Teledyne Continental Motors, which makes a significant percentage of the aircraft piston engines used in light aircraft, has been sold to a Chinese entity.
Unlike the rosy outlook in the article reporting it as "good news," Chinese practice has been to buy a company and move its manufacturing arm to China.
Continental has earned a pretty horrid reputation over the last couple of decades. I once knew the maintenance supervisor at a very large FBO, he was one of those consulted by Cessna when Cessna was preparing to re-enter the light aircraft market. His advice to them was to use Lycoming engines.
Still, this is horrible news. More and more of our manufacturing base keeps migrating overseas and the government, whether Republican or Democratic, does nothing.
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This means the spares will both be expensive and shoddy. Scary for all us old cessna drivers.
Eck!
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