U.S. FIRM TO HELP FOOD PRODUCTION INDUSTRY REBUILD

BAY SHORE, N.Y. -- A group of American businessmen here have cut a deal with the government of Armenia to begin to rebuild that nation's battered food production industry.P&E Food Production Technology Management and Armenia's Ministry of Agriculture have signed a $160 million joint-venture agreement that both parties hope will result in the re-establishment of food processing plants, support businesses

BAY SHORE, N.Y. -- A group of American businessmen here have cut a deal with the government of Armenia to begin to rebuild that nation's battered food production industry.

P&E Food Production Technology Management and Armenia's Ministry of Agriculture have signed a $160 million joint-venture agreement that both parties hope will result in the re-establishment of food processing plants, support businesses such as farm and manufacturing equipment, and an improved distribution system

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