Enstrom Helicopter Corp., founded in 1959, closed its factory in Menominee, Michigan, on Jan. 21 after announcing it was filing for Chapter 7 bankruptcy. Citing “several financial difficulties” Dennis Martin, Enstrom’s director of sales and marketing, confirmed in a letter to employees and supporters that “all existing contracts and agreements [with the company] will become null and void” and that all the company’s employees, around 30, including senior management, were losing their jobs.
This is a companion discussion topic for the original entry at https://www.avweb.com/aviation-news/enstrom-shutters-factory-filing-for-chapter-7-bankruptcy