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STATE TO HELP LACKAWANNA FIRM MODERNIZE, AND RETAIN 1,200 JOBS

 STATE TO HELP LACKAWANNA FIRM MODERNIZE, AND RETAIN 1,200 JOBS
 SCRANTON, Pa., Nov. 26 /PRNewswire/ -- Gov. Robert P. Casey said today the Governor's Response Team is developing a financial assistance package to modernize the Thomson Consumer Electronics Inc. and help maintain 1,200 jobs at its Dunmore television manufacturing facility.
 "We know how important it is to invest in the technologies that Pennsylvania businesses need to help them compete in the global marketplace," Casey said. "The Governor's Response Team has been meeting with Thomson officials regularly to negotiate a financial assistance package for the company. Soon we will be announcing the terms of that package."
 The Governor's Response Team is the arm of the Department of Commerce that coordinates financial and technical assistance for companies that want to locate or expand in Pennsylvania.
 The governor made his announcement after he and Acting Commerce Secretary Andrew T. Greenberg toured the plant and met with company officials as part of Capitol for a Day events.
 Thomson is the largest manufacturer of television receivers and video products in the United States and the third largest employer in Lackawanna County.
 Celebrating its 25th anniversary, Thomson's Dunmore plant opened with 600 employees as one of the largest state-sponsored economic development projects in Pennsylvania. After four major expansions, it now has 1,200 employees who produce 2 million picture tubes a year.
 Thomson also employs 250 people at its Lancaster plant where it is recognized as a global leader in television research, development, manufacturing, distribution and sales.
 Currently, the company is active in high definition television research, which represents the next generation of television. When the standards for the new technology are approved by the federal government, Thomson will be one of the first to begin production.
 Thomson plans to invest $50 million in the Dunmore plant to gear up for high-density television tube production, including installation of new production and environmental control equipment, building renovation, infrastructure improvements and employee training.
 /delval/
 -0- 11/26/91
 /CONTACT: Bette Phelan of the Commonwealth News Bureau, 717-783-1116, or Ron Jury of the Department of Commerce, 717-783-1132/ CO: Department of Commerce; Thomson Consumer Electronics Inc. ST: Pennsylvania IN: SU:


JS -- PH023 -- 7299 11/26/91 12:34 EST
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Publication:PR Newswire
Date:Nov 26, 1991
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