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 Goodrich Corporation Expands in Jamestown
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GOODRICH CORPORATION EXPANDS IN JAMESTOWN

Global Aerospace and Defense Supplier to Add Jobs at Jamestown Facility
Up to 150 jobs to be created in the next five years

12/17/03 Jamestown, ND - North Dakota Gov. John Hoeven, along with company and local officials, today announced that Goodrich Corporation, a global aerospace and defense supplier, will be adding jobs to its existing manufacturing facility in Jamestown, N.D.

The site currently manufactures aircraft cargo handling systems. The systems convey and secure cargo on pallets or in containers on an aircraft for fast and easy loading and unloading.

"The expansion of the Goodrich Corporation in Jamestown exemplifies what can happen when we work together," Hoeven said. "Because of the leadership at Goodrich, its workforce and the efforts of our state and local officials, we are here celebrating a true success story for the community and the state. Together, we are creating more, better-paying jobs in North Dakota, and we are furthering growth in our advanced manufacturing sector."

Goodrich Corporation executives considered sites in Alabama, California and Jamestown for the project. "Recently, we were awarded a contract to complete GRID-LOCK´┐Ż Bond and Assembly work for the Boeing Next Generation Spoilers - an entirely new program for Goodrich which is great news for our existing employee base in Jamestown," said Jack Carmola, Segment President, Engine Systems for Goodrich Corporation. "We anticipate up to 150 jobs could be created in the next five years to support further new commercial and military contracts of this kind. We're proud to be part of the Jamestown community and look forward to continuing to add to the growth and prosperity of the city."

GRID-LOCK is an innovative method of joining structural components with simple tongue-and-groove joints. The result is a structurally efficient, double-skinned, ribbed-core structure that is about twice as strong and stiff as traditional materials. Through the use of GRID-LOCK, customers are realizing reductions in cost and weight, while benefiting from increased durability and corrosion resistance, according to Goodrich Corporation.

Jamestown Mayor Charlie Kourajian said, "We partnered with economic development organizations on the local and state level to bring this project to Jamestown, and we are impressed with the support we received from everyone involved. Economic development in North Dakota is working."

Partners on the project include Jamestown Stutsman County Development Corporation, South Central Dakota Regional Council, Job Service North Dakota and the Community Services, Economic Development & Finance and Workforce Development divisions in the North Dakota Department of Commerce.

"We were fortunate to be able to present the most compelling case to Goodrich for this project," said Kirk Heim, chairman of the Jamestown Stutsman County Development Corporation (JSDC). "This expansion means the current building will operate at capacity and another 20,000 square foot building will be immediately renovated to accommodate the project."

According to Lee Peterson, commissioner of the North Dakota Department of Commerce, "The work we have done to assist Goodrich Corporation with their expansion in North Dakota is a perfect example of how local and state economic development groups are working side-by-side with our state's existing business community to assist them with their ongoing growth and prosperity."

Goodrich Corporation, a Fortune 500 company, is a leading global supplier of systems and services to the aerospace and defense industry. Goodrich technology is involved in making aircraft fly, helping them land and keeping them safe. Serving a global customer base with significant worldwide manufacturing and service facilities, Goodrich is one of the largest "pure play" aerospace companies in the world. For more information visit http://www.goodrich.com.



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