have nothing to fear from an investment such as this by the Chinese." The sale was reviewed by the Committee on Foreign Investment in the United States and was approved, as Cirrus has no national security-sensitive trade secrets. The sale to CAIGA was completed as a merger of the two companies on 28 June 2011. In July 2011, CAIGA president Xiangkai Meng and Duluth Mayor Don Ness signed a non-binding Memorandum of Understanding that the jobs at Cirrus Aircraft would remain in Duluth and not be moved to China. Ness said "Verbal assurances are wonderful, but a written assurance, signed by the president of CAIGA, certainly carries much more weight." Following the company's merger with CAIGA in July 2011, company CEO Brent Wouters indicated that Cirrus would move quickly to expand its line of aircraft, including bringing the Vision SF50 jet to market. Wouters said "We need to expand our product line -- bigger, smaller, faster airplanes, a much broader range, and very quickly. And we need more penetration in the top 10 foreign markets. And we must go forward quickly on both avenues." On the first anniversary of Chinese government ownership in 2012, company CEO Dale Klapmeier indicated that Cirrus was financially in a much better position and progress was being made with certifying the Vision SF-50 jet. In March 2013, the company was granted a loan for US$950,000 from the city of Grand Forks, North Dakota to purchase an autoclave for composite production at the company's Grand Forks facility. The loan was originally turned down by the city, questioning whether the company would ever repay it. The loan was later allowed and an apology issued. In July 2013, Cirrus president and COO Pat Waddick indicated that the ongoing Chinese government investment would allow it to continue to develop new models of aircraft with innovative powerplants. CEO Dale Klapmeier stated that the company hopes to eventually establish additional aircraft manufacturing facilities in China. In 2013 the company delivered 276 new aircraft. This was a 10 percent increase in the number of deliveries over 2012 and the company's best year since before the 2008 recession. In 2013 the SR22 and SR22T were the highest-selling general aviation fixed-wing aircraft in the world and had been for eleven years in a row. Cirrus passed Textron Aviation as the largest producer of piston aircraft by unit-volume in 2013, and has remained the largest