Piper Aircraft Announces Plans to Expand International Market:
On May 1st, 2009, Piper Aircraft, Inc. announced that Imprimis, a corporate finance and investment management firm based in Bangkok, Singapore and Brunei Darussalem, purchased 100 percent stake in the company from Piper's previous owner, American Capital Ltd. Imprimis cited Piper's considerable growth potential in Asia Pacific, a market that is expected to experience steady growth over the next five years, as one of its top incentives for the acquisition.