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$32.7 million tax credit to entice Alliant Techsystems composites plant to Utah

Alliant Techsystems http://www.atk.com/ is considering Utah as the site for a commercial aircraft composites manufacturing facility that would mean more than 840 new jobs over 20 years.

The Governor’s Office of Economic Development Board on Thursday approved a $32.7 million tax credit over 20 years to entice the company to select Utah.

GOED board documents indicate the company will decide on the project location by February, with development to full production to occur over five to seven years.

By Brice Wallace

Deseret News

Full Story: http://www.deseretnews.com/article/1,5143,705269779,00.html

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