Day and Zimmermann signs a new agreement with the U.S. Army to save the Parsons, Kansas ammunition plant, saving the jobs of many.
The company received approvals to sign the purchase and sale agreement to allow the U.S. Army to transfer more than 4,100 acres of land to D & Z. The company will also take part in the environmental cleanup of those acres. The agreement comes after 7 1/2 years of negotiations.
What is left now is to consummate the transfer of property.