Schweizer Aircraft - History

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:

    “All history becomes subjective; in other words there is properly no history, only biography.”
    —Ralph Waldo Emerson (1803–1882)

    “There is one great fact, characteristic of this our nineteenth century, a fact which no party dares deny. On the one hand, there have started into life industrial and scientific forces which no epoch of former human history had ever suspected. On the other hand, there exist symptoms of decay, far surpassing the horrors recorded of the latter times of the Roman empire. In our days everything seems pregnant with its contrary.”
    —Karl Marx (1818–1883)

    “I believe that in the history of art and of thought there has always been at every living moment of culture a “will to renewal.” This is not the prerogative of the last decade only. All history is nothing but a succession of “crises”Mof rupture, repudiation and resistance.... When there is no “crisis,” there is stagnation, petrification and death. All thought, all art is aggressive.”
    —Eugène Ionesco (b. 1912)