Sino Swearingen - now Emivest - developed a new business jet, the SJ30. The company is based in San Antonio, Texas, where the aircraft is assembled. The fuselage, wings and tail are manufactured at Martinsburg.
The Federal Aviation Administration, the industry's regulator, certified the jet in 2005. The company had 140 employees at Martinsburg that year. During a 2005 ceremony at Yeager Airport, company executives promised to employ 400 people at Martinsburg within five years.
Emivest Aerospace spokesman Mark Fairchild said Friday that he believes the company now has one employee in Martinsburg.
"We continue to support our customer aircraft in the fleet," Fairchild said.
The SJ30, which has seating for one pilot and six passengers, has a retail price of $7.5 million.
The company has delivered four aircraft to date. Late last year the company delivered one to actor and pilot Morgan Freeman. Fairchild said Freeman has flown the plane all over the globe with several trips to Europe and South Africa.
Sen. Jay Rockefeller, D-W.Va., worked for 14 years to get Sino Swearingen up and running in Martinsburg. He made more than a dozen trips to Taiwan to meet with investors and government leaders about the manufacturing project.
Rockefeller said, "I am very concerned about the news of restructuring at Emivest. I will be monitoring this situation closely. I worked hard to bring Sino Swearingen and now Emivest to West Virginia and I hope that they are able to restructure in a way that keeps the company in the Mountain State."
Contact writer George Hohmann at busin...@dailymail.com or 304-348-4836.