The Virginian-Pilot
                             THE VIRGINIAN-PILOT 
              Copyright (c) 1994, Landmark Communications, Inc.

DATE: Monday, September 5, 1994              TAG: 9409030364
SECTION: BUSINESS WEEKLY          PAGE: 16   EDITION: FINAL 
SOURCE:  - From wire reports
        
                                             LENGTH: Short :   42 lines

MID-ATLANTIC

29% of Va. firms plan to hire workers in fourth quarter

RICHMOND - About 29 percent of Virginia companies plan to hire workers in the fourth quarter, said Manpower Inc.'s survey.

Expectations are highest in Richmond. Manpower said 37 percent of the Richmond firms surveyed plan to hire staff in the fourth quarter, while 13 percent plan to cut staff. IBM to cut 50 jobs

RALEIGH - IBM Corp. will eliminate more than 50 jobs in its Personal Computer Co. division. The move was expected.

Layoff notices went to about 2,000 Personal Computer workers throughout the nation; 50 to 100 were in North Carolina's Triangle area, an IBM executive told The News & Observer of Raleigh.

CR Industries to add jobs

FRANKLIN, N.C - CR Industries will add 157 jobs in its oil seal production plant over the next three years.

A joint venture of Caterpillar Inc. and CR Industries will produce nonengine oil seal products for the tractor manufacturer, officials said. Tredegar plant moving

GRAHAM, N.C. - Tredegar Industries Inc. plans to close a 128-employee packaging facility in Alsip, Ill., and relocate production in Graham.

The Graham plant will make injection-mold packaging components. Richmond-based Tredegar said it will record a charge of $1.3 million, or 12 cents a share, for the plant closing. by CNB