Enstrom Helicopter Under New Ownership | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

** Airborne 07.21.14--CLICK HERE! ** HD iPad-Friendly Version--Airborne 07.21.14 **
** Airborne 07.18.14--CLICK HERE! ** HD iPad-Friendly Version--Airborne 07.18.14 **
** Airborne 07.16.14--CLICK HERE! ** HD iPad-Friendly Version--Airborne 07.16.14 **

Thu, Jan 10, 2013

Enstrom Helicopter Under New Ownership

Chinese Company Acquired The Helo Manufacturer In Late December

China has gobbled up another aircraft manufacturer. Word comes from Enstrom that as of December 27, 2012, Chongqing Helicopter Investment Co., Ltd (CQHIC), located in Chongqing, China has acquired Enstrom Helicopter Corporation, moving from one foreign owner to another. Chongqing is the fourth largest metropolitan area in China. CQHIC is focused on helping Enstrom expand its reach into China and the rest of the world.  The number of helicopters in Asia represents only a small percent of the number of helicopters in the United States, while Asia has a significantly larger population and is expected to be a major market for helicopters over the next two decades.

“This is a major step in moving Enstrom to a new level,” said Enstrom President Jerry Mullins. “It will provide Enstrom with the needed resources to enhance marketing efforts in China and around the world.  This strong ownership will allow further growth of our business in Menominee, Michigan to meet the demands of the increasing markets around the world, especially Asia.”
 
Enstrom says it has seen a 50% growth in employment over the past 18 months, and with the new ownership will continue to grow to meet current and future demands. Enstrom will be expanding their Menominee facility to address higher production rates.  This will also add business to Enstrom’s US supplier base, which is currently over 450 today.  This new ownership will provide many opportunities, including continued product improvement, increased marketing support, funding for new product development, and manufacturing support to help control and reduce costs.

(Enstrom 408B image from file)

FMI: www.enstromhelicopter.com

Advertisement

More News

NBAA Establishes New Weather Subcommittee

FAA Officials On Hand For The Announcement Of The Group NBAA President and CEO Ed Bolen on Monday announced the formation of a new NBAA group focused on improvements in aviation we>[...]

U.S. House Hearing Will Examine State Of U.S. Aviation Manufacturing

Witness List Includes AEA's Blakey, GAMA's Bunce The Aviation Subcommittee of the U.S. House Transportation Committee, chaired by Congressman Frank LoBiondo (R-NJ), will hold a hea>[...]

ANN's 'Who's Who' At Oshkosh: Katherine Tryon

Introducing Staff, Stringers, Videographers, And People Who Make It All Work Anyone who's ever been to Oshkosh knows that there are hundreds of events and activities as well as ten>[...]

Appeals Court Says FAA May Not Prevent Texas EquuSearch From Using Drones

Once Again, A Federal Judges Has Ruled That The FAA Cannot Stop The Use Of Commercial Drones Unless They Are Enforcing Published Regulations ... The FAA Has A Differing Opinion Ear>[...]

ANN's Daily Aero-Linx (07.23.14)

Expert Craft Building or restoring your own airplane, or even considering a homebuilt project? This site allows you to keep a complete online log of your project, complete with not>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2014 Web Development & Design by Pauli Systems, LC