Sat, Aug 15, 2015
New Owner Says Operations And Staffing Will Not Change
H-D Advanced Manufacturing Company (H-D), which specializes in high-precision severe-duty components, has acquired Twin Commander Aircraft LLC parent company Firstmark Corporation. The acquisition was effective June 30.
Operations and staffing at Twin Commander will not change as a result of the change in ownership, according to Twin Commander President Matt Isley. “We will continue to provide the same high level of engineering and parts support through our Service Center network,” Isley said.
The acquisition by H-D brings “significant resources benefitting Twin Commander and its customers through investments in people, facilities, equipment and strength of leadership,” he added. “This partnership will continue to strengthen Twin Commander’s commitment to the integrity and longevity of the global Twin Commander fleet.”
Pittsburgh-based H-D manufactures highly engineered mission-critical products for the energy consumables and motion control markets. The company was founded in 2012 as a partnership among The Riverside Company, Hicks Equity Partners and Weinberg Capital Group. Firstmark is the eighth company H-D has acquired since its founding, and provides it with a new aerospace technology sector.
“Firstmark is led by an excellent management team, and we look forward to working with and supporting Matt Isley and David Devine (executive vice president responsible for Firstmark’s Creedmoor, North Carolina, operations) in establishing a leading Aerospace Technology business, with Firstmark at its core,” noted H-D CEO Chris DiSantis.
(Image provided by Twin Commander Aircraft)
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