Country for PR: United States
Contributor: PR Newswire New York
Saturday, August 07 2021 - 00:00
AsiaNet
Erickson Inc. Initiates Evaluation Of Strategic Alternatives To Accelerate Growth In Air Operations And MRO
PORTLAND, Ore., Aug. 7, 2021 /PRNewswire-AsiaNet/ --

Erickson Inc. announces it has retained Houlihan Lokey, Inc. to explore 
strategic alternatives to accelerate the company's growth and maintain its 
industry leadership position. 

"We are seeking a strategic partner who shares our vision, our commitment to 
customers and employees and can add strategic and operational value in the 
aviation and aerospace industry," stated Doug Kitani, CEO and Director.

Founded in 1971, Erickson's Manufacturing and MRO services include 
manufacturing the S-64 Air Crane(R) helicopter as the original equipment 
manufacturer (OEM) as well as manufacturing key aerospace parts for aerospace 
OEMs. The commercial aerial services include the operation of 20 Erickson owned 
and operated S-64 Air Crane(R) helicopters to perform firefighting, powerline 
construction, timber harvesting, HVAC, and specialized heavy-lift for oil and 
gas. 

"Our aim is to upgrade Erickson's great assets, including technology advances 
in the S-64 Super Air Crane, and expand our capabilities in MRO. A new 
strategic partner will complement our strengths, propel Erickson to the next 
level, and position the company, with its legacy and expertise, as the 
first-choice leader in the most demanding, air operations and OEM-level, MRO 
support," added Kitani. "As a proven and resilient company, our people and 
partnerships enable and empower us to serve our mission to the highest 
standard."

We Are Erickson. Tested and Trusted(R). 

ABOUT ERICKSON

Erickson is a leading global provider of aviation services specializing in 
defense and national security, manufacturing, Maintenance Repair and Overhaul 
(MRO), and Civil services. Erickson Manufacturing and MRO services include 
manufacturing the S-64 Air Crane(R) helicopter as the original equipment 
manufacturer (OEM) as well as manufacturing key aerospace parts for aerospace 
OEMs. Erickson is also the Type Certificate holder for the Bell 214ST & B/B1 
Helicopters. Commercial aerial services include the operation of 20 Erickson 
owned and operated S-64 Air Crane(R) helicopters to perform firefighting, 
powerline construction, timber harvesting, HVAC, and specialized heavy-lift for 
oil and gas. Founded in 1971, Erickson is headquartered in Portland, Oregon, 
USA, and maintains operations in North America, South America, Europe, the 
Middle East, Africa, Asia Pacific, and Australia.

FOR MORE INFORMATION ON OUR PRODUCTS AND SERVICES VISIT ERICKSONINC.COM

Contact: HL@ericksoninc.com

Source - Erickson Incorporated
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