HIGH-TECH JOBS COMING TO WOOD COUNTY - DuPont Cutting 650 Jobs, None In WV

(10/31/2002)
Up to 50 high-tech jobs are coming to Wood County, most paying about $45,000 annually. Gov. Bob Wise came to Parkersburg yesterday to announce the opening of Sequelle Communications Alliance, Inc.

The company offers competitively priced wireless broad band communications, with a $5 million dollar investment in the business.

Gov. Wise presented a $600,000 Small Cities Block Grant to help defray the cost of equipment.

The DuPont Company, which has three plants in West Virginia, Parkersburg, Belle and Martinsburg, announced it is cutting 650 jobs from its coatings and color divisions. None of the layoffs will be in West Virginia.

The chemical giant said the move would have an annual pretax savings to the company of about $60 million.