Native American Reservation Signs Joint-Venture
According to Benito F. Valencia, chairman of the Pascua Yaqui Tribe of Arizona, and Anthony C. Mulligan, president and acting CEO of ACM, this is the first Native American high tech manufacturing relationship in the country. They said technology companies have facilities on other reservations, but these are low tech and not involved in high technology research and production.
“The venture is in reality a partnership between the federal government, its prime contractors and the Pascua Yaqui Tribe of Arizona,” said Mulligan. “This partnership will provide volume production of high value-added composite ceramic components used in defense, energy, medical and space-related applications.”
The board of directors of the new venture will be composed of two directors appointed by ACR, two appointed by the Pascua Yaqui Tribal Council and three from industry (to be selected jointly by ACR and the Tribe). The tribe owns the majority of ACM, and the agreement is for 10 years.
ACM will operate out of the ACR facilities in Tucson during the construction phase of its own facility on the reservation. The new 15,000-square-foot facility will be equipped with state-of-the art machinery, and construction is scheduled to begin immediately.
For additional information, call (520) 573-6300 or(520) 883-5000.