Management
Jay Carter, Jr.
Chairman
Jay Carter, Jr. is founder, Chairman and Principal Designer of
CarterCopters, LLC. He attended Texas Tech University and graduated
with a BS in Mechanical Engineering. He did graduate work in
Aeronautical Engineering. He designed and built two autogyros
with the guidance from his father during the summer months while
attending college. The second one is shown below.
Mr. Carter worked at Bell Helicopters as a Research and
Development Design Engineer for more than two years, where he
contributed to the design of the V-15 tilting prop rotor.
In 1970, he founded Jay Carter Enterprises with his father and
developed a steam powered automobile which was the first car in the
world to meet the original 1976 EPA emission level standards. The
car could make a cold start in 30 seconds, travel at more than 80
mph, and was featured on the front cover of several magazines,
including Popular Science.
In 1976, Mr. Carter founded Carter Wind Systems and spent the
next seventeen years as President and Principal Designer. By 1983,
the company had grown to over $7 million in sales with more than 100
employees. The company installed wind turbines throughout the U.S.,
and from Great Britain to Hawaii to 300 miles north of the Arctic
Circle. His ability to develop and market a very lightweight and
cost effective wind turbine enabled the company to survive the
industry decline in the mid-198O's and to emerge as one of the only
two U.S. wind turbine manufacturers still in existence by 1988.
In 1982, 10% of the company was sold to Hamilton Standard, a
division of United Technologies. In 1992, 50% of the company was
sold to private investors. Mr. Carter negotiated all licensing
agreements and the sale of the company. Renewed interest in
sustainable energy has prompted the creation of a new wind turbine
company, Carter Wind
Energy.
In 1994, Mr. Carter founded CarterCopters, LLC and began the
formal development of the company's innovative fourth generation
rotorcraft that combines the best characteristics of helicopters and
fixed wing aircraft.
Mr. Carter is a proven and experienced engineer, manager, and
entrepreneur who has been involved in the aviation industry and a
private pilot since 1967.
President
CarterCopters is in the initial stages of recruiting its
President. The President shall be brought aboard when CarterCopters
is preparing to launch its licensing program, which we anticipate
will occur within the next two to six months. We plan to recruit a
ranking executive from the aerospace industry with the following
qualifications: (1) at least ten years of executive level experience
in the aerospace industry, (2) intimate familiarity with and
experience in the rotorcraft industry, (3) experience in managing a
military rotorcraft production program, (4) experience in
successfully procuring prime production contracts for military
rotorcraft, and (5) numerous personal executive level contacts
within the rotorcraft industry and U.S. military. The President
shall be responsible for all sales of CarterCopters licenses and the
negotiation of license and royalty fee terms.
Paul Redding
Vice President
Paul Redding is the Vice President of the company and has the
primary responsibility of fabricating all metal parts for the
prototype. He is currently President and CEO of Redding Machine
Shop, Inc. and Plugwell Specialties. Redding Machine Shop is a
precision machining operation that utilizes the latest
computer-controlled machining technology. Plugwell Specialties
manufactures and markets wireline set downhole tools that are sold
worldwide to the petroleum industry. Mr. Redding majored in business
administration at the University of Denver and has been a single
engine fixed wing and helicopter pilot since 1958.
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