FOR IMMEDIATE RELEASE
April 29, 2010

HEATH, OHIO – The Heath-Newark-Licking County Port Authority announced that it has signed an agreement with Goodrich to lease 16,000 sq. ft. with the Port Authority in a proposed new office and clean room building at the Central Ohio Aerospace and Technology Center in Heath. The lease secures a place for Goodrich’s Atlantic Inertial Systems in a 43,461 sq. ft. building on which the Port Authority will soon begin construction. The building is to be built on an existing site on the Aerospace Center campus the Port Authority owns and manages in Heath.

Goodrich’s presence at the Aerospace Center dates back to 1996 when the company became a subcontractor to the privatization-in-place workload at the former Newark Air Force Base. Goodrich, which acquired Atlantic Inertial Systems in December 2009, provides inertial guidance system engineering services and conducts research and development activities at its Heath operation.

"This represents a significant commitment from the Goodrich Corporation that they intend to maintain, secure, and grow the jobs located at this heritage site," said Goodrich’s Heath Site Director Carolyn Matthews. “We are extremely pleased to have the support and backing from our management to go forward with this formal step. We believe this will establish a site to be proud of for our employees, and a place to continue the important work performed in Heath."

The lease of new office space for Goodrich fulfills a need at Heath.

“The new building fulfills a long-sought desire for Goodrich to have modern office space,” said Heath-Newark-Licking County Port Authority President and CEO Rick Platt. “Goodrich and the Port Authority first discussed the need for new facilities at Heath in September 2002. It’s perseverance by Goodrich that allows us to play a part in securing a stable, more productive future for the company, its workforce, the community, and the Aerospace Center in Licking County.”

The Port Authority owns and manages the Central Ohio Aerospace and Technology Center in Heath and is the fourth-largest port authority in Ohio. For more information, visit the Port Authority’s web site at http://hnlcpa.com.