CLEARFIELD -- ATK Aerospace plans to expand its Clearfield-based operations through a state incentive program, the Governor's Office of Economic Development announced Thursday.
The expansion will add 200 jobs to the 802 jobs ATK announced three years ago at its 615,000-square-foot Aircraft Commercial Center of Excellence at the Freeport Center in Clearfield.
The 1,002 jobs will be added over a 20-year period and will have wages 160 percent more than Davis County's average annual wage, including benefits, said Michael Sullivan, communications director for the economic development office.
ATK will receive, over two decades, an incentive of more than $21 million.
According to the new agreement, ATK will pay more than $214 million in new state wages for the additional employees and $8 million in new state taxes in exchange for the incentive. The company will pay out more than $1 billion in wages for all of its employees, Sullivan said.
"If they don't (expand), they get nothing," Sullivan said.
George Torres, ATK spokesman, said the expansion is necessary, because the company was recently awarded contracts for large domestic and international aircraft companies, including Rolls Royce.
"This is reinforcing our long-term commitment to the state of Utah by hiring more employees and providing more training," Torres said.
The majority of the jobs will be for technicians and engineers.
ATK has been in Clearfield for 30 years, and the new agreement means it will be there for another 30 years, Torres said.
It currently has 900 employees in Clearfield.