PR91066

PORTLAND, Ore., Aug. 7, 2021 /PRNewswire=KYODO JBN/ --

Erickson Inc. announces it has retained Houlihan Lokey, Inc. to explore

strategic alternatives to accelerate the company's growth and maintain its

industry leadership position.

"We are seeking a strategic partner who shares our vision, our commitment to

customers and employees and can add strategic and operational value in the

aviation and aerospace industry," stated Doug Kitani, CEO and Director.

Founded in 1971, Erickson's Manufacturing and MRO services include

manufacturing the S-64 Air Crane(R) helicopter as the original equipment

manufacturer (OEM) as well as manufacturing key aerospace parts for aerospace

OEMs. The commercial aerial services include the operation of 20 Erickson owned

and operated S-64 Air Crane(R) helicopters to perform firefighting, powerline

construction, timber harvesting, HVAC, and specialized heavy-lift for oil and

gas.

"Our aim is to upgrade Erickson's great assets, including technology advances

in the S-64 Super Air Crane, and expand our capabilities in MRO. A new

strategic partner will complement our strengths, propel Erickson to the next

level, and position the company, with its legacy and expertise, as the

first-choice leader in the most demanding, air operations and OEM-level, MRO

support," added Kitani. "As a proven and resilient company, our people and

partnerships enable and empower us to serve our mission to the highest

standard."

We Are Erickson. Tested and Trusted(R).

ABOUT ERICKSON

Erickson is a leading global provider of aviation services specializing in

defense and national security, manufacturing, Maintenance Repair and Overhaul

(MRO), and Civil services. Erickson Manufacturing and MRO services include

manufacturing the S-64 Air Crane(R) helicopter as the original equipment

manufacturer (OEM) as well as manufacturing key aerospace parts for aerospace

OEMs. Erickson is also the Type Certificate holder for the Bell 214ST & B/B1

Helicopters. Commercial aerial services include the operation of 20 Erickson

owned and operated S-64 Air Crane(R) helicopters to perform firefighting,

powerline construction, timber harvesting, HVAC, and specialized heavy-lift for

oil and gas. Founded in 1971, Erickson is headquartered in Portland, Oregon,

USA, and maintains operations in North America, South America, Europe, the

Middle East, Africa, Asia Pacific, and Australia.

FOR MORE INFORMATION ON OUR PRODUCTS AND SERVICES VISIT ERICKSONINC.COM

Contact: HL@ericksoninc.com

Source - Erickson Incorporated