Imprimis Moves Piper’s Business Plan Forward

VERO BEACH, FLA. – This past year, Piper Aircraft Inc. significantly strengthened its position as a global airplane manufacturer.

“During 2010, the first full year since Imprimis acquired Piper, the company made memorable and notable progress in a number of important areas,” said Piper CEO Geoffrey Berger. “We delivered considerably more aircraft, introduced and stepped up development of an all-new single-engine business jet, and readied the company for an unprecedented global push in 2011.”

While fourth quarter and full-year Piper deliveries will not be publicly announced until an industry-wide event in February 2011, production activity at the company’s Vero Beach, Fla., manufacturing campus during 2010 was up by more than 75 percent compared to 2009, despite a significant overall decline in industry deliveries by other manufacturers. The company announced the all-new PiperJet Altaire in October and added more than 140 engineers to the PiperJet Altaire’s development team with planned certification and deliveries set for 2014. Moreover, total Piper employment grew by several hundred employees to support the increased production.

Piper opened two new global sales offices: one to serve the Americas region and one in Amsterdam to support the European, Middle East and Africa region. The company’s third regional sales office in Brunei was reinforced with the addition of the company’s director of global fleet sales to enlarge the company’s presence in this expanding segment, particularly in the Asia/Pacific region.

www.piper.com

Midwest Piper Distributors
www.dmfs.com
www.chicagopiper.com

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