Mike Haridopolos helps hold off layoffs at Treasure Coast aircraft manufacturer with trade tariff relief
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Piper Aircraft Navigates Tariff Threats, Avoids Layoffs
Piper Aircraft successfully avoided laying off nearly two-thirds of its workforce, thanks to a coordinated effort between the manufacturer and government officials. Earlier this year, the implementation of 25% tariffs on imports from Canada and Mexico put significant pressure on Piper’s operations. With key components—such as turboprop engines sourced from Pratt & Whitney in Canada—subject to the tariffs, the company began evaluating cost-cuttin…
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