The Kreider-Reisner Aircraft Company was formed at Hagerstown, Maryland in 1923 as a sub-contractor.

By September 1925 the company was operating a general flying service and incorporated.

The aircraft performed well in aviation competitions so the company then designed a two-seat utility biplane.

On 1 April 1929 the company was bought by the Fairchild Aircraft Company who continued production at Hagerstown and redesignated the aircraft in a Fairchild KR series.

Kreider remained president, but died on 13 April 1929 in a mid-air collision.