PRZOOM - /newswire/ -
Poplar, MT, United States, 2009/07/21 - ISMS and A&S Diversified announced today the completion of their joint venture (JV) agreement to design, construct, and operate a new manufacturing facility in the Fort Peck Tribal Industrial Park in Poplar, Montana.
This manufacturing JV, KODA Fiber Systems, will focus on high-quality injection and extrusion molded products and other proprietary optical fiber components for the telecommunications industry. New facilities are currently being constructed and operation is expected to begin shortly after they are completed.
Chuck Garfield, CEO of ASD commented, “We are very excited about our JV with ISMS. KODA Fiber Systems will provide a beneficial economic and business development opportunity within the Fort Peck Reservation and direct job opportunities for full time employees and an indirect workforce in the surrounding community. We are confident that KODA will enable new and sustainable economic growth for the Fort Peck Tribe”.
Montana Governor Brian Schweitzer added, “With the potential of 30 to 40 new jobs for the Fort Peck Reservation, this type of joint venture will be a win-win for all.”
“This is exactly the kind of jobs needed here on the Reservation – high paying and long term. I am excited to be part of this project and look forward to expanding opportunities for the people,” said Fort Peck Assiniboine & Sioux Chairman, A.T. Stafne.
KODA will provide economic opportunity for our Native American partners while yielding high quality production, timely delivery and reduced product costs for our municipal FTTH network partners,” added W. James Hettrick, Chairman of ISMS. “We believe that KODA will be an economic engine for the Tribe while supporting our primary focus of sustainable economic community development through enablement.”
About the Fort Peck Tribes, Assiniboine, and Sioux
The Fort Peck Native American Reservation is home to two separate Indian nations, each composed of numerous bands and divisions. Tribal lands cover 3,200 square miles in the extreme northeast corner of Montana. There are an estimated 12,786 enrolled tribal members and the Fort Peck Tribes adopted their first written constitution in 1927. The official governing body is the Tribal Executive Board, composed of twelve voting members, plus a chairman, vice-chairman, secretary-accountant, and sergeant-at-arms.
About A&S Diversified
A&S Diversified is a wholly owned tribal business of the tribal members of the Fort Peck Reservation in Northeastern Montana. It is federally chartered 8(a) tribal industry located in a certified HUBzone with the sole purpose of assisting the tribal members of the Fort Peck Reservation with regional economic development. A&S Diversified is committed to incorporating the "best business practices" to deliver the highest quality services and products to their customers.
About Information Systems Management Solutions, Inc. (ISMS)
ISMS (is-ms.com), based in Redlands, CA designs, funds, builds, and operates FTTH Networks in partnership with municipalities and developers. By building and owning an advanced communications infrastructure, communities can now take more control of their financial destiny through enhanced economic development and job creation, while gaining a marketing edge for recruitment of future business development. ISMS is partnering with these cities to change the current business model and keep locally generated revenues in the local market to help build healthier local communities.