Air Methods Corporation Announces Acquisition Of United Rotorcraft Solutions
DENVER, March 7, 2011 (GLOBE NEWSWIRE) -- Air Methods Corporation (Nasdaq:AIRM), the largest air medical transportation company in the world, announced today the acquisition of United Rotorcraft Solutions (URS) by its Products Division. URS is a full-service helicopter and fixed-wing completions center and Maintenance Repair Operation (MRO). Founded by Dave and Traci Brigham in 2005, URS initially served the very unique demands of helicopter night vision capability. In less than six years, URS has expanded to include a full spectrum of rotorcraft and fixed-wing completions and MRO services in a wide variety of markets, including corporate, airborne law enforcement, air medical, utility, border patrol, DEA and other special missions. URS' business has also grown to cover the globe with successful modifications and completions currently operating in the United Status, throughout Latin America, Canada, Africa, Asia, Russia, and Australia.
URS' facilities, consisting of two hangars for a total of 54,000 square feet of space, are located in Decatur, Texas. URS currently employs a staff of 43.
"We are delighted to team with URS, a world-class and nimble supplier to the rotorcraft industry. URS has assembled a team of dedicated and talented professionals who deliver exceptionally high quality completions and MRO services with a keen focus on exceeding the customer's expectations," reports Tom Curtis, Vice President Products Division.
"We are very proud to have our team's hard work so well recognized by Air Methods Products Division, an established industry leader in air medical completions. We are truly blessed to have the opportunity not only to continue, but to accelerate our growth plans. We are very pleased to become a part of the Products Division team and look forward to a long and prosperous relationship," said Dave Brigham, President of URS. URS will continue to operate as a stand-alone facility serving its established customers, while developing new ones. URS' new relationship with the Products Division will provide URS with additional financial resources and engineering support to facilitate solid growth trajectory, while continuing to provide the highest level of personal customer service for which URS is so well known.Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
TheStreet Quant Ratings
TRY IT FREENew! $49.95/yr
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
Product Features:
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Dividend Stock Advisor
TRY IT FREEJim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Product Features:
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV
