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Bell’s Edwards Wants Bigger U.S. Footprint

By James T. McKenna | March 13, 2007

Look for Edwards & Associates to expand its operations in the United States. The Bell Helicopter subsidiary, based in Piney Flats, Tenn. plans “to take the footprint we have in Tennessee and put it elsewhere in the United States so we’ll be closer to the customer,” said its president, Phil Dietrich. The company has been looking for acquisition candidates to do that for more than a year. A complicating factor? The hot market for new aircraft completions and used aircraft refurbishments has prompted takeover targets to reconsider selling in the last year. Edwards is now looking to complete one acquisition by mid-year and another a few months after that, but that depends on many variables. “We see a growing need,” Dietrich said. “We have customers flying to us from all over the United States, even for maintenance. We have customers that come in from as far away as South Florida and sometimes over in the Midwest, New York, Chicago. So there’s a need to broaden our footprint.” FFor related news

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