Cirrus Aircraft announced Monday that it has invested about $1 million in a new piece of robotic equipment at its Duluth production facility that will be used to help produce its new personal jet, the Vision SF50.
Pilot Jeff Ippoliti suspects April 10, 2004, would have been his final day on the planet if it weren’t for CAPS, the Cirrus Airframe Parachute System that returned him to the ground unscathed after a frightful flight.
DULUTH, Minn. (AP) — Cirrus Aircraft says it has the funding to bring production of its light jets to Duluth and Grand Forks, N.D. The personal aircraft has been under development for several years, but has been slowed by a lack of revenue.
A company controlled by the Chinese government now owns Duluth-based Cirrus Aircraft. Cirrus said Tuesday that China Aviation Industry General Aircraft Co. Ltd. has completed its acquisition of all operations.
The chief executive of Cirrus Industries Inc. defended the sale of the Duluth-based plane manufacturer to a company controlled by the Chinese government, saying the sale was needed to save thousands of Minnesota residents' jobs.
Aircraft-maker Cirrus Design is behind on rent payments to the city of Grand Forks and hoping to restructure the lease on its plant in the city's Industrial Park.
December 08, 2009
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