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ACTING GOV. SINGEL AND STATE SECRETARY OF COMMERCE GREENBERG VISIT RAILROAD RAIL PROCESSING FACILITY AT PENNSYLVANIA STEEL TECHNOLOGIES

 STEELTON, Pa., Nov. 18 /PRNewswire/ -- Acting Gov. Mark Singel and state Secretary of Commerce Andrew Greenberg visited the construction site of America's most technologically advanced railroad rail processing facility at Pennsylvania Steel Technologies, Inc., here today, bringing with them a state economic development loan of $4 million to be used in support of PST's overall modernization program.
 Earlier this year, PST announced plans to install an in-line railroad rail head-hardening facility, the first in America, along with a state-of-the-art DC electric steelmaking furnace, ladle furnace and vacuum degassing unit to complement PST's existing continuous caster.
 Total cost of the modernization program is expected to approach $80 million.
 The state economic development funds, requested by Dauphin County and administered by the county's Partnership for Regional Investment & Development Enterprise (PRIDE), will be used by PST for infrastructure costs associated with its modernization, including renovation of electrical systems, installation of waste water treatment facilities and demolition of existing structures.
 PST President Andrew R. Futchko, in accepting a ceremonial check from Singel and Greenberg, said, "Our modernization program represents a partnership and a commitment -- between PST and the State of Pennsylvania. The presence here today of Acting Gov. Singel and Secretary Greenberg underscores their personal support of this relationship and it exemplifies the lengths to which the state is willing to go to encourage business and help promote industrial modernization and job security in our commonwealth."
 Futchko also expressed his appreciation for the ongoing cooperation of state Sen. John Shumaker and Rep. Ronald Buxton, as well as the Dauphin County commissioners and Steelton Borough leaders.
 And the PST president placed special emphasis on "the support and commitment of all of our employees -- union and non-union -- and the sacrifices they have made in order to bring about the positive changes that we're seeing within our facility."
 Among those attending today's ceremony was John Reck, District 7, director of the United Steelworkers of America.
 Acknowledging Reck and local union leaders for their support in bringing about the modernization, Futchko said, "The cooperation between labor and management has never been greater here in Steelton and both labor and management have teamed up to make PST the supplier of the best-quality, lowest-cost steel available in the markets we serve."
 Futchko estimated that the local facility's modernization program will be completed within the next several months.
 /delval/
 -0- 11/18/93
 /CONTACT: Gary W. Graham, corporate communications of Bethlehem Steel, 215-694-5350/
 (BS)


CO: Pennsylvania Steel Technologies, Inc. ST: Pennsylvania IN: MNG SU:

MJ-MK -- PH029 -- 6141 11/18/93 15:00 EST
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Publication:PR Newswire
Date:Nov 18, 1993
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