Fri, Oct 29, 2004
All In The Family
Groen Brothers Aviation says it
plans to merge its two subsidiaries, American Autogyro(AAI) and
Groen Brothers Aviation USA (GBA-USA) before the end of the
year.
Effective November 1, 2004, GBA-USA, developers of the world's
first turbine engine powered autogyro, the Hawk 4 Gyroplane, will
take on the manufacturing, sales and marketing functions of AAI's
SparrowHawk Gyroplane. Groen Brothers Aviation USA, Inc. will be
doing business as American Autogyro, for all of its SparrowHawk
operations.
Jim Mayfield, formerly the President of AAI, has joined the
Board of Directors and has been promoted to Executive Vice
President, of Groen Brothers Aviation USA, Inc. As the Company's
Chief Technical Officer (CTO), Jim Mayfield also heads the Hawk
Werks division of GBA-USA based in Buckeye(AZ). Hawk Werks is
responsible for the experimental R&D efforts of the Company and
the development of the Company's future technologies.
Jim Mayfield led the team that developed the award winning
SparrowHawk Gyroplane, bringing to the world the first fully
enclosed two place, center-line-thrust, statically and dynamically
stable gyroplane in kit form; a major safety improvement in kit
gyroplanes.
"Because of the excellent performance of Jim Mayfield and his
team having successfully completed the development of the
SparrowHawk, including the manufacture and delivery of the first 20
aircraft, GBA-USA can now take over production. This allows our
Hawk Werks team in Buckeye Arizona to concentrate on developing our
future products and technologies" said David Groen, President and
CEO of Groen Brothers Aviation. "Our Salt Lake City facility was
originally designed as a manufacturing plant and can therefore
efficiently and economically produce this aircraft."
This merger allows GBA to optimize its operations, bringing the
full weight of talent and capabilities of both organizations to the
success of the SparrowHawk.
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