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Goodrich Corporation

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The Goodrich Corporation (formerly the B.F. Goodrich Company) NYSE: [GR], based in Charlotte is an American aerospace manufacturing company. Founded in Akron, Ohio in 1870 as Goodrich, Tew & Co. by Dr. Benjamin Franklin Goodrich. The company name was changed to the "B.F. Goodrich Company" in 1880, to BFGoodrich in the 1980's, and to the "Goodrich Corporation" in 2001.

The company has a history of innovation and was responsible for introducing the zipper. As B.F. Goodrich, the company became one of the largest tire and rubber manufacturers in the world, helped in part by the 1986 merger with Uniroyal (formerly the United States Rubber Company). This product line was sold to Michelin in 1988, and the company acquired Rohr (1997), Coltec Industries, and TRW Aeronautical Systems (formerly Lucas Aerospace) in 2002. The sale of the specialty chemicals division and subsequent change to the current name completed the transformation. In 2005, company sales were $5.4 billion dollars.

The Troy, Ohio plant was purchased in 1946 from WACO. Since then, Goodrich has manufactured wheels and brakes for a variety of aircraft. Among these are commercial, military, regional, and business programs. This successful operation lies at the core of Goodrich's business. Competitors include the aerostructures divisions of companies such as Alcoa (Howmet/Huck) and SNECMA.

Businesses

Airframe Systems

Electronic Systems

Engine Systems

Platforms

Civil

Military

Even though B F Goodrich is still a popular brand name of tires, the Goodrich Corporation exited the tire business in 1988. The tire business and use of the name was sold to Michelin.

Prior to that point, Goodrich ran some TV ads trying to distinguish themselves from the similar sounding Goodyear tire company. The tag line was, "See that blimp up in the sky? We're the other guys!"

Further reading

External links

 


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