Tiger Aircraft Seeking Cash
Tiger Aircraft has plenty of orders, but until new financing comes through, there is not much activity at the factory. "We've cut back, but we're still there," company spokesman Mat Goodman told AVweb on Tuesday. "Things are about the same. We're still working on a financing deal." Goodman said he hopes to have more news soon. The plant, in Martinsburg, W.V., opened in 2002, ready to build copies of the sporty touring aircraft first made by Grumman in the 1970s. Last December, eight of the 28 employees were laid off. Company President Gene Criss said then that he was working on some new products and hoped to eventually have a workforce of 50 or more. There are no plans to close the company, Criss said.