CTA Acoustics to Remain in Corbin, Kentucky; Has Selected A New 47-Acre Site in Southeast Regional Business Park.

Business Editors/Automotive Writers

CORBIN, Ky.--(BUSINESS WIRE)--March 20, 2003

Decision "Reflects Our Strong Commitment to Our Employees and

Community," Says CTA An abbreviation for cum testamento annexo, Latin for "with the will annexed." Acoustics Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. James Pike This article is about the American bishop. For the 19th century American journalist, see James Shepherd Pike. For the American congressman, see James Pike (politician).

James Albert Pike

James J. Pike, Chairman and Chief Executive Officer of CTA Acoustics, Inc., today announced that the company has selected a site that will enable it to remain in Corbin, Kentucky Corbin is a city in Whitley and Knox counties in southeastern Kentucky. The urbanized area around Corbin extends into Laurel County; this area, known as North Corbin, is not incorporated into the city limits. .

An agreement has been reached identifying the Southeast Regional Business Park as the future site for the company. A final decision on the move is subject to the approval of economic terms by state and local officials.

The 47-acre site, located on the Corbin Bypass in Knox County There are nine counties named Knox County in the United States, all apparently named after Henry Knox:

Knox County, Illinois
Knox County, Indiana
Knox County, Kentucky
Knox County, Maine
Knox County, Missouri
Knox County, Nebraska

, will be the new home for CTA. Building design is currently under way for the construction of three buildings to be occupied by the end of this year.

Mr. Pike said: "This decision reflects our strong commitment to our loyal and dedicated employees, and to the community in which we operate. We have always regarded CTA's employees as a strategic asset. Reaffirming our commitment to them and to the community is not just the right thing to do. It's also a smart business decision."

Pending completion of the new site, CTA will continue to occupy its existing facility in Corbin, as well as the space leased by the company in another building nearby.

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Publication:	Business Wire
Geographic Code:	1USA
Date:	Mar 20, 2003
Words:	220
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