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News & Media Waco Classic under new ownership

Waco Classic under new ownership

November 12, 2018 By Dave Hirschman

A Florida company has purchased Waco Classic Aircraft Corp. and intends to continue producing new radial-engine airplanes in Battle Creek, Michigan.

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Amphibious Waco

Dimor Group Inc. of Fort Lauderdale bought Waco Classic, which manufactures new YMF–5D models as well as Great Lakes 2T–1A-2 biplanes. Dimor plans to keep the company’s 30 employees at the Battle Creek Airport in western Michigan and is considering an expansion of the current facility.

“This change is good for the company, good for the employees, and good for the brand,” said Peter Bowers, former owner of Waco Classic, who plans to remain as a manager of the company. “The new owner believes in the company and wants to invest in its future.”

Waco has produced about 170 new, handcrafted biplanes since the company was formed in Michigan in 1983. It currently makes about a dozen new airplanes a year.

The Dimor Group and Dimor Aerospace are registered as for-profit, foreign-owned companies based in Florida. Dimor Aero is located in Cologne, Germany.

Dave Hirschman

Dave Hirschman

AOPA Pilot Editor at Large
AOPA Pilot Editor at Large Dave Hirschman joined AOPA in 2008. He has an airline transport pilot certificate and instrument and multiengine flight instructor certificates. Dave flies vintage, historical, and Experimental airplanes and specializes in tailwheel and aerobatic instruction.
Go to Dave Hirschman's Profile
Topics: Aircraft, Aviation Industry, Financial

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