WESTINGHOUSE TO DISCONTINUE OPERATIONS AT ABINGDON FACILITY
The plant supplies magnet wire used in the manufacture of a variety of products, including motors and transformers.
Approximately 325 people are employed at the plant, and all eligible employees will receive layoff, outplacement and retirement benefits.
Westinghouse has operated the plant since 1970 as a materials supplier to a number of facilities the corporation has since divested.
"The decision to close the Abingdon facility was a difficult one and was made only after extensive but unsuccessful efforts to sell the business," said Roy Thomas, division general manager. "This is a proud plant with a hardworking group of employees. I thank them for their many years of service and contributions to the enterprise."
The Abingdon plant operations will be phased out by the end of the year.
/EDITORS' ADVISORY: Westinghouse Electric Corporation press releases are available at no charge through PRNewswire's Company News On- Call fax service. For a menu of available Westinghouse Electric Corporation press releases or to retrieve a specific release, call 800-758-5804, ext. 965075./
/CONTACT: Roy L. Morrow of Westinghouse, 412-642-3005, or fax, 412-642-4985/
CO: Westinghouse Electric Corporation ST: Virginia, Pennsylvania IN: OIL SU:
CC -- PG009 -- 2693 07/10/95 08:41 EDT
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|Date:||Jul 10, 1995|
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