Printer Friendly

STATEMENT FROM TI CHAIRMAN JERRY JUNKINS ON NAFTA DEBATE

 DALLAS, Nov. 9 /PRNewswire/ -- The following statement is issued in response to requests for comments from Jerry Junkins on tonight's debate between Vice President Al Gore and Ross Perot. The debate is on the North American Free Trade Agreement, NAFTA.:
 "Tonight's debate clearly shows that NAFTA is critical to the future of the United States. In the last few weeks, more and more people have begun to understand that the fight against NAFTA has been based on fear and half-truths," said Jerry R. Junkins, TI chairman, president and chief executive officer.
 "The truth is that NAFTA will mean tens of thousands of more jobs in the United States. With NAFTA, the United States can sell more of its products into foreign markets. More sales means more jobs, more jobs means a better U.S. economy.
 "NAFTA boils down to how much the United States wants to participate in the growth of Latin America. Either the United States steps forward, or our foreign competitors will, and then they -- not us -- will reap the economic rewards.
 "Texas Instruments supports NAFTA. As the information age continues, Mexico will be a growth market for semiconductors, TI's primary business. NAFTA will allow TI to serve this market. The result for TI will be 2000 new jobs and additional revenues of half a billion dollars by the year 2002," Mr. Junkins said.
 -0- 11/9/93
 /CONTACT: Terri West, media, 214-995-3481, or 214-867-4931 (home), or Buddy Price, 214-995-2355 or 214/520-6568 (home), both of Texas Instruments/
 (TXN)


CO: Texas Instruments ST: Texas IN: CPR SU:

LD -- NY138 -- 2526 11/09/93 21:29 EST
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Nov 9, 1993
Words:268
Previous Article:THE NEWS CORPORATION LIMITED REPORTS RESULTS
Next Article:AMERICAN AUTOMOBILE MANUFACTURER'S ASSOCIATION ISSUES STATEMENT ON GORE-PEROT NAFTA DEBATE
Topics:

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