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Last week a live ringer for the Tin Goose, Aircraft Hydroforming's newly refined Bushmaster 2000, trundled down a Long Beach, Calif., runway and took off over the Pacific on a test flight.

"After all," says Hydroforming's president, Ralph P. Williams, "not one Tri-Motor in all these years has ever had a structural failure."

Lack of money stalled them until Williams, another Douglas alumnus and the owner of Hydroforming, an aircraft-parts-making company, bought a controlling interest in Hayden in 1958.