Beechcraft sold

Beech owns the buildings on the property they own. They do
lease space on the Salina airport and other locations.



"TxSrv" wrote in message
. ..
| Jim Macklin wrote:
| Actually Beech has many new, state of the art plants and
| composite robots for production work. They build a lot
of
| parts for the big iron makers. Their old plants are
well
| used. But if you look at just the BEC airport/plant
complex
| you'll see that there are more new buildings than old.
|
|
| Except Raytheon's Annual Report says that a very % of
their
| manufacturing square footage is leased, so few buildings
to sell,
| except liquidate the stuff inside, which will bring a
fraction of
| cost. I was thus responding to someone's grandiose
assumption
| that the investors paid $3.3 billion cash for their entire
| Aircraft Division just to be able to soon liquidate the
hard
| assets plus the type certificates/goodwill of always
uncertain
| future value.
|
| F--