EXHIBIT 23.1

                         Consent of Independent Auditors

The Board of Directors Reinhold Industries, Inc.

We  consent  to   incorporation  by  reference  on  Form  10-KSB/A  of  Reinhold
Industries,  Inc. of our report dated  February  16,  2000,  except for Note 12,
which is as of March 9,  2000,  and  Note  13,  which is as of March  16,  2001,
relating to the  consolidated  balance sheets of Reinhold  Industries,  Inc. and
Subsidiary  as of  December  31,  1999  and 1998  and the  related  consolidated
statements of earnings,  stockholders'  equity and comprehensive income and cash
flows for the years ended  December 31, 1999 and 1998 which  reports  appears in
the December 31, 1999 Annual  Report on Form  10-KSB/40 of Reinhold  Industries,
Inc.

/S/ KPMG  LLP

Los Angeles, California
April 12, 2001