Investment from its new owner, Chongqing (China) Helicopter Investment Corporation (CQHIC), is giving Enstrom Helicopter of Menominee, Michigan (Hall 3 Stand A93) a strong tailwind, which is showing results on several fronts.
Thanks to the help of its new Chinese owner, Enstrom Helicopter unveiled plans in April to develop a new helicopter and for a major plant expansion and upgrade of its Menominee, Mich. headquarters.
Enstrom Helicopter announced late last week that it has been acquired by Chongqing Helicopter Investment Co. (CQHIC) for an undisclosed price. Chongqing is the fourth-largest metropolitan area in China. Menominee, Mich.-based Enstrom manufactures single-engine helicopters, including the 480B turbine and F28 piston series.
Enstrom Helicopter (Booth No. 4810) had its best year on record last year. With 16 helicopters delivered during the year–14 of which were Enstrom 480B turbine models priced at more than $1 million each–the Menominee, Mich.-based helicopter manufacturer earned its highest annual revenue in its 52-year history.
Starting next week, Conklin & de Decker (Booth No. 4734) will provide Aircraft Cost Evaluator reports for a single aircraft via its Web site. The reports cost $75 for jets and $50 for turboprops, pistons and helicopters, with a 20-percent discount if a customer purchases more than one report. Customers will have 60 days from the date of purchase to review the reports, which provide up-to-date aircraft cost and performance data.
When HAI Convention News reported on Enstrom Helicopter at last year’s Heli-Expo, the Menominee, Mich. company, founded in 1959, was on the heels of losing a $75 million U.S. Department of Homeland Security competition. Since then, Enstrom has focused on developing additional accessories for its aircraft and increasing its global presence. The 121 employees of Enstrom (Booth No.