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Precision Airmotive LLC



 
 
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  #11  
Old November 4th 07, 02:24 AM posted to rec.aviation.homebuilt
clare at snyder.on.ca
external usenet poster
 
Posts: 121
Default Precision Airmotive LLC

On Sat, 3 Nov 2007 08:51:02 +0100, "Rob Turk"
wrote:

"Jerry Springer" wrote in message
news:u6UWi.434$lx.263@trndny05...
Peter Nielson
Product Support Mgr.
Precision Airmotive LLC
14800 40th Ave NE
Marysville, WA 98271

360-651-8282

Subject: Letter to Industry

Here is the text of a letter we are sending out to the industry today.

Precision Airmotive LLC has discontinued sales of all float
carburetors and component parts as of November 1, 2007. This
unfortunate situation is a result of our inability to obtain products
liability insurance for the product line.


This is really sad news and scary to say the least. If it becomes a trend
then there will be ever less companies able to produce aircraft parts. Loss
of product, loss of jobs. Maybe they should consider outsourcing their
production to a less litigious country? That would help reducing the
insurance premium.

Rob


Not if they continue to be the importer/distributor. They still need
the insurance.



--
Posted via a free Usenet account from http://www.teranews.com

  #12  
Old November 4th 07, 02:25 AM posted to rec.aviation.homebuilt
clare at snyder.on.ca
external usenet poster
 
Posts: 121
Default Precision Airmotive LLC

On Sat, 03 Nov 2007 19:45:44 GMT, Jerry Wass
wrote:

Does this mean our engines will soon be on a low-carb diet??


With tha carbs hung below the block as they have been for over 50
years I thought they already were?????


Jerry Springer wrote:
Peter Nielson
Product Support Mgr.
Precision Airmotive LLC
14800 40th Ave NE
Marysville, WA 98271

360-651-8282

Subject: Letter to Industry

Here is the text of a letter we are sending out to the industry today.

Precision Airmotive LLC has discontinued sales of all float
carburetors and component parts as of November 1, 2007. This
unfortunate situation is a result of our inability to obtain products
liability insurance for the product line. Precision Airmotive LLC and
its 43 employees currently manufacture and support the float
carburetors used in nearly all carbureted general aviation aircraft
flying today. Precision has been the manufacturer of these
carburetors since 1990. These FAA-approved carburetors were designed
as early as the 1930's and continue to fly over a million flight hours
a year. After decades of service, the reliability of these
carburetors speaks for itself.

Nonetheless, Precision has seen its liability insurance premiums rise
dramatically, to the point that the premium now exceeds the total
sales dollars for this entire product line. In the past, we have
absorbed that cost, with the hope that the aviation industry as a
whole would be able to help address this issue faced by Precision
Airmotive, as well as many other small aviation companies. Our
efforts have been unsuccessful.

This year, despite the decades of reliable service and despite the
design approval by the FAA, Precision Airmotive has been unable to
obtain products liability insurance for the carburetor product line.
While we firmly believe that the product is safe, as does the FAA, and
well supported by dedicated people both at Precision and at our
independent product support centers, unfortunately the litigation
costs for defending the carburetor in court are unsustainable for a
small business such as Precision.

Therefore, as of November 1, 2007, Precision Airmotive LLC has been
left with no choice but to cease production and support of its float
carburetor product line.

We are working with the engine manufacturers and others in the
industry in an attempt to minimize the impact on general aviation and
to provide future support for this product line. There is a
substantial quantity of parts and carburetors stocked at our
distributors which should be sufficient to support the industry for a
short time.



--
Posted via a free Usenet account from http://www.teranews.com

  #13  
Old November 4th 07, 02:28 AM posted to rec.aviation.homebuilt
clare at snyder.on.ca
external usenet poster
 
Posts: 121
Default Precision Airmotive LLC

On Sat, 3 Nov 2007 18:32:46 -0400, "Morgans"
wrote:


"Capt. Geoffrey Thorpe" The Sea Hawk at wow way d0t com wrote

I suspect that the "protection" for the aircraft manufacturers is the
reason that the insurance for suppliers has gone up - they are next in
line in the food chain.


Prolly right, with that.

Net, they need to extend the protection to everything on the airplane.

Even better, take this opportunity to make some rulings to stop the madness
of meaningless law suits, all across the legal system.



Like THAT will ever happen in the "land of many laws - poorly written
and irratically enforced"

--
Posted via a free Usenet account from http://www.teranews.com

  #14  
Old November 4th 07, 03:21 AM posted to rec.aviation.homebuilt
Kyle Boatright
external usenet poster
 
Posts: 578
Default Precision Airmotive LLC


clare at snyder.on.ca wrote in message
...
On Sat, 3 Nov 2007 08:51:02 +0100, "Rob Turk"
wrote:

"Jerry Springer" wrote in message
news:u6UWi.434$lx.263@trndny05...
Peter Nielson
Product Support Mgr.
Precision Airmotive LLC
14800 40th Ave NE
Marysville, WA 98271

360-651-8282

Subject: Letter to Industry

Here is the text of a letter we are sending out to the industry today.

Precision Airmotive LLC has discontinued sales of all float
carburetors and component parts as of November 1, 2007. This
unfortunate situation is a result of our inability to obtain products
liability insurance for the product line.


This is really sad news and scary to say the least. If it becomes a trend
then there will be ever less companies able to produce aircraft parts.
Loss
of product, loss of jobs. Maybe they should consider outsourcing their
production to a less litigious country? That would help reducing the
insurance premium.

Rob


Not if they continue to be the importer/distributor. They still need
the insurance.


There are ways around product liability. Let's say I personally buy the
assets of Precision Airmotive. Then, I create a corporation to manufacture
the parts. I (personally) retain ownership of the tooling and lease it to
the corporation which makes the parts and carbs. Also, I manage the
corporation and pay myself nicely. Funny enough, the corporation never
really builds a big asset base. Nor does it carry product liability
insurance. Therefore, it probably isn't worth suing.

Even if (when?) someone sues the corporation, it simply goes out of business
and I lease the tooling to another corporation which uses essentially the
same business model.

This is similar to how BD Maule managed Maule for years.

KB


  #15  
Old November 4th 07, 03:47 AM posted to rec.aviation.homebuilt
Morgans[_2_]
external usenet poster
 
Posts: 3,924
Default Precision Airmotive LLC


clare at snyder.on.ca wrote


Like THAT will ever happen in the "land of many laws - poorly written
and irratically enforced"


Hey, if yer gunna dream, dream BIG ! ! !

I shoulda added something to that, like a last comment of:

"Yeah, Right!"
--
Jim in NC


  #16  
Old November 4th 07, 06:24 AM posted to rec.aviation.homebuilt
Dan[_2_]
external usenet poster
 
Posts: 465
Default Precision Airmotive LLC

Jerry Wass wrote:
Does this mean our engines will soon be on a low-carb diet??


Fuel injected engines have zero carbs.

Dan, U.S. Air Force, retired
  #17  
Old November 4th 07, 11:39 AM posted to rec.aviation.homebuilt
Scott[_1_]
external usenet poster
 
Posts: 367
Default Precision Airmotive LLC

I think the key is for the corporation (Precision in this case) to have
no assets (hence, nothing to go after with a lawsuit), so this sounds
viable. However, what if it's determined that the tooling you own were
the cause of part failures. Would you personally be liable in any way?
Maybe you put your tooling in an LLC or corporation, again, so that it
has no assets worth sueing over (except the tooling itself...and if
someone DOES sue and gets the tooling, we're back to square one...no one
will be able to produce the parts)?

Scott

Kyle Boatright wrote:
clare at snyder.on.ca wrote in message
...

On Sat, 3 Nov 2007 08:51:02 +0100, "Rob Turk"
wrote:


"Jerry Springer" wrote in message
news:u6UWi.434$lx.263@trndny05...

Peter Nielson
Product Support Mgr.
Precision Airmotive LLC
14800 40th Ave NE
Marysville, WA 98271

360-651-8282

Subject: Letter to Industry

Here is the text of a letter we are sending out to the industry today.

Precision Airmotive LLC has discontinued sales of all float
carburetors and component parts as of November 1, 2007. This
unfortunate situation is a result of our inability to obtain products
liability insurance for the product line.

This is really sad news and scary to say the least. If it becomes a trend
then there will be ever less companies able to produce aircraft parts.
Loss
of product, loss of jobs. Maybe they should consider outsourcing their
production to a less litigious country? That would help reducing the
insurance premium.

Rob


Not if they continue to be the importer/distributor. They still need
the insurance.


There are ways around product liability. Let's say I personally buy the
assets of Precision Airmotive. Then, I create a corporation to manufacture
the parts. I (personally) retain ownership of the tooling and lease it to
the corporation which makes the parts and carbs. Also, I manage the
corporation and pay myself nicely. Funny enough, the corporation never
really builds a big asset base. Nor does it carry product liability
insurance. Therefore, it probably isn't worth suing.

Even if (when?) someone sues the corporation, it simply goes out of business
and I lease the tooling to another corporation which uses essentially the
same business model.

This is similar to how BD Maule managed Maule for years.

KB



--
Scott
http://corbenflyer.tripod.com/
Gotta Fly or Gonna Die
Building RV-4 (Super Slow Build Version)
  #18  
Old November 4th 07, 11:40 AM posted to rec.aviation.homebuilt
Scott[_1_]
external usenet poster
 
Posts: 367
Default Precision Airmotive LLC

Ya, but doesn't somebody make the injectors? With my luck, that would
be the next "target company"....

Scott


Dan wrote:

Jerry Wass wrote:

Does this mean our engines will soon be on a low-carb diet??



Fuel injected engines have zero carbs.

Dan, U.S. Air Force, retired


--
Scott
http://corbenflyer.tripod.com/
Gotta Fly or Gonna Die
Building RV-4 (Super Slow Build Version)
  #19  
Old November 4th 07, 01:10 PM posted to rec.aviation.homebuilt
Stealth Pilot[_2_]
external usenet poster
 
Posts: 846
Default Precision Airmotive LLC

On Sat, 03 Nov 2007 19:36:25 -0500, Andy Asberry
wrote:

On Sat, 3 Nov 2007 08:51:02 +0100, "Rob Turk"
wrote:

"Jerry Springer" wrote in message
news:u6UWi.434$lx.263@trndny05...
Peter Nielson
Product Support Mgr.
Precision Airmotive LLC
14800 40th Ave NE
Marysville, WA 98271

360-651-8282

Subject: Letter to Industry

Here is the text of a letter we are sending out to the industry today.

Precision Airmotive LLC has discontinued sales of all float
carburetors and component parts as of November 1, 2007. This
unfortunate situation is a result of our inability to obtain products
liability insurance for the product line.


This is really sad news and scary to say the least. If it becomes a trend
then there will be ever less companies able to produce aircraft parts. Loss
of product, loss of jobs. Maybe they should consider outsourcing their
production to a less litigious country? That would help reducing the
insurance premium.

Rob

Under US law, if a manufacturer has no place of business in the US,
the importer is considered the manufacturer.

Google for Foreign Tire Sales in New Jersey.

--Andy Asberry--
------Texas-----


so what you are hinting is that the country of manufacture needs a
legal system with no respect for US law and needs to be close enough
for mail order. the customer doing the mail order becomes the importer
no?

that makes Cuba the perfect location :-)
  #20  
Old November 4th 07, 01:25 PM posted to rec.aviation.homebuilt
Alex G.[_3_]
external usenet poster
 
Posts: 4
Default Precision Airmotive LLC


"Stealth Pilot" wrote in message

so what you are hinting is that the country of manufacture needs a
legal system with no respect for US law and needs to be close enough
for mail order. the customer doing the mail order becomes the importer
no?

that makes Cuba the perfect location :-)


Nothing wrong with Cuba, but why are you so anxious to export manufacturing?
Lawyers have screwed up the US legal system to the point where the guilty
party is always the one with the largest pockets. It's not about any real
liability any longer, it's about getting money. I'd love to see judges start
inflicting huge fines on the practitioners of these far reaching money
grabs, take away their licenses, lock the *******s up. Get back to a little
common sense.


 




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