Textool Sues Bell for $1 Million

Textool Sues Bell for $1 Million 22 Sep, 16, Source: HeliHub.com

Textool, a Houston-based main rotor shaft supplier has sued Bell Helicopters for over $1 million. Textool asks for a jury trial to settle the dispute of failed payments between them.

Textool commented saying that Bell Helicopter provided them with raw material that did not meet safety requirements. Textool were told by Bell to use the material and that they would be later compensated for any wasted parts made, but Bell later changed their mind and refused to pay Textool. Since the dispute started, Textool has let off 30 employees.

As reported by Star Telegram, Textool supplies Bell with 80% of their main rotor shafts. Without each other’s business, both companies have experienced a downturn in their production.

Related Posts