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Merger shows aviation industry on road to recovery
By John Nolan, October 25, 2010 Springfield News-Sun
PIQUA — Tailwind Technologies Inc.’s purchase of an engine accessories manufacturer to complement Hartzell Propeller Inc. could get a boost, now that the piston-powered aircraft industry is starting to recover from a three-year slump.
Tailwind Technologies on Sept. 30 completed the purchase of what was then known as Kelly Aerospace Energy Systems LLC, of Montgomery, Ala., for an undisclosed sum. Tailwind, the Piqua-based parent of Hartzell Propeller, has renamed Kelly Aerospace as Hartzell Engine […]