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- In July 2015 the company introduced it was shedding 15-20% of its employees, about one hundred fifty folks, as gross sales have been faltering amongst world markets, especially Asia, Latin America and Europe.
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At the same time, executive vice president Randy Groom additionally resigned from the corporate and it was announced that the Piper Altaire program was «beneath evaluation». On 17 October 2011, the corporate announced Simon Caldecott had replaced Geoff Berger as interim CEO. Piper began renovation of a seventy five,000 sq ft (7,000 m2) manufacturing unit in Vero Seashore in October 2010, with a completion objective of 2011. Additionally in July 2010, longtime Piper media spokesman Mark Miller left the corporate. On 4 January 2010, the corporate introduced Boeing subsidiary Aviall would act as Piper’s sole global components distributor. He also negotiated $32 million in incentives from the state and county that retained Piper’s manufacturing unit in Vero Seaside, Florida.
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