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PENNSYLVANIA GOV. CASEY ANNOUNCES LATEST ROUND OF FUNDING FOR UNION SWITCH AND SIGNAL IN PITTSBURGH

 HARRISBURG, Pa., Jan. 10 /PRNewswire/ -- Pennsylvania Gov. Robert P. Casey today announced the approval of $1.45 million in state infrastructure development funding for Union Switch and Signal's project to consolidate its engineering, research and development and technical operations at the Pittsburgh Technology Center.
 Union Switch and Signal is the Pittsburgh Technology Center's first tenant. It will consolidate some of its local operations to the site and subsequently expand. The project is expected to create 350 new jobs and preserve 400 others.
 The infrastructure grant is funded by the Department of Commerce's Business Infrastructure Development (BID) program and is part of nearly $8 million in state monies invested in the project to date. The total cost of the project is $19.5 million.
 Pennsylvania also has invested more than $40 million in the development of the 48-acre Pittsburgh Technology Center, an advanced technology park located on the site of the former Jones and Laughlin steel mill.
 "Pennsylvania has made an enormous investment to convert this former industrial site into a state-of-the-art technology park," Casey said. "This investment is also helping to attract a significant number of new technology firms and jobs to southwestern Pennsylvania and to make Pennsylvania an advanced technology center.
 "In every section of the state, Pennsylvania's economic development programs are helping communities revive old industrial sites and attract new business investments that create new jobs and opportunities for our citizens."
 Union Switch and Signal manufactures railroad switch and signal equipment and transit systems.
 The BID grant will be used by the Urban Redevelopment Authority (URA) of Pittsburgh to pay for part of the construction of a 640-space parking garage at the site. The total cost of the facility is $7.7 million.
 BID grants may be used by municipalities on behalf of industrial firms to acquire land and construct access roads, water and sewer treatment facilities, storm drainage systems and rail and port facilities.
 -0- 1/10/94
 /CONTACT: Dennis V. Curtin of Commonwealth News Bureau, 717-783-1132/


CO: Pennsylvania Governor's Office; Union Switch and Signal ST: Pennsylvania IN: SU:

DM -- PG010 -- 0692 01/10/94 16:14 EST
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Date:Jan 10, 1994
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