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PRATT & WHITNEY OUTLINES DETAILS OF RESTRUCTURING PLAN

 EAST HARTFORD, Conn., April 14 /PRNewswire/ -- Pratt & Whitney outlined today further details of its previously announced restructuring plan to eliminate 5 million square feet of facilities by the end of 1995, and to reduce worldwide employment to no more than 30,000 by the end of 1994.
 Pratt's previous action, in January, was the result of a drastic decline in volume in the aerospace industry and in Pratt's forecasted sales.
 Pratt intends to close 2.5 Connecticut manufacturing plants and eliminate 9,000 jobs in the state by the end of 1994, 2,300 more than previously announced. This does not change the year-end 1994 employment target of 30,000 worldwide.
 Pratt & Whitney President Karl Krapek said no final decisions have been made on Connecticut manufacturing operations. He added that the company has begun discussions with the International Association of Machinists and the state on alternatives and partnerships that could limit Connecticut's job loss to 6,700.
 George David, president and chief operating officer of United Technologies Corporation (NYSE: UTX), Pratt's parent company, said these moves would implement Pratt & Whitney's previously announced restructuring and that the charges already made against UTC earnings are adequate to cover costs.
 Krapek said the shop load in the large engine business has declined 30 percent from 1992 to 1993 and 38 percent since 1990. He added that for the company to maintain its competitive position and address the decline in work volume, Pratt has developed a proposal to close all manufacturing in its East Hartford and Southington facilities and half its operations at the North Haven plant. Its January plans had contemplated the movement of work between the Southington and Middletown operations.
 Production from these plants would move principally to Pratt's supplier base, as well to facilities in Georgia and Maine, which will remain open. The company will maintain a significant presence in East Hartford, including its headquarters, Engineering Department, Development Operations, Experimental Assembly and Commercial Engine Business headquarters.
 "Our latest analysis of the supplier base revealed that 30 percent of costs could be saved on selected parts by sourcing with outside vendors," Krapek said.
 "We also found that our plants in Maine and Georgia offer substantial savings caused by a more favorable business environment, plus benefit and wage differences," Krapek said. "Compared with our Connecticut facilities, we clearly have a $6 to $8 per hour advantage on average in manufacturing at these two locations. In addition, delegations from both states recently made proposals potentially adding to those advantages."
 Krapek said the company will consider modifications to its current contract with the IAM and will be exchanging ideas on preserving jobs at union-represented plants in Connecticut.
 The company said it will work with local and state government officials to achieve cost savings in several areas, including R&D-related tax credits, property tax abatement and other forms of assistance. Company officials met with Connecticut Gov. Lowell Weicker Tuesday, and he agreed to aggressively support a state partnership with Pratt. Weicker asked the company to meet with his staff on Thursday, April 15, to decide how to proceed.
 "Our fiercely competitive industry doesn't allow the less competitive cost structure we face in Connecticut," Krapek said. "Our competitors have announced plans to permanently take costs out of their operations through reductions in employment and other actions. To remain a leader, Pratt must size its operations to levels appropriate to the vastly reduced commercial and defense aerospace markets."
 Robert F. Daniell, UTC's chairman and chief executive officer, confirmed Pratt & Whitney's desire to maintain a significant manufacturing presence in Connecticut.
 "That is clearly our preference," Daniell said. "Connecticut is UTC's and Pratt & Whitney's home. But we need help from the state and the IAM if we are to ensure a sizable presence here."
 -0- 4/14/93
 /CONTACT: Mark Sullivan of Pratt & Whitney, 203-565-4415/
 (UTX)


CO: Pratt & Whitney; United Technologies Corporation; International
 Association of Machinists ST: Connecticut, Georgia, Maine IN: ARO SU: RCN


MP-LJ -- NE003 -- 5536 04/14/93 08:55 EDT
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Date:Apr 14, 1993
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