Roanoke Times Copyright (c) 1995, Landmark Communications, Inc. DATE: TUESDAY, September 27, 1994 TAG: 9409270139 SECTION: BUSINESS PAGE: C7 EDITION: METRO SOURCE: ASSOCIATED PRESS DATELINE: BOSTON LENGTH: Short
Raytheon said Monday it has selected a Fall River, Mass., site where it hopes to manufacture trolley cars for Boston and high-speed trains for Amtrak.
With defense spending shrinking, Raytheon spokeswoman Elizabeth Allen said, such diversification is critical. The $9.2 billion company said half its business now involves projects that are not defense-related.
by CNB