In 1937, it was renamed Piper Aircraft Corporation. On March 16, 1937, a fire destroyed the Bradford Piper factory and the company relocated to an abandoned silk mill in Lock Haven, Pennsylvania.
Taylor, who left the company and went on to form the Taylorcraft Aircraft Company.
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In December 1935, after a series of clashes, William Piper bought out C. Piper, often called the " Henry Ford of Aviation", firmly believed a simple-to-operate, low-cost, private airplane would flourish, even in the darkest depths of the Great Depression. Reorganized as the Taylor Aircraft Company, Piper effectively took control of the firm when he assumed the position of corporate secretary- treasurer, although he retained C. Piper purchased the assets of the company for $761. In late 1930, the company filed for bankruptcy and William T. The move was completed in September 1929. The company was enticed to move to Bradford, Pennsylvania, with the promise of a larger facility and investment capital from local businessmen, including an initial investment of $400 from local oil industry engineer William T. The company was renamed Taylor Brothers Aircraft Corporation in April 1928, shortly before Gordon Taylor died in an aircraft accident on April 24, 1928.
The company was founded as the Taylor Brothers Aircraft Manufacturing Company in September 1927 by brothers Clarence G.
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