Piper Aircraft

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Piper Aircraft, Inc., is a manufacturer of general aviation aircraft, located at the Vero Beach Municipal Airport in Vero Beach, Florida. Along with Beechcraft and Cessna, it is considered one of the "Big Three" in the field of general aviation construction.[2]

Between its founding in 1927 and the end of 2009 the company has produced 144,000 aircraft in 160 certified models, of which 90,000 are still flying.[3]

Contents

History

Originally founded as the Taylor Brothers Aircraft Manufacturing Company in September 1927 by Clarence Gilbert Taylor and Gordon A. Taylor in Rochester, New York. The company was renamed Taylor Brothers Aircraft Corporation in April 1928, shortly before Gordon Taylor died in a plane crash on April 24, 1928. The company was enticed to move to Bradford, Pennsylvania with the promise of larger facility and investment capital from local businessmen, including an initial investment of $400 from local oilman William T. Piper. The move was completed in September, 1929.[citation needed]

In late 1930 the company filed for bankruptcy and William T. Piper purchased the assets of the company for $761. Reorganized as the Taylor Aircraft Company, Piper effectively took control of the firm when he assumed the position of corporate secretary-treasurer, although he retained C. G. Taylor in the role of president. Piper, often called the "Henry Ford of Aviation", firmly believed that a simple-to-operate low-cost private airplane would flourish, even in the darkest depths of the Great Depression.[citation needed]

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