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Chinese Investment Firm Buys Enstrom

Gemini Sparkle

Key Takeaways:

Menominee, Michigan-based Enstrom Helicopters is now owned by Chongqing Helicopter Investment Co. Enstrom president Jerry Mullins emphasized that the company’s U.S. presence would continue to grow, saying, “It will provide Enstrom with the needed resources to enhance marketing efforts in China and around the world.”

Enstrom has plans to continue expansion in Menominee, having grown its employee roster by 50 percent in the last year and a half. Mullins said the company will also expand its facility to accommodate increased production. The new funding source will also enhance product improvement efforts, marketing, product support and manufacturing refinement efforts aimed at increasing efficiency.

Mark Phelps

Mark Phelps is a senior editor at AVweb. He is an instrument rated private pilot and former owner of a Grumman American AA1B and a V-tail Bonanza.

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