CIRRUS ACQUIRED BY CHINESE COMPANY

[wingnut]

> >From AvWeb today:
>
> CIRRUS ACQUIRED BY CHINESE COMPANY
>
> Cirrus Industries Inc., parent company of Cirrus Aircraft, has been sold
> to China Aviation Industry General Aircraft Co.(CAIGA) of Zuhai, China but
> it appears the company will continue to build parts in Grand Forks, ND and
> assemble airplanes in Duluth, MN. It has long been rumored that a Chinese
> company would acquire Cirrus and the final announcement was made Monday
> morning. CAIGA is a subsidiary of Aviation Industry Corporation (AVIC),
> the state-owned aviation company of China that makes everything from
> military jets to airliners. In a news release, Cirrus CEO Brent Wouters
> says the deal will be a shot in the arm for the company and for its
> employees in Grand Forks and Duluth. "CAIGA understands the strength and
> the talent of Cirrus's workforce and the prominence of the Cirrus brand in
> general aviation," Wouters said. "Through this transaction, CAIGA will
> invest in our employees in both Minnesota and North Dakota by committing
> to the continued use of our world-class production facilities."
>
> Although it was not specifically mentioned in the news release, the
> transaction could result in an immediate acceleration of Cirrus's
> long-awaited Vision jet program. The single-engine jet project has stalled
> in recent years due to a lack of funding but Wouters has maintained
> throughout that an injection of investment capital would revive the jet.
> For its part, CAIGA says its focusing on the piston market with Cirrus.
> "We are very optimistic to begin our partnership with Cirrus and add
> Cirrus's strong brand as the cornerstone in our aviation product
> portfolio," said CAIGA President Meng Xiangkai said. Cirrus was founded by
> Alan and Dale Klapmeier about 12 years ago and Dale Klapmeier is the
> current chairman. He said he was "thrilled" to make the announcement.
> "With this transaction, Cirrus will continue to develop and build the
> best, most exciting aircraft in the world," Klapmeier said. "The original
> dream remains alive and well at Cirrus. We are just embarking on our next
> chapter on a global stage."

[wingnut]

Because the Chinese are so well known for reverse engineering/pirating, what could possibly go wrong?

[cessna170bdriver]

Pardon my laziness in not researching this myself, but is this the same company than bought Teledyne Continental?

[lowNslow]

Pardon my laziness in not researching this myself, but is this the same company than bought Teledyne Continental?

Cirrus was bought by China Aviation Industry General Aircraft Co.(CAIGA). Teledyne Continental was bought by Technify Motor (USA) LTD. Both are subsidiarys of AVIC International Holding Corporation (China).

[GAHorn]

Yes,...it's known as "The Peoples Republic of China". (It's another state-owned corporation. What puzzles me is... if Boeing is correct to sue in the Int'l court against AirBus for the French Gov't support they receive...and WIN an UNFAIR COMPETITION lawsuit... ... WHAT'S THE DIFFERENCE? for any competitor of the company's being bought by Chinese corporations? )

It seems to me that every other U.S. aviation mfr'r is having to compete directly against the Chinese Government...who holds more U.S. dollars.

[marathonrunner]

Superior Air Parts has also been bought by a chinese company. Better start learning a new language.

[wingnut]

Superior Air Parts has also been bought by a chinese company. Better start learning a new language.

Superior Air Parts, Inc. Has Begun Shipping Millennium Cylinders for Lycoming and Continental Engines
Superior Air Parts, Inc.

Coppell, TX, February 28, 2011 ¡X Representatives of Superior Air Parts, Inc., announced today that the company has begun the next phase of its product reintroduction efforts by beginning the delivery of production quantities of new Millennium„· Cylinders to its global dealer network.

¡§This is very exciting for everyone who has been involved with bringing the popular family of Millennium Cylinders back into production,¡¨ explained Timothy T. Archer, CEO, Superior Air Parts. ¡§Everywhere I¡¦ve gone, the first question everyone has asked has been when would the Millenniums be available? Well, I can very happily say they¡¦re available at your Superior dealer today.¡¨Archer stated that the first new Millennium shipments included cylinders for the popular Lycoming O-235 engines and the Teledyne Continental O-200 and IO-550 engines. The company has now added cylinders for Lycoming¡¦s O-360/IO-360 and O-540/IO-540 as well as the Continental O-470/IO-470 and IO-520/TSIO-520 engines.

¡§As you would expect, the process of gearing up production by our suppliers has taken longer than we hoped, but the major hurdles are behind us,¡¨ he said. ¡§Right now our biggest challenge is being able to plan our production so that we can keep our dealers stocked. From what they¡¦re telling me, the more customers hear that the Millennium¡¦s are available, the harder they are to keep on the shelves.¡¨

¡§It¡¦s a great problem to have but right now it¡¦s a balancing act to match the economics with the production and orders to make sure we meet all the needs,¡¨ Archer added. ¡§Our suppliers are working hard with our quality control team to get cylinders in, approved and back out to our dealers as quickly as our high standards will allow.¡¨

Archer said that with the increasing availability of cylinders and piece parts, Superior can now set its sights on restarting the production of its popular experimental XP Series„·Engines and certified Vantage„· Engines. ¡§The ability to ship engines is an announcement that I¡¦m really looking forward to making,¡¨ he said.

For more information about the Millennium Cylinders or to locate the authorized Superior Air Parts dealer near you, please call: 800-277-5168.

About Superior Air Parts, Inc. Superior Air Parts, Inc., a wholly owned subsidiary of Superior Aviation Beijing, is a leading manufacturer of FAA approved aftermarket replacement parts for Lycoming and Continental aircraft engines. In addition, the company manufacturers the FAA certified Vantage Engine and the XP Series Engine family for experimental and sport aircraft builders. For more information, visit: www.superiorairparts.com

[GAHorn]

My ex is in Coppell TX too. This pretty much cinches it for me as to how I feel about this.

[cessna170bdriver]

My ex is in Coppell TX too. This pretty much cinches it for me as to how I feel about this.

Aaaall my exes live in Texaaaas...

(Oh, sorry. Maybe this should have gone in a different topic...)

[marathonrunner]

So Miles is that a real song or are you just starting the lyrics to a new one? Sounds like whiney C and W to me

[cessna170bdriver]

So Miles is that a real song or are you just starting the lyrics to a new one? Sounds like whiney C and W to me

I only wish I had written that. I could use a bit of "mailbox money".

[jrenwick]

http://www.youtube.com/watch?v=lMNw_-yUm_0

[marathonrunner]

I killed a few brain cells...I listened to that song. Never heard it before and one other as well My achy breaky heart...got my C&W dose for the decade.

[cessna170bdriver]

I killed a few brain cells...I listened to that song. Never heard it before and one other as well My achy breaky heart...got my C&W dose for the decade.

Guess you'll have to listen to Highway to Hell and Dirty Deeds to grow them back, eh?

[170C]

We good ole boys are going to have to work on Marathonrunner's feelings about C&W. Now most of this new stuff they call C&W is NOT real C&W. His mama must have dropped him on his head when he was little and he lost the C&W cells