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CLEARFIELD, Utah (AP) -- ATK Aerospace Systems says it will build commercial airframes and engines in Utah, creating 800 jobs over the next 20 years in Davis County.
ATK President and CEO Mark DeYoung on Thursday said the company is equipping a more than 600,000 square-foot facility in Clearfield to produce aircraft composite structures and already has more than $1 billion in contracts to fulfill. ATK says it will start adding jobs this year.
Utah awarded tax incentives tied to the number of jobs ATK creates. In a news release, Gov. Gary Herbert says ATK capital and work force investment is significant.
The Governor's Office of Economic Development provided ATK a tax credit equal to 30 percent of the new tax revenue it generates -- that incentive could reach $19 million.
(Copyright 2010 by The Associated Press. All Rights Reserved.)
