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Adam Aircraft Announces New Manufacturing Facility in Ogden, Utah

Adam Aircraft Announces New Manufacturing Facility in Ogden, Utah
Rick Adam shakes hands with Colorado Lt. Gov. Jane Norton, in June 2004, during her visit to the company’s headquarters at Centennial Airport. Adam Aircraft recently announced it will open a manufacturing and assembly operation in Ogden, Utah.

Rick Adam shakes hands with Colorado Lt. Gov. Jane Norton, in June 2004, during her visit to the company’s headquarters at Centennial Airport. Adam Aircraft recently announced it will open a manufacturing and assembly operation in Ogden, Utah.

Adam Aircraft, headquartered at Centennial Airport in Colorado, recently announced it will open a manufacturing and assembly operation in Ogden, Utah.

The Adam Aircraft facility will be located at the Kemp Ogden Airport Gateway Center. The center is a new, 47-acre, state-of-the-art business park, featuring a highly functional layout offering both air and groundside access. Kemp Development Company has worked closely with Ogden City and the State of Utah to create a business environment that’s nationally competitive and supportive of aerospace manufacturing activities.

Adam Aircraft is leasing 22,000 square feet in the newly completed Kemp Jet Services terminal to manufacture and assemble A500 and A700 aircraft. To accommodate anticipated growth, Kemp will develop, by phases, new facilities for Adam Aircraft on adjacent sites.

“Our company is fortunate to have a backlog in excess of two years on both the A500 centerline twin and the A700 AdamJet,” said Rick Adam, CEO of Adam Aircraft. “Ramping up production is a top priority and we believe Utah will be an excellent location for adding to our existing capacity in Colorado. The quality of the workforce in Utah, the capabilities of the airport facility, and the superior design of the Kemp development were key motivators in our decision process.”

“This announcement is particularly gratifying because Adam Aircraft conducted a thorough review during its site selection process,” said Utah Governor Jon M. Huntsman Jr. “Adam Aircraft recognized that Utah has the skilled workers it needs to establish and grow its manufacturing and assembly operations.”

With 430 employees and more than 100,000 square feet of facilities, Adam Aircraft will use the Gateway Center to parallel its ongoing business in Colorado. In anticipation of FAA type certification, Adam Aircraft has already begun manufacturing customer aircraft. There are currently five customer aircraft undergoing the construction process in Colorado, and with the help of the Ogden facility, the company plans significant production rate growth in 2005.

The A700 AdamJet, a leading aircraft in the closely followed very light jet market, is the company’s follow-on aircraft to the A500 centerline twin. Using the latest carbon-fiber materials for the airframe and highly efficient jet engines manufactured by Williams International, the A700 is designed to deliver superior performance at attractive prices. Customer deliveries of the AdamJet are scheduled to begin in 2006.

The A500 twin-piston aircraft is approaching FAA certification and the new A700 AdamJet is currently undergoing initial flight test. The company’s largest outside investor is Goldman Sachs.

For more information, visit [http://www.adamaircraft.com].

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