The city of Elgin is now home to the future of military artillery as BAE Systems opens its doors to a new facility. The army’s new Non-Line Of Sight(NLOS) canon is being built by BAE.
The building is the first to be built in the Fort Sill Industrial Park. BAE Systems already has another, larger building in the works.
“This ten-thousand square foot facility is the start and next year about this time, we’ll be opening up a 150-thousand square foot facility,” says Mark Signorelli who is the BAE Systems Vice President of Army Programs.
BAE Systems expects it’s first NLOS canon’s to roll off the assembly line in mid-2010.
Signorelli says Elgin is the ideal place for this facility.
“Here we’ve got a great work force. A great transportation system, and we’re right next door to Fort Sill. in fact, the boundary of the industrial park is the Fort Sill boundary,” says Signorelli.
The BAE facility is only the beginning for the industrial park which is north east of Fort Sill.
“This is a part of what is going to happen in this park. It’s only a part of some good things.
We have a T.I.F. project that is coming to fruition,” says the Mayor of Elgin, Larry Thoma.
Using the tax increment financing, or T.I.F. Bonds allows for a quicker build out of the park.
“So in order for us to really find the necessary funds, we would have actually had to wait until the lease was complete on the larger facility. So, it would have been a waiting game, and we would have been really behind the curve on the whole project,” says Thoma.
BAE is helping Elgin to develop and flesh out the emerging industrial park by purchasing about three point two million dollars worth of those T.I.F. bonds.
“We think that’s a prudent investment and we’re glad to invest in this community, because we intend to be here for a long time,” says Signorelli
Fort Sill has been the center of an economic boom for Comanche County.
“B.R.A.C. (Base Realignment and Closure) has been tremendous for us. You can drive around and see the growth in Southwest Oklahoma. It’s tremendous. There are houses booming up everywhere in the Elgin area, the Lawton area,” says Thoma.
Elgin’s mayor says the proximity to Fort Sill could lead to more military service companies bringing jobs to Southwest Oklahoma.
“We would like to be known as a military industrial park. We would like to attract companies that have a military interest,” says Elgin’s mayor.