MENOMINEE, MI— Enstrom Helicopter Corporation of Menominee is declaring bankruptcy after 64 years in business.
In a news release, officials say Enstrom’s owners directed the company to declare Chapter 7 bankruptcy due to “several financial difficulties.” The facility is set to close Friday. Enstrom delivered its last two helicopters last month and stopped taking orders for new parts earlier this month.
Enstrom President Matt Francour says multiple groups have expressed interest in buying Enstrom’s assets out of bankruptcy and restarting the company.
