Cessna provided the woodworking tools, although most of the construction was steel tubing. Stearman contributed designs; Beech ran the assembly line and demonstrated the models in air races.
The following year they made the Woolaroc, which won the Dole Race from California to Hawaii!
In summer 1929 sales began to slow along with the economy. In August Curtiss and Wright merged with Travel Air. The new corporation was made of Wright Aeronautical, Keystone/Loening, Curtiss Flying Service, and Travel Air.
Curtiss-Wright Corporation eventually became the largest air manufacturer in the U.S. Beech and Stearman went on to formed other aircraft companies in Wichita.
I didn't know any of this until this morning when RLK told me about the founders of the company, and I learned about the Woolerac months ago when I posted about the Dole Race https://justacarguy.blogspot.com/2020/11/the-1927-dole-race-from-oakland-to.html
for a 500 photo gallery of the Dole Air Race see https://www.flickr.com/photos/sdasmarchives/albums/72157667480712492
A fine looking bi-wing.
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