THE WHITE HOUSE
Office of the Press Secretary (Philadelphia, Pennsylvania) ________________________________________________________________________ For Immediate Release April 9, 1999
RADIO ACTUALITY BY THE PRESIDENT ON THE PHILADELPHIA SHIPYARD
Last week, the US Navy and Philadelphia signed several important agreements that are good for the city, the Navy, and our nation. I want to thank Mayor Rendell, the people of the United States Navy and others who were critical to this important achievement. These agreements, combined with the decision by the Norwegian company Kvaerner to invest here, will help transform Philadelphia's huge and historic naval shipyard---generating thousands of high paying jobs, helping to revitalize America's commercial shipbuilding industry. Working together, this remarkable partnership of business, labor, and government will modernize the shipyard and train workers to produce state-of-the art commercial ships. Congratulations to the people of Philadelphia on an important new economic venture.
NOTE: Sound from this statement is available on the White House Press Office Radio Actuality Line at 202/456-5671.