Ball Aerospace President & CEO Appointed to Space Foundation Board of Directors
February 13 2008 - 3:15PM
PR Newswire (US)
BOULDER, Colo., Feb. 13 /PRNewswire-FirstCall/ -- Ball Aerospace
& Technologies Corp. President and Chief Executive Officer,
David L. Taylor, was elected to the Space Foundation Board of
Directors on January 7, 2008. The Space Foundation is a nonprofit
organization dedicated to advancing initiatives and educational
endeavors that increase awareness of the benefits and importance of
space. The Foundation's programs include education, research, space
policy advocacy, and professional dialog among the space community.
Through these programs, the Foundation promotes all facets of space
services, including commercial, civil and national security. "We
are especially pleased to welcome our new board members, who
represent the most senior space industry leadership from Wall
Street to Colorado to Canada," said Elliot G. Pulham, Space
Foundation president and chief executive officer. "Our board
represents a vast wealth of experience and expertise across all
sectors of this $220 billion industry and underscores the Space
Foundation's commitment to advancing space endeavors and
strengthening all sectors of the industry through our industry
services, education, space awareness, and research and analysis
programs." Since his appointment as president and CEO of Ball
Aerospace in 2002, Taylor has led the company's expansion into new
markets, producing record sales, profit and backlog. Taylor
previously held a variety of positions within the company,
including chief operating officer and vice president of the
Commercial Space Operations business unit. "Ball Aerospace has
supported the Space Foundation for years and applauds the
achievements it has made to advance the goals of civil, commercial,
and national security space," said Taylor. "As a business leader
serving on the board of directors I look forward to building on
those accomplishments." Ball Aerospace & Technologies Corp.
supports critical missions of important national agencies such as
the Department of Defense, NASA, NOAA and other U.S. government and
commercial entities. The company develops and manufactures
spacecraft, advanced instruments and sensors, components, data
exploitation systems and RF solutions for strategic, tactical and
scientific applications. For more than 50 years, Ball Aerospace has
been responsible for numerous technological and scientific 'firsts'
and acts as a technology innovator for the aerospace market. Ball
Corporation (NYSE:BLL) is a supplier of high-quality metal and
plastic packaging products for beverage, food and household
products customers, and of aerospace and other technologies and
services, primarily for the U.S. government. Ball Corporation and
its subsidiaries employ more than 15,500 people worldwide and
reported 2007 sales of $7.4 billion. Forward-Looking Statements
This release contains "forward-looking" statements concerning
future events and financial performance. Words such as "expects,"
"anticipates," "estimates" and similar expressions are intended to
identify forward-looking statements. Such statements are subject to
risks and uncertainties which could cause actual results to differ
materially from those expressed or implied. The company undertakes
no obligation to publicly update or revise any forward- looking
statements, whether as a result of new information, future events
or otherwise. Key risks and uncertainties are summarized in filings
with the Securities and Exchange Commission, including Exhibit 99.2
in our Form 10-K, which are available at our Web site and at
http://www.sec.gov/. Factors that might affect our packaging
segments include fluctuation in product demand and preferences;
availability and cost of raw materials, including recent
significant increases in resin, steel, aluminum and energy costs,
and the ability to pass such increases on to customers; competitive
packaging availability, pricing and substitution; changes in
climate and weather; crop yields; competitive activity; failure to
achieve anticipated productivity improvements or production cost
reductions, including our beverage can end project; mandatory
deposit or other restrictive packaging laws; changes in major
customer or supplier contracts or loss of a major customer or
supplier; and changes in foreign exchange rates, tax rates and
activities of foreign subsidiaries. Factors that might affect our
aerospace segment include: funding, authorization, availability and
returns of government and commercial contracts; and delays,
extensions and technical uncertainties affecting segment contracts.
Factors that might affect the company as a whole include those
listed plus: accounting changes; changes in senior management;
successful or unsuccessful acquisitions, joint ventures or
divestitures; integration of recently acquired businesses;
regulatory action or laws including tax, environmental and
workplace safety; governmental investigations; technological
developments and innovations; goodwill impairment; antitrust,
patent and other litigation; strikes; labor cost changes; rates of
return projected and earned on assets of the company's defined
benefit retirement plans; pension changes; reduced cash flow;
interest rates affecting our debt; and changes to unaudited results
due to statutory audits or other effects. DATASOURCE: Ball
Corporation CONTACT: Roz Brown of Ball Corporation,
+1-303-533-6059, Web site: http://www.ballaerospace.com/
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