Tenneco Inc (ticker: TEN, exchange: New York Stock Exchange (.N))
News Release -
Tenneco Shareowners Meeting Will Be May 13 In ChicagoMEDIA CONTACT: Mike Bazinet 203-863-1073, or 203-273-1075
GREENWICH, Conn., January 14, 1997 -- Tenneco announced today that its board
of directors has scheduled the corporation's annual meeting of shareowners
for 10:30 a.m. (central time), Tuesday May 13, 1997 at First Chicago Center,
One First National Plaza, in Chicago, Ill.
The record date for shareowners to vote at the meeting is March 14, 1997.
Tenneco is a global manufacturing company based in Greenwich, Conn., with
projected 1997 sales of more than $7 billion. The company has operations
in automotive parts (Tenneco Automotive) and packaging (Tenneco Packaging).
Tenneco Automotive is one of the world's largest producers and marketers
of ride control products and exhaust systems through its Monroe Auto Equipment
and Walker Manufacturing units. Tenneco Packaging is among the world's leading
and most diversified packaging companies. Its products include Hefty ®
, Baggies ® and One-Zip ® bags and E-Z Foil ® aluminum bakeware.
In December 1996, the company completed the spin-off to its shareowners
of Newport News Shipbuilding and the merger of Tenneco Energy with El Paso
Energy as the final steps of a complex, five-year corporate transformation
from a conglomerate with diverse businesses into a growth-oriented company
focused on automotive parts and packaging.