History
The company grew out of the Mercury Glider Club which produced the first two Schweizer gliders in the Schweizers' barn. The company was originally called the Schweizer Metal Aircraft Company. Attorney Bob McDowell indicated to the Schweizers that they should move their manufacturing operation out of their father's barn and relocate to the Elmira, New York area. The Schweizers received the suggestion positively as they needed more space to produce gliders, but they had no money with which to make the move.
McDowell convinced Elmira Industries Inc, the local business development corporation, to provide space for the Schweizers on the second floor of the Elmira Knitting Mill Building in return for stock in the company. This resulted in the Schweizer Metal Aircraft Company becoming the Schweizer Aircraft Corporation, with a sale of shares to Elmira Industries, local businessmen and soaring pilots.
Read more about this topic: Schweizer Aircraft
Famous quotes containing the word history:
“Bias, point of view, furyare they ... so dangerous and must they be ironed out of history, the hills flattened and the contours leveled? The professors talk ... about passion and point of view in history as a Calvinist talks about sin in the bedroom.”
—Catherine Drinker Bowen (18971973)
“Dont give your opinions about Art and the Purpose of Life. They are of little interest and, anyway, you cant express them. Dont analyse yourself. Give the relevant facts and let your readers make their own judgments. Stick to your story. It is not the most important subject in history but it is one about which you are uniquely qualified to speak.”
—Evelyn Waugh (19031966)
“Considered in its entirety, psychoanalysis wont do. Its an end product, moreover, like a dinosaur or a zeppelin; no better theory can ever be erected on its ruins, which will remain for ever one of the saddest and strangest of all landmarks in the history of twentieth-century thought.”
—Peter B. Medawar (19151987)