59.9 F
Fort Worth
Wednesday, November 25, 2020
Transportation Kerrville airplane manufacturer announces comeback
Transportation Kerrville airplane manufacturer announces comeback

Kerrville airplane manufacturer announces comeback

Other News

Exxon’s oil slick

Exxon Mobil is slashing its capital spending budget for 2020 by 30% due to weak demand caused by the COVID-19 pandemic and a market...

Folk music’s Mark Twain: 7 Essential tracks from John Prine,

NEW YORK (AP) — Some people, the songs just come out of them. For nearly half a century, they tumbled out of John Prine...

Tarrant County records another COVID-19 death

Tarrant County Public Health (TCPH) on Wednesday, April 8 reported that a resident of Euless has died as the result of the COVID-19 virus....

Tradition stymied: A year unlike any since WWII for Augusta

The Masters is so intertwined with Augusta, they added an extra day to spring break.You see, the first full week of April isn't just...
Robert Francis
Robert is a Fort Worth native and longtime editor of the Fort Worth Business Press. He is a former president of the local Society of Professional Journalists and was a freelancer for a variety of newspapers, weeklies and magazines, including American Way, BrandWeek and InformatonWeek. A graduate of TCU, Robert has held a variety of writing and editing positions at publications such as the Grand Prairie Daily News and InfoWorld. He is also a musician and playwright.

A. Lee Graham Reporter   Five years after putting the brakes on single-engine airplane manufacturing, Kerrville-based Mooney Aviation Co. Inc. has announced plans to restart production in January 2014.   Thanks to funding from California-based Soaring America Corp., Mooney said it is ready to spread its wings once again. Financial details were not disclosed as Mooney plans to resume manufacturing the Acclaim Type S, as well as the Ovation series.   “It’s a new day for Mooney. And with a new investment group that is committed to the future, we’re expecting to make a strong move in the industry,” said Chief Financial Officer Barry Hodkin in a news release.   “It’s been a long time coming and we couldn’t be more excited about our return to manufacturing one of the finest and most trusted airplane fleets in the industry,” Hodkin said.    The company plans to hire and train a new workforce while reestablishing its supply chain. It plans to recruit up to 100 people within the first year of operation. Positions include technicians, engineers, line workers, accounting and sales people. Within two years, the company said it anticipates employing “significantly more people depending on the demand for its products.   Mooney ceased production when recessionary woes struck in 2008 as single-engine aircraft sales dropped by more than 30 percent compared to the previous year. The company now expresses confidence in the industry. More information is available at www.mooney.com.   lgraham@bizpress.net


close






Oh hi there 👋
It’s nice to meet you.

Sign up to receive awesome content in your inbox.

We don’t spam! Read our privacy policy for more info.

Latest News

GM to recall 7M vehicles globally to replace Takata air bags

DETROIT (AP) — General Motors will recall about 7 million big pickup trucks and SUVs worldwide to replace potentially dangerous Takata air bag inflators. The...

New law seeks additional fees on electric vehicles. Here’s how many EVs are in Fort Worth and how much it can cost

A Texan lawmaker is attempting to levy additional fees on electric vehicles (EV) that could cost North Texas EV drivers collectively more than $2.5...

GM: New batteries cut electric car costs, increase range

DETROIT (AP) — General Motors says a pending breakthrough in battery chemistry will cut the price of its electric vehicles so they equal those...

More than eight years in, Texas high-speed rail company still lacks permits to build Dallas-to-Houston route

By Juan Pablo Garnham, The Texas Tribune Nov. 17, 2020 "More than eight years in, Texas high-speed rail company still lacks permits to build Dallas-to-Houston...

Tarrant County offered free rides to the polls and voters hopped on board

In a year of record voter turnout, there were more than 5,800 trips to the polls under a program funded by Tarrant County.The Tarrant...