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Join Us At 0900ET, Friday, 4/10, for the LIVE Morning Brief.
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Fri, Jan 16, 2004

Robinson Heli Takes Over The World... Breaks Helicopter Sales Record in 2003

Builds and Sells 422 Helos in 2003!

Robinson Helicopter Company produced 422 new helicopters in 2003, a record for the company. The total included 219 R44 Raven IIs, 75 R44 Raven Is, and 128 R22s. An additional 46 R22s were overhauled on the Robinson production line.

Sales in 2004 should be even better; R44 and R22 production is already sold out more than five months in advance. Robinson attributes the boom in sales to the excellent market reception for the higher performance Raven II, and to improvements in the U.S. economy, which has helped the domestic market while the weak American dollar has greatly stimulated the foreign export market.

Robinson employment increased by over 300 employees in 2003 to a total of 950. A new additional building is under construction, which will nearly double the manufacturing floor space and allow employment to exceed 1,000 employees by late 2004. Robinson Helicopter Company is the world’s leading manufacturer of civil helicopters.

FMI: www.robinsonheli.com

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