
Cash flows from financing activities:
  Repayments of term loan ..........................        --          (2,519)
  Net borrowings under revolving loan ..............     11,275         68,385
  Repayments of note payable .......................    (10,100)       (12,744)
  Payment of deferred financing costs ..............        --            (278)
  Issuance of common stock .........................        410          1,975
  Tax benefit from exercised stock options .........        210            216
                                                            ---            ---
                                                     
         Net cash provided by
           financing activities ....................      1,795         55,035
                                                          -----         ------
Cash and cash equivalents:
  Net increase in cash .............................        393          1,525

  Cash and cash equivalents, beginning of period ...        288          2,292
                                                            ---          -----
                                                             
  Cash and cash equivalents, end of period .........     $  681        $ 3,817
                                                         ======        =======
                                                                
</TABLE>

                   The accompanying notes are an integral part
                    of the consolidated financial statements


<PAGE>

                                    JPE, INC.
              NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
                             (Amounts in Thousands)


A.       BASIS OF PRESENTATION:

     The accompanying unaudited consolidated condensed financial statements have
been prepared in accordance with generally  accepted  accounting  principles for
interim  financial  information.  Accordingly,  the financial  statements do not
include all of the  information  and  footnotes  required by generally  accepted
accounting  principles  for  complete  financial  statements.  In the opinion of
management,  all adjustments  considered  necessary for a fair presentation have
been included,  and such  adjustments  are of a normal  recurring  nature or are
described in the footnotes herein. The consolidated  financial statements should
be read in conjunction with the financial statements and notes thereto contained
in the JPE, Inc. Annual Report on Form 10-K for the year ended December 31, 1995
and the Forms 10-Q for the quarters ended March 31, 1996 and June 30, 1996.

     December 31, 1995 disclosures within the financial statements and footnotes
have been derived from audited Financial  Statements  included in the Form 10-K;
information  at  September  30, 1996 and 1995 and for the periods  then ended is
unaudited.

B.       GOODWILL IMPAIRMENT:

     During the third quarter of 1996,  management identified that a significant
change had  occurred in the  product  mix of IAF since it was  acquired in March
1995. In accordance with SFAS 121,  "Accounting for the Impairment of Long-Lived
Assets and for  Long-Lived  Assets to be  Disposed  of,"  management  recorded a
$4,300 impairment  writedown of the goodwill  associated with the acquisition of
IAF.  The goodwill was  originally  valued at $6,820 when IAF was acquired  and,
subsequent  to  the  adjustment,   had  a  net  unamortized  carrying  value  of
approximately  $2,140 as of September 30, 1996, based on the current fair market
value of the IAF business which was acquired.


 <PAGE>
                                    JPE, INC.
              NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
                             (Amounts in Thousands)


C.       INVENTORY:

     Inventories by component are as follows:
<TABLE>
<CAPTION>
                            Sept. 30, 1996     Sept. 30, 1995     Dec. 31, 1995
                            --------------     --------------     -------------
         <S>                   <C>                <C>                 <C>

         Finished goods .....  $15,953            $14,280             $16,607
         Work in process ....    4,219              4,795               2,630
         Raw material .......   10,142              9,475              10,780
         Tooling ............    3,367              3,958               5,056
                                ------             ------              ------

                               $33,681            $32,508             $35,073
                               =======            =======             =======
</TABLE>


D.       NONCASH OPERATING, INVESTING AND FINANCING ACTIVITIES:

<TABLE>
<CAPTION>
                                              Sept. 30, 1996     Sept. 30, 1995
                                              --------------     --------------
         <S>                                         <C>             <C>   

         Note payable issued in
         connection with acquisition
         of IAF, secured by a letter
         of credit ........................          --              $10,377

</TABLE>


E.       PROVISION FOR INCOME TAXES:

     The change in the effective tax rate for the third quarter is the result of
losses  recorded.  The  income  tax  benefit  recorded  for  the  third  quarter
represents the anticipated  refund for estimated federal taxes paid for 1996 and
a deferred tax benefit  related to deduction  for  goodwill.  The losses for the
quarter are from Michigan subsidiaries,  which are not subject to a state income
tax. As a result, there is no state income tax benefit related to the losses for
the third  quarter.  The provision for taxes for the nine months  represents the
combined provision for the third quarter and the first half of 1996.

<PAGE>

                                    JPE, INC.


Item 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OF 
         FINANCIAL CONDITION AND RESULTS OF OPERATIONS

     The following  discussion  should be read in conjunction with the financial
statements and notes thereto to assist in understanding the Company's results of
operations,  its financial  position,  cash flows,  capital  structure and other
relevant financial information.


RESULTS OF OPERATIONS

THIRD QUARTER ENDED SEPTEMBER 30, 1996
COMPARED TO THIRD QUARTER ENDED SEPTEMBER 30, 1995

     Net sales for the  third  quarter  of 1996  were  $50,142,000  compared  to
$44,886,000  for the same quarter last year.  The net sales increase of 11.7% is
attributable to higher original equipment manufacturers ("OEM") sales volumes as
a result of a stronger North American  automotive market than in 1995 and a rise
in  Aftermarket  orders.  In addition to the  stronger  automotive  market,  the
Company began  production and shipments of end formed plastic extruded body side
moldings,  which is a proprietary  technology  that was  purchased  from another
company in late 1995.  Net sales for the quarter  ending  September 30, 1996 for
the  Aftermarket  businesses  were 15% above the sales for the similar period in
1995. The higher sales in the Aftermarket are  attributable to increased  market
penetration of heavy duty leaf springs and suspension parts and increased orders
from retail customers due to expansion of customer facilities.  For the quarters
ending  September  30, 1996 and 1995,  net sales for the Company were 62% to OEM
customers and 38% to Aftermarket customers.

     Gross  profit  decreased  24% to  $6,979,000  in the third  quarter of 1996
compared with  $9,179,000  for the third quarter ended  September 30, 1995.  The
gross margin percentages were 13.9% and 20.4% for the third quarters of 1996 and
1995,  respectively.  The  decline  in gross  margin is a result  of  production
difficulties at the Company's  Industrial & Automotive  Fasteners,  Inc. ("IAF")
and Starboard Industries,  Inc. ("SBI")  subsidiaries;  a change in sales mix at
IAF to products  with lower gross  margins;  a reduction in SBI's sales  volumes
attributable  to balancing out several  programs that will not be replaced until
the 1998 model year;  significant start-up costs associated with new OEM product
launches;  increasing  quality  pressures from OEM customers;  and the impact of
incentives  associated with long-term OEM contract  pricing.  In addition to the
above  factors,  the decline in gross margin is  attributable  to  $1,350,000 of
inventory  adjustments relating to  slow-moving/obsolete  inventory and physical
inventory adjustments.


     During the third quarter of 1996,  management identified that a significant
change had  occurred in the  product  mix of IAF since it was  acquired in March
1995. In accordance with SFAS 121,  "Accounting for the Impairment of Long-Lived
Assets and for  Long-Lived  Assets to be  Disposed  of,"  management  recorded a
$4,300,000  impairment writedown of the goodwill associated with the acquisition
of IAF. The goodwill was originally  valued at $6,820,000  when IAF was acquired
and,  subsequent to the  adjustment,  had a net  unamortized  carrying  value of
approximately  $2,140,000  as of September  30, 1996,  based on the current fair
market value of the IAF business which was acquired. This adjustment will reduce
goodwill amortization by $172,000 on an annual basis.

     Selling,  general and administrative expenses increased 16.3% to $6,686,000
in the third  quarter  of 1996 over  $5,747,000  for the third  quarter of 1995.
Selling,  general and administrative  expense for the third quarters of 1996 and
1995 was 13% of net sales. Selling,  general and administrative  expense for the
three months ending September 30, 1996 includes a $850,000 charge related to the
write-down  of an equity  investment  related to the SBI business and  severance
costs for  changes in senior  management  at IAF and SBI.  These  increases  are
partially  offset by management  efforts to contain costs in its Aftermarket and
OEM businesses.

     Net interest  expense  decreased to  $1,718,000  for the three months ended
September  30,  1996 as  compared  to  $1,902,000  for the  three  months  ended
September 30, 1995. The lower interest cost is  attributable  to debt repayments
made during the quarter, resulting in a decrease in the average debt level and a
slightly lower interest rate.

     As a result  of the loss in the  third  quarter,  the  Company  recorded  a
federal  income tax benefit,  partially  offset by state income taxes.  This tax
benefit  represents the  anticipated  refund for estimated  federal income taxes
paid for 1996 and a deferred tax benefit  related to the  deduction of goodwill.
The effective tax rate for the three months ended September 30, 1995 was 42.5%.

     Net loss for the three months ended  September  30, 1996 was  $3,906,000 as
compared to net income of $880,000 for the quarter ended September 30, 1995. The
decrease is attributable to the matters  summarized above. Loss per share during
the third  quarter of 1996 was $.85 as compared  to  earnings  per share of $.22
during the third quarter of 1995.  The decrease is due to the factors  mentioned
above and an increase in the weighted average shares  outstanding.  The weighted
average  shares  outstanding  for the third  quarter of 1996 were  4,590,000  as
compared to 4,080,000 for the third quarter of 1995.  Since the third quarter of
1995, the Company has issued a total of 608,550 shares through a public offering
and its stock option plan.


NINE MONTHS ENDED SEPTEMBER 30, 1996
COMPARED TO NINE MONTHS ENDED SEPTEMBER 30, 1995

     Net sales  for the nine  months  ended  September  30,  1996  increased  to
$153,732,000  from $124,616,000 for the nine months ended September 30, 1995, an
increase of 23%. The increase in net sales is attributable  to the  acquisitions
of two OEM  suppliers  purchased  in the first  half of 1995 and  other  matters
discussed  above.  Net sales for the  Aftermarket  businesses for the first nine
months of 1996 were 7.5% above the sales for the nine months ended September 30,
1995  as a  result  of  the  same  factors  mentioned  in  the  above  quarterly
discussion.  For the nine months ended  September  30,  1996,  net sales for the
Company  were  approximately  63%  to  OEM  customers  and  37%  to  Aftermarket
customers.

     Gross  profit  increased  2% to  $27,143,000  for  the  nine  months  ended
September 30, 1996 as compared with $26,616,000 for the comparable period of the
prior year.  The increase is related to the  acquisitions  of two OEM  suppliers
purchased  in the first and second  quarters  of 1995,  as well as higher  sales
volumes.  Gross  profit  percentages  were  17.7%  and  21.4% for 1996 and 1995,
respectively. This decline in gross margin percentage reflects the impact of the
GM strike in the first quarter of 1996 and matters  discussed above. The Company
estimates that the impact of the GM strike on the gross margin was approximately
$700,000. In addition to the first quarter strike, GM had a three-week strike of
its Canadian operations during October 1996 and is experiencing local strikes in
its U.S. truck plants.  The impact of these strikes on the Company's  operations
will affect fourth quarter  operating  results.  Additionally,  the acquired OEM
businesses have lower gross margin percentages than Aftermarket companies. These
reductions are partially  offset by the recovery of $890,000 in costs related to
the cancellation of a trim program from an OEM customer.

     See the quarterly  discussion for an  explanation of the $4,300,000  charge
for impairment of goodwill.

     Selling, general and administrative expenses increased 13.9% to $18,667,000
for the nine  months  ended  September  30, 1996 over  $16,390,000  for the nine
months ended September 30, 1995. The increase is attributable to the acquisition
of two OEM suppliers in the first and second  quarters of 1995 and other factors
discussed in the quarter  comparison  above. The percentage of selling,  general
and  administrative  expenses to net sales was 12.1% for the nine  months  ended
September 30, 1996 as compared to 13.2% for the  comparable  period of the prior
year. The decline in this percentage is partially attributable to the increasing
significance of the OEM businesses to the  consolidated  income  statement which
tend to have lower levels of selling,  general and administrative costs than the
Aftermarket  businesses.  Additionally,  several cost containment  measures were
established at the Company's corporate office.

     Net  interest  expense  increased to  $5,252,000  for the nine months ended
September 30, 1996 as compared to $4,492,000 for the nine months ended September
30, 1995.  The higher  interest cost is  attributable  to the funds  borrowed to
finance  the two OEM  supplier  acquisitions  made in 1995;  a  slightly  higher
average  debt  level  as a result  of  capital  additions  to  enhance  existing
production technologies and capabilities; and lower cash receipts as a result of
the March 1996 GM plant strike discussed above.

     As a result of the loss for the year to date,  the  Company has reduced its
federal  income tax expense for the nine months ending  September 30, 1996.  The
provision  for income taxes for the first nine months of 1996  represents  state
income taxes,  partially offset by the federal income tax benefit. The effective
tax rate for the nine months ended September 30, 1995 was 39.2%.

     Net loss for the nine months ended  September  30, 1996 was  $1,112,000  as
compared to net income of  $3,486,000  for the nine months ended  September  30,
1995. The decrease is a result of factors  mentioned  above.  Loss per share for
the nine months  ending  September 30, 1996 was $.24 as compared to earnings per
share of $.86 during the first nine months of 1995.  The  decrease is due to the
factors  mentioned  above  and  an  increase  in  the  weighted  average  shares
outstanding.  The weighted average shares  outstanding for the first nine months
of 1996 were 4,585,000 as compared to 4,034,000 for the same period in 1995.


LIQUIDITY AND CAPITAL RESOURCES

     The Company's principal capital requirements are to fund acquisitions,  its
working capital needs, and its acquisition of capital  equipment.  Historically,
the Company has used cash flows  generated by its operations,  borrowings  under
its credit facilities and equity financings to meet these needs.

     The  Company's  principal  source of liquidity  is the $110 million  Second
Amended and  Restated  Credit  Agreement  dated  March 4, 1996.  The Company has
several borrowing rate options under the Agreement based on, among other things,
the bank's  prime rate and LIBOR plus a variable  margin.  The  variable  margin
depends  on the  Company's  cash flows and fixed  charge  coverage  ratios.  The
variable  margin  is  currently  2.1% and the  average  rate on the  outstanding
borrowings at September 30, 1996 was approximately 7.79%. At September 30, 1996,
the available commitment under the Agreement was $26 million. The Company was in
compliance with all covenants as of September 30, 1996. However, the Company has
amended its interest  coverage  ratio for the goodwill  impairment  charge as in
future  periods  this  covenant  could be violated  without the  amendment.  The
amendment  requires the Company to pay a $33,000 amendment fee and increases the
variable margin by 25 basis points until the Company's  interest  coverage ratio
exceeds 1.75.

     Working  capital at  September  30,  1996 was $42.1  million as compared to
$40.3 million at December 31, 1995. The increase in working capital is primarily
attributable  to a higher level of receivables  from increased  sales during the
third  quarter of 1996 from the both the OEM and  Aftermarket  businesses.  Cash
generated from  operations was $7.5 million for the nine months ended  September
30, 1996.  These funds along with increased  borrowings  were used primarily for
additions to property,  plant and equipment  totaling $8.9 million.  The Company
expects that it will be able to satisfy its debt  service,  working  capital and
capital  expenditure  requirements  through cash flow generated from operations,
and to the extent necessary, through borrowings under the Credit Agreement.


<PAGE>

                           PART II. OTHER INFORMATION

                                    JPE, INC.


ITEM 5.   OTHER INFORMATION

     On October 10, 1996,  JPE,  Inc.  announced  that it had signed a letter of
intent to purchase all of the shares of Pebra Inc., a Canadian  manufacturer  of
plastic  injection  molded exterior trim for the original  equipment  automotive
market.  The transaction is subject to the  satisfaction of certain  conditions,
including regulatory approvals and is expected to close by the end of 1996.

     Effective  October 15, 1996,  Gareth L. Reed  resigned as President of JPE,
Inc.'s Aftermarket Group and as a director of JPE, Inc.


ITEM 6.   EXHIBITS AND REPORTS ON FORM 8-K


          a.   Exhibits:

               None.

          b.   Reports on Form 8-K:

               None.


<PAGE>

                                    JPE, INC.

                                    SIGNATURE


     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
Registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.


JPE, Inc.


By: /s/ James J. Fahrner
------------------------
James J. Fahrner
Vice President and Chief Financial Officer
(Principal Financial Officer and
Principal Accounting Officer)


Date:  November 13, 1996


<PAGE>

                                 EXHIBIT INDEX
                                 -------------

EXHIBIT
  NO.                         DESCRIPTION
-------                       -----------

  27                          Financial Data Schedule, which is submitted
                              electronically to the Securities and Exchange
                              Commission for information only and not filed.