Chinese company buys Enstrom Helicopters
Chongqing Helicopter Investment Company (CQHIC) of China has acquired the Enstrom Helicopter Corporation.
Chongqing is the fourth largest metropolitan area in China. CQHIC is focused on helping Enstrom expand its market in China and to the rest of the world.
“This is a major step in moving Enstrom to a new level,” said Enstrom president Jerry Mullins. “It will provide Enstrom with the needed resources to enhance marketing efforts in China and around the world. This strong ownership will allow further growth of our business in Menominee, Michigan to meet the demands of the increasing markets around the world, especially Asia.”