March 3, 2009

Helicopter business to lay off 50

Edwards & Associates – a manufacturer affiliated with Bell Helicopter – has laid off 50 employees — 45 at a Piney Flats[,TN] subsidiary and five at its Bristol[,TN] headquarters — citing a declining demand for its “helicopter completion services.”

Edwards & Associates made the announcement this afternoon, and president Greg Williams said it was the first-ever layoff for the company’s Piney Flats subsidiary Aeronautical Accessories, which marks 30 years in business this year.

Source: Johnson City Press

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