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Former Aircraft Assembly Plant Sold

By The Associated Press | May 16, 2014

Aero-Smith Inc. has bought a former aircraft assembly plant in Berkeley County at a foreclosure auction.

The Journal reports that Aero-Smith submitted the winning bid of $435,000 during the auction Thursday on the steps of the Berkeley County Courthouse in Martinsburg.

Under the sale’s terms, Aero-Smith will have to pay back taxes owed by the plant’s former owner, Aviation Solutions.

Aero-Smith President George Smith declined to discuss plans for the property.

Aero-Smith is the fixed base operator at the airport. The company provides fueling, hangars and other services.

Tiger Aircraft opened the plant and produced four-seat general aviation airplanes from 2001 to 2006. Tiger declared bankruptcy in 2007.

Aviation Solutions bought the plant in 2011.

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Filed Under: Aerospace + defense

 

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