Hawker Beechcraft to go it alone, LR plant future uncertain | Arkansas Blog

Thursday, October 18, 2012

Hawker Beechcraft to go it alone, LR plant future uncertain

Posted By on Thu, Oct 18, 2012 at 12:39 PM

Talk Business reports on Hawker Beechcraft's announcement that it hopes to come out of bankrtupcy as a standalone company rather than join with a Chinese investor.

Its Little Rock jet production facility?

The company’s Little Rock facility is known for its production work on high-performance business jets and its maintenance division. It is unclear what the impact of restructuring could be on Little Rock, but it could be dour.

“As part of the plan, the company, in consultation with its key creditor constituents, is evaluating its strategic alternatives for the Hawker product lines, which could include a sale of some or all of those product lines, or a closure of the entire jet business if no satisfactory bids are received,” the company said in a news release today.

Tags: ,


Favorite

Comments (2)

Showing 1-2 of 2

Add a comment

 
Subscribe to this thread:
Showing 1-2 of 2

Add a comment

More by Max Brantley

  • One dead, two wounded in early morning shooting

    KARK's Susanne Brunner reports that one person has been killed and two wounded in a shooting shortly after 1 a.m. this morning near Roosevelt Road and Cross Street.
    • Apr 17, 2019
  • Reality bites at Little Rock City Hall; spending must be cut

    A followup to Rebekah Hall's earlier report on Little Rock Mayor Frank Scott Jr.'s announcement that cuts will be necessary in the city budget in part to pay for "priorities," such as his desire to expand the police force, but also to deal with the reality often mentioned here of stagnant to decling city sales tax revenue. Some quick ideas on that:
    • Apr 17, 2019
  • Speaking of hard times in newspapers: Democrat-Gazette's move to digital

    Word continues to filter in of the Arkansas Democrat-Gazette's pullback from statewide circulation of a print daily edition of the newspaper — the latest from the Hot Springs area, just 50 or so miles down the road from Little Rock. Subscribers there were told home delivery of a print paper would end in May.
    • Apr 16, 2019
  • More »

Readers also liked…

Most Recent Comments

  • Re: Open line

    • On Passover and Easter Eve, I contemplate my twice-yearly metamorphosis into a cliche -- that…

    • on April 20, 2019
  • Re: Open line

    • Meanwhile, more lies. More religious bullshit to hurt people, foster ignorance, tribalism, authoritarianism and war…

    • on April 20, 2019
  • Re: Open line

    • "If they lie about God, they'll lie about anything." "You're so right, Daphne. Starting with…

    • on April 20, 2019
 

© 2019 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation