Chinese company buys Enstrom Helicopters

                            Enstrom 480B
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.”

Terry Spruce

Terry is Senior News Editor and writes for both Corporate Jet Investor and Helicopter Investor. He is also responsible for our helicopter guides. Terry has been an aviation enthusiast since the early 1970s. He is a lapsed Private Pilot and ex-Piper Cherokee owner. He has flown a number of light aircraft and is comfortable sitting in the co-pilot's seat or the back of any aircraft. Before moving to journalism he was a banker for 20 years. You can contact him at: terry@corporatejetinvestor.com or follow him on twitter @Terry_Spruce

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