When CubCrafters got the green light to sell shares in the company to the public, it opened up a new world to the general aviation manufacturer: Wall Street.
That public offering led to an invitation to CubCrafters President and CEO Patrick Horgan to be on the latest episode of TheBell2BellPodcast from InvestorBrandNetwork (IBN), which “delivers informative updates and exclusive interviews with executives operating in fast-moving industries,” according to IBN officials.
During the podcast, Horgan introduces investors to CubCrafters and its general aviation aircraft, and provided a preview of the future as the company raises capital for its expansion to keep up with demand in the backcountry aircraft market segment.
“Increasing manufacturing to reduce our order back log is key,” Horgan said. “We have plans to expand internationally, and one of the other key focuses for the use of proceeds is improving our services and support structure.”
But the podcast isn’t all about the financials. Horgan also opens up about his background in aviation what attracted him to CubCrafters.
“Flying has been a bug since I was a young boy. I grew up west of Chicago, and I was in the flight path for both Midway Airport and O’Hare. I used to watch these big metal things in the air and made a decision very early in my life that it was something I wanted to pursue,” he said. “I found a way to do that. I actually had a pilot’s license when I was 15, before I had a driver’s license. I even built an experimental airplane in the garage in high school. I went on to become an aeronautical engineer to start off my professional career. Flying is something that’s been a part of me since the beginning.”
He relates that he met CubCrafters founder Jim Richmond close to 30 years ago.
“I was the general manager of another aircraft OEM, but I retained my meeting with Jim as something that was special. I followed the company, and, when CubCrafters was moving to a new level and certifying some new airplanes, Jim and I connected. It was really a good match to the skillset and talent that I’ve been blessed to be able to serve with. It’s a good place for me to be. I love the product, I love the people. The adventure is not just in the product, it’s in the company and the people, as well.”
CubCrafters is accepting outside investment for the first time in its history as part of a Regulation A offering. You can learn more about the public offering here.
To listen to the full podcast episode, go to Podcast.Bell2Bell.com.