The Loening Legacy
Before there was Grumman, there was Loening Aeronautical. Run by the brilliant Grover Loening and his brother Albert P. Loening, it was the training ground for Leroy Grumman, Jake Swirbul, and Bill Schwendler. When the company was sold to Keystone Aircraft in 1929 and moved to Pennsylvania, this core team decided to stay in New York and strike out on their own. Albert Loening, believing in their talent more than his brother's corporate merger, joined them as a founding investor.
Funding the Garage Startup
Starting an aircraft company at the onset of the Great Depression was madness. Albert P. Loening's financial backing was the lifeline. He became one of the five original pillars of the company (along with Grumman, Swirbul, Schwendler, and Towl), serving as Vice President. His investment helped turn a drafty garage in Baldwin, Long Island, into a factory.
The Amphibious DNA
Albert's presence ensured that the amphibious expertise of the Loening company wasn't lost. The first Grumman successesâthe amphibious floats and later the Grumman Duck (J2F)âwere direct evolutions of the concepts the team had worked on under the Loening brothers. Albert P. Loening didn't just bring money; he brought the pedigree that allowed a small repair shop to secure Navy contracts and eventually build the Hellcat.