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The disassembly of the aircraft began in August 1992. The parts were sent by ship up the Pacific Ocean, Columbia River, and Willamette River to Dayton where it was transferred to trucks and driven to Evergreen International Aviation. It arrived in February 1993. [2] For the next eight years, the plane went through detailed restoration.
The company underwent further mergers (with Evergreen Superalloy Corporation in 1990, Ever Pioneer Steel Corporation in 1998, Green Steel Structure Corporation in 2009), acquired equities of its subsidiaries (of Super Max Engineering Corporation in 1997, of Hsin Yung Enterprise Corporation in 1998, of Mingyu Investment Corporation and Green ...
The airline was established by Delford M. Smith (founder and owner) and began operations in 1960 as Evergreen Helicopters.It acquired the operating certificate of Johnson Flying Service and merged it with Intermountain Airlines (a known CIA front) from Pacific Corporation (also a CIA front) in 1975 to form Evergreen International Airlines, a United States supplemental air carrier (i.e. charter ...
Evergreen Helicopters was sold to Erickson Air-Crane in March 2013 for $250 million. The sale provided Evergreen International Aviation with the liquidity needed to continue operations. Smith said: "The sale of EHI provides us with needed capital to repay existing debt and gives us the liquidity to support our airline and remaining businesses."
At its peak, Evergreen was doing business in more than 100 countries with a fleet of over 200 aircraft. [1] [8] By 1988, Evergreen had more than 2,300 employees worldwide. While his companies were producing over $460 million in annual revenue, they were also highly leveraged. [4] Main hall of the Evergreen Aviation and Space Museum
Evergreen Marine has also become a partner of EVA Airways, founded in 1989, and Uni Air, founded in 1998. In 2002, Evergreen Marine operated 61 container vessels, with a total fleet size totaling 130 vessels with 400,000 TEU (twenty-foot equivalent units). [7] By 2008, Evergreen Marine operated 178 container vessels. [9]