The JPM Company announces expansion.LEWISBURG, Pa.--(BUSINESS WIRE)--Aug. 14, 1996--The JPM JPM J. P. Morgan Chase & Co. (stock symbol) JPM Juan Pablo Montoya (formula 1 driver) JPM Jabatan Perdana Menteri (Malaysia) JPM Journal of Property Management Company (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :JPMC JPMC JP Morgan Chase JPMC Jinnah Postgraduate Medical Centre (Karachi, Pakistan) ) Wednesday announced plans to expand its Pennsylvania operations. The company has reached tentative agreement with the Susquehanna Industrial Development Corp. (SIDCO SIDCO Small Industries Development Corporation SIDCO Suburban Industrial Development Company ) to acquire a 60,000 square foot manufacturing facility for expansion of its wire harness and cable assembly manufacturing operations. Negotiations between the company and SIDCO are continuing with finalization of contract terms expected in the next few years. James P. Mathias, president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. , said, "Continuing strong demand for the company's products and product start up requiring five new production lines with a major customer has required us to expand our Pennsylvania operations." Mathias continued, "We expect to initially staff the new facility in Beaver Springs, Pa. with approximately 100 new production employees." JPM is a leading independent manufacturer of cable assemblies and wire harnesses for original equipment manufacturers in the computer and telecommunications sectors of the electronics industry. The JPM Company is headquartered in Lewisburg and has additional manufacturing facilities in Winnsboro, S.C. and Guadalajara, Mexico. For the further information contact: John Spangler at 717/524-8200. CONTACT: The JPM Company, Lewisburg John Spangler, 717/524-8200 |
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