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Evergreen Helicopters was sold to Erickson Air-Crane in March 2013 for $250 million. The sale provided Evergreen International Aviation with the liquidity needed to continue operations. Smith said: "The sale of EHI provides us with needed capital to repay existing debt and gives us the liquidity to support our airline and remaining businesses."
Evergreen USA RRG, Inc., is a liability insurance company, that offered liability insurance to privately owned campgrounds, RV parks, resorts, and paddlesport operations throughout the United States. Privately owned campgrounds are often members of organizations such as ARVC (Association for RV Parks and Campgrounds), Kampgrounds of America ...
The airline was established by Delford M. Smith (founder and owner) and began operations in 1960 as Evergreen Helicopters.It acquired the operating certificate of Johnson Flying Service and merged it with Intermountain Airlines (a known CIA front) from Pacific Corporation (also a CIA front) in 1975 to form Evergreen International Airlines, a United States supplemental air carrier (i.e. charter ...
Of course, filing for bankruptcy doesn’t necessarily mean a business is going bust. Companies tend to use the Chapter 11 process to wind down some operations, tackle mounting debt and save on ...
A hail sale is a closeout at a car dealership after hail damage. A store that is closing will often advertise to customers their last chance to buy. However, closures are often from companies that cannot sell their inventory, inventors whose ideas were not marketable, and businesses needing fast-incoming cashflow to pay debts such as payroll or ...
The Evergreen Group, with over 18,000 employees and more than 240 offices/agents worldwide, now comprises over 50 major corporations worldwide, three of which are listed on the Taipei Stock Exchange. In 2006, the Kuomintang sold its former headquarters to Evergreen Group for $2.3 billion New Taiwan dollars (96 million United States dollars). [9]
Presently, Heartland produces 20,000 units a year and is the 3rd largest 5th wheel manufacturer and 5th largest travel trailer manufacturer in the United States. [3] Catterton Partners, a Connecticut-based private equity firm that focuses on consumer business, made an equity investment in Heartland in February 2007. [4]
Forest River, Inc. was founded in 1996 by Peter Liegl [2] after purchasing certain assets of Cobra Industries, [3] where CEO Peter Liegl worked from 1985 to 1993. The company started by manufacturing tent campers, travel trailers, fifth wheels, and park models under the model lines Salem, Sierra, Sandpiper, Wildwood, Rockwood, Flagstaff, Summit, and Quailridge.
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