Printer Friendly

PENNSYLVANIA CENTRALIZED MAILING SYSTEM NETS $1.5 MILLION IN 1992 SAVINGS

 PENNSYLVANIA CENTRALIZED MAILING SYSTEM NETS
 $1.5 MILLION IN 1992 SAVINGS
 HARRISBURG, Pa., Sept. 4 /PRNewswire/ -- A contract with a centralized mail processing company in Reading, Pa., already has saved $1.5 million for the commonwealth during 1992, according to state General Services Secretary David L. Jannetta.
 Since the commonwealth contracted with JETSORT, Inc. in 1991, the company has processed nearly 100 million pieces of mail, providing savings of $3.7 million in that time.
 The contract, which was awarded through a competitive bid process, enables Pennsylvania to take advantage of U.S. Postal Service discounts for pre-sorted and pre-barcoded mail. Mail is collected at least once daily from 17 state agencies and transported by truck to the Reading facility for processing.
 "The savings continue to exceed our initial estimates," Jannetta said. "This is evidence of Gov. Casey's commitment to explore and implement every opportunity to cut the costs of state government and promote economic development on every front."
 The contract also has contributed to economic development in Pennsylvania by creating jobs and prompting economic investment.
 Because of the state contract, JETSORT made a $1.3 million capital investment in sorting and barcoding devices and spent more than $1 million for other equipment.
 The equipment was obtained from a Pennsylvania firm, which also provides maintenance under a $170,000 annual contract. Additionally, $140,000 in Pennsylvania truck leases was generated with this contract.
 In terms of job creation, the contract brought 18 new jobs to the Reading area. Additional business was obtained from New York and Maryland, resulting in another 16 jobs. Overall, the JETSORT facility in Reading has grown from five employees in September 1990 to 70 employees today. The company's annual payroll exceeds $1 million.
 During the second quarter of 1992 alone, JETSORT processed 22 million pieces of mail for the commonwealth. The net savings obtained during that three-month period was $812,000. The total mail volume for 1992 has been almost 41 million pieces, with net savings of $1.5 million.
 /delval/
 -0- 9/4/92
 /CONTACT: Rose Wuenschel, press secretary of the Pennsylvania Department of General Services, 717-787-3197/ CO: Pennsylvania Department of General Services; JETSORT, Inc. ST: Pennsylvania IN: SU:


LJ -- PH008 -- 6844 09/04/92 10:10 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Sep 4, 1992
Words:373
Previous Article:PARK INNS RESUBMITS PROPOSAL TO COMBINE FRANCHISE SYSTEMS WITH NENDELS
Next Article:HADSON ANNOUNCES EXTENSION OF VOTING DEADLINE FOR PRE-PACKAGED BANKRUPTCY
Topics:


Related Articles
LANDMARK SAVINGS REPORTS EARNINGS OF $5.1 MILLION FOR 1991, INCLUDING FOURTH QUARTER NET INCOME OF $829,000
CENTRALIZED MAILING SYSTEM IN PLACE
LANDMARK SAVINGS ASSOCIATION REPORTS FIRST QUARTER EARNINGS
PROGRESS FINANCIAL CORPORATION REPORTS FIRST QUARTER RESULTS
DOWNEY SAVINGS ANNOUNCES FIRST QUARTER EARNINGS
PEI REPORTS CONTINUING EARNINGS IMPROVEMENT
FLAGSHIP FINANCIAL REPORTS SECOND QUARTER RESULTS
PARKVALE FINANCIAL CORPORATION ANNOUNCES 39 PERCENT EARNINGS INCREASE FOR THE THIRD QUARTER OF FISCAL 1993
PENNSYLVANIA EXTENDS MAIL CONTRACT; SYSTEM HAS SAVED OVER $8.6 MILLION
STATE EXTENDS CONTRACT FOR MAIL SYSTEM THAT HAS SAVED MORE THAN $10 MILLION

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters