ATK Hosts Visit by Senate Majority Leader Lott to Composite Structures Manufacturing Plant in Iuka, Miss.
Apr 1, 2000
ATK (Alliant Techsystems) (NYSE: ATK) today hosted Senate Majority Leader Trent Lott (R-Miss.) in a visit to the company's Southern Composites Center in Iuka, Miss., where it manufactures composite structures for space launch vehicles, including the new Boeing Delta IV family of vehicles.
Alliant Aerospace Composite Structures Company, Magna, Utah, operates the 325,000-square-foot, state-of-the-art facility at the Tri-State Commerce Park in Iuka. Approximately 200 people work at the plant, which opened in August 1998.
Paul A. Ross, senior group vice president, Aerospace, said ATK is grateful to Senator Lott for the key role he played in bringing the company's composite structures operations to Iuka.
"Senator Lott has been a strong advocate for our operations here from the very beginning," said Ross. "Thanks to his unwavering support, Tishomingo County has 200 new high-quality technical and administrative jobs, and we have an employee group and manufacturing facility that are second to none. This has turned out to be an excellent move for us, and we are pleased to call Iuka home."
"Alliant Techsystems is certainly an asset to Mississippi's rapidly evolving economy," Senator Lott said. "Mississippians now comprise eighty-five percent of this state-of-the-art facility's workforce. In the coming years, I believe Alliant Techsystems will become a catalyst for economic development in Northeast Mississippi, making many more quality jobs available to our state's willing workforce."
Ross said the expansion of ATK's composite structures manufacturing operations is one of the company's key strategies for growth.
"We are well positioned to benefit from an increasing demand for high-performance, lightweight structures for aircraft, satellites, and space launch vehicles," said Ross. "The Iuka facility has the additional capacity to accommodate a significant amount of future growth. That was one of the key factors in our decision to locate here."
Patented manufacturing techniques together with strict and uncompromising attention to process control, schedule, and low cost have made ATK one of the world's leading manufacturers of composite structures. The company operates more fiber placement machines than any other supplier in the world, and is also an industry leader in both hand laid-up and filament-wound composite structures.
Alliant Aerospace Composite Structures Company is part of ATK's Aerospace Group, which comprises the company's space and strategic propulsion and Utah- and Mississippi-based composite structures operations. The group employs approximately 1,700 people in California, Florida, Mississippi, New York, and Utah. Sales in fiscal year 1999 were $395 million.
ATK is a $1.1 billion aerospace and defense company with leading market positions in munitions, solid propulsion, composite structures, and precision electronic fuzes. The company, which is headquartered in Hopkins, Minn., employs approximately 5,800 people and has three business groups: Conventional Munitions, Aerospace, and Defense Systems. ATK news and information can be found on the Internet at http://www.atk.com/
SOURCE: ATK
Contact: Dave Nicponski of ATK, 801-251-2552,
david_nicponski@atk.com
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