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NEWPORT NEWS SHIPBUILDING ANNOUNCES LAYOFFS

 NEWPORT NEWS, Va., June 8 /PRNewswire/ -- Newport News Shipbuilding announced today it will lay off 1,000 more employees. The layoff affects 500 workers in Newport News -- 300 hourly and 200 salaried employees. The company also will phase out nearly 500 jobs at the shipyard's Asheville (N.C.) Industries plant, which the shipyard will close by June 1994. All affected employees will receive 60 days notice.
 Pat Phillips, shipyard president and CEO, told employees that this decision did not come easy. He said: "Because of declining submarine and aircraft carrier work and the delays of the Navy's Sealift Program, these actions are imperative to preserve the competitive future of Newport News Shipbuilding. We just do not have enough work for everyone on our roll."
 At Newport News, the 300 hourly and 100 of the 200 salaried employees to be laid off will receive notices next week. The other 100 salaried employees will receive notices over the remainder of the year.
 About 60 of the Asheville Industries employees will receive notices this week. The remaining manufacturing and engineering employees will be phased out over the next 12 months. All Asheville employees are salaried. The Asheville Industries plant primarily supports the shipyard's submarine construction program.
 From the beginning of 1991 through the end of 1993 Newport News Shipbuilding will have lost 6,000 jobs.
 Newport News Shipbuilding is a division of Tenneco Inc. (NYSE: TGT), a Houston-based diversified industrial corporation with major business interests in natural gas pipelines, farm and construction equipment, automotive parts, shipbuilding, packaging and chemicals.
 -0- 6/8/93
 /CONTACT: Jack Garrow of Newport News Shipbuilding, 804-380-3900/
 (TGT)


CO: Newport News Shipbuilding; Tenneco Inc.; Asheville Industries ST: Virginia IN: MAR SU:

MH-TW -- DC008 -- 6402 06/08/93 09:22 EDT
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Publication:PR Newswire
Date:Jun 8, 1993
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