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Following Bankruptcy, Enstrom Helicopter Corporation is Resurrected

After closing its doors in January, the company will be reborn under an Indiana-based entrepreneur.

[Courtesy: Enstrom Helicopter Corporation]
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Key Takeaways:

  • Enstrom Helicopter Corporation, after declaring Chapter 7 bankruptcy and closing, has been purchased by Chuck Surack, founder of Surack Enterprises and Sweetwater Sound.
  • Surack acquired Enstrom with the stated goal of rebuilding the brand as a leading American helicopter manufacturer.
  • This acquisition saves Enstrom after a previous financing deal with MidTex Aviation fell through, integrating it into Surack's existing aviation portfolio which includes Sweet Aviation and Sweet Helicopters.
  • Initial priorities for the revived company include supporting existing Enstrom owners with parts, with plans to eventually build new and updated helicopter models.
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After declaring Chapter 7 bankruptcy in January and closing its doors after nearly 65 years in business, Enstrom Helicopter Corporation has been purchased. 

Chuck Surack

Chuck Surack, the founder of Indiana-based Surack Enterprises, has purchased Enstrom to rebuild the Enstrom brand, or as Surack Enterprises describes it, “one of the leading American-made helicopter manufacturers as it once was.”

Michael Wildes

Michael Wildes holds a master’s degree in Logistics & Supply Chain Management, and a bachelor’s degree in Aeronautical Science, both from Embry-Riddle Aeronautical University. Previously, he worked at the university’s flight department as a Flight Check Airman, Assistant Training Manager, and Quality Assurance Mentor. He holds MEI, CFI & CFII ratings. Follow Michael on Twitter @Captainwildes.

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