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Textron Aircraft
Textron Inc. is an American industrial conglomerate based in Providence, Rhode Island. Textron's subsidiaries include Arctic Cat, Bell Textron, Textron Aviation (which itself includes the Beechcraft, and Cessna brands), and Lycoming Engines. It was founded by Royal Little in 1923 as the Special Yarns Company. In 2020, Textron employed over 33,000 people in 25 different countries. The company ranked 265th on the 2021 ''Fortune'' 500 of the largest United States corporations by revenue. History Early history Textron started as a textile company in 1923, when 27-year-old Royal Little founded the Special Yarns Corporation in Boston, Massachusetts. The company manufactured synthetic yarns, a niche product at the time. By the start of World War II, the company was known as Atlantic Rayon Corporation and manufactured parachutes. As war production wound down, the company started making civilian products as well and was renamed Textron: “Tex" for "textiles" and "tron" from ...
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Textron Tower
The Textron Tower, formerly the Old Stone Tower, is a modern skyscraper in downtown Providence, Rhode Island. It is the world headquarters of Textron. At , the Textron Tower stands as the 5th-tallest building in the city and the state. Architecture The Textron Tower was designed by Shreve, Lamb & Harmon, architects of the Empire State Building. The structure is set back some from the building line and raised above the street on a podium. The first story is marbled sheathed and serves as a base for the concrete-grid curtain wall. The building features deep reveals attached to a reinforced concrete frame and is clad with deeply exposed aggregate precast panels. The structure was included in a 2020 Business Insider ''Insider'', previously named ''Business Insider'' (''BI''), is an American financial and business news website founded in 2007. Since 2015, a majority stake in ''Business Insider''s parent company Insider Inc. has been owned by the German publ ... article entitle ...
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Bell Textron
Bell Textron Inc. is an American aerospace manufacturer headquartered in Fort Worth, Texas. A subsidiary of Textron, Bell manufactures military rotorcraft at facilities in Fort Worth, and Amarillo, Texas, as well as commercial helicopters in Mirabel, Quebec, Canada. History Bell Aircraft The company was founded on July 10, 1935, as Bell Aircraft Corporation by Lawrence Dale Bell in Buffalo, New York. The company focused on the designing and building of fighter aircraft. Their first fighters were the XFM-1 Airacuda, a twin-engine fighter for attacking bombers, and the P-39 Airacobra. The P-59 Airacomet, the first American jet fighter, the P-63 Kingcobra, the successor to the P-39, and the Bell X-1 were also Bell products.History of Bell Helicopter
. bellhelicopter.com

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World War II
World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the vast majority of the world's countries—including all of the great powers—forming two opposing military alliances: the Allies and the Axis powers. World War II was a total war that directly involved more than 100 million personnel from more than 30 countries. The major participants in the war threw their entire economic, industrial, and scientific capabilities behind the war effort, blurring the distinction between civilian and military resources. Aircraft played a major role in the conflict, enabling the strategic bombing of population centres and deploying the only two nuclear weapons ever used in war. World War II was by far the deadliest conflict in human history; it resulted in 70 to 85 million fatalities, mostly among civilians. Tens of millions died due to genocides (including the Holocaust), starvation, ma ...
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Yarn
Yarn is a long continuous length of interlocked fibres, used in sewing, crocheting, knitting, weaving, embroidery, ropemaking, and the production of textiles. Thread is a type of yarn intended for sewing by hand or machine. Modern manufactured sewing threads may be finished with wax or other lubricants to withstand the stresses involved in sewing. Embroidery threads are yarns specifically designed for needlework. Yarn can be made of a number of natural or synthetic materials, and comes in a variety of colors and thicknesses (referred to as "weights"). Although yarn may be dyed different colours, most yarns are solid coloured with a uniform hue. Etymology The word yarn comes from Middle English, from the Old English ''gearn'', akin to Old High German ''garn'', "yarn," Dutch "garen," Italian ''chordē'', "string," and Sanskrit ''hira'', "band." History The human production of yarn is known to have existed since the Stone Age and earlier prehistory, with ancient fiber mat ...
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Charlotte J Sternberg - Textron Advertising - Ladies' Home Journal, 1948
Charlotte ( ) is the most populous city in the U.S. state In the United States, a state is a constituent political entity, of which there are 50. Bound together in a political union, each state holds governmental jurisdiction over a separate and defined geographic territory where it shares its sove ... of North Carolina. Located in the Piedmont (United States), Piedmont region, it is the county seat of Mecklenburg County, North Carolina, Mecklenburg County. The population was 874,579 at the 2020 United States census, 2020 census, making Charlotte the List of United States cities by population, 16th-most populous city in the U.S., the seventh most populous city in Southern United States, the South, and the second most populous city in the Southeastern United States, Southeast behind Jacksonville, Florida. The city is the cultural, economic, and transportation center of the Charlotte metropolitan area, whose 2020 population of 2,660,329 ranked List of metropolitan statist ...
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Fortune 500
The ''Fortune'' 500 is an annual list compiled and published by ''Fortune'' magazine that ranks 500 of the largest United States corporations by total revenue for their respective fiscal years. The list includes publicly held companies, along with privately held companies for which revenues are publicly available. The concept of the ''Fortune'' 500 was created by Edgar P. Smith, a ''Fortune'' editor, and the first list was published in 1955. The ''Fortune'' 500 is more commonly used than its subset ''Fortune'' 100 or superset ''Fortune'' 1000. History The ''Fortune'' 500, created by Edgar P. Smith, was first published in 1955. The original top ten companies were General Motors, Jersey Standard, U.S. Steel, General Electric, Esmark, Chrysler, Armour, Gulf Oil, Mobil, and DuPont. Methodology The original ''Fortune'' 500 was limited to companies whose revenues were derived from manufacturing, mining, and energy exploration. At the same time, ''Fortune'' published compani ...
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Cessna
Cessna () is an American brand of general aviation aircraft owned by Textron Aviation since 2014, headquartered in Wichita, Kansas. Originally, it was a brand of the Cessna Aircraft Company, an American general aviation aircraft manufacturing corporation also headquartered in Wichita. The company produced small, piston-powered aircraft, as well as business jets. For much of the mid-to-late 20th century, Cessna was one of the highest-volume and most diverse producers of general aviation aircraft in the world. It was founded in 1927 by Clyde Cessna and Victor Roos and was purchased by General Dynamics in 1985, then by Textron, Inc. in 1992. In March 2014, when Textron purchased the Beechcraft and Hawker Aircraft corporations, Cessna ceased operations as a subsidiary company and joined the others as one of the three distinct brands produced by Textron Aviation. Throughout its history, and especially in the years following World War II, Cessna became best-known for producing hig ...
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Textron Aviation
Textron Aviation Inc. is the general aviation business unit of the conglomerate Textron that was formed in March 2014 following the acquisition of Beech Holdings which included the Beechcraft and Hawker Aircraft businesses. The new business unit includes the Textron-owned Cessna. Textron Aviation sells Beechcraft and Cessna branded aircraft. While no longer selling new Hawker airplanes, Textron Aviation still supports the existing Hawker aircraft fleet through its service centers. The CEO of Cessna, Scott Ernest, was named as the first CEO of Textron Aviation Incorporated. In October 2018, Ronald Draper succeeded Ernest to become the second CEO of Textron Aviation. History Textron completed its purchase of Beech Holdings in March 2014 for approximately US$1.4 billion in cash. The parent company, Textron, financed the equity purchase and the repayment of Beechcraft's debt in cash, plus its issue of US$600 million in senior notes and a new US$500 million five-year term loan. Onc ...
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Conglomerate (company)
A conglomerate () is a multi-industry company – i.e., a combination of multiple business entities operating in entirely different industries under one corporate group, usually involving a parent company and many subsidiaries. Conglomerates are often large and multinational. United States The conglomerate fad of the 1960s During the 1960s, the United States was caught up in a "conglomerate fad" which turned out to be a form of speculative mania. Due to a combination of low interest rates and a repeating bear-bull market, conglomerates were able to buy smaller companies in leveraged buyouts (sometimes at temporarily deflated values). Famous examples from the 1960s include Ling-Temco-Vought,. ITT Corporation, Litton Industries, Textron, and Teledyne. The trick was to look for acquisition targets with solid earnings and much lower price–earnings ratios than the acquirer. The conglomerate would make a tender offer to the target's shareholders at a princely premium to the ...
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Textron Marine & Land Systems
Textron Marine & Land Systems, formerly Cadillac Gage, is an American military contractor that manufactures armored vehicles, turrets, advanced marine craft, surface effects ships, and other weapon systems. It is owned by Textron, and was formed in the merger between Cadillac Gage and Textron Marine in 1994. Products Today, as Textron Marine & Land Systems it produces: *M1117 Armored Security Vehicle – for the U.S. Army *Textron Tactical Armoured Patrol Vehicle – for the Canadian Army *Landing Craft Air Cushion (LCAC) – for the U.S. Navy *Ship-to-Shore Connector *47-foot Motor Lifeboat (MLB) – for the United States Coast Guard, U.S. Coast Guard *NAIAD Rigid Hull Inflatable Boat *Cadillac Gage turret systems *Tiger Light Protected Vehicle The main office for Textron Marine & Land Systems is located in Slidell, Louisiana. History Cadillac Gage, located in Warren, Michigan manufactured many Vietnam war, Vietnam-era military vehicles and artillery pieces: * ...
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Lycoming Engines
Lycoming Engines is a major American manufacturer of aircraft engines. With a factory in Williamsport, Pennsylvania, Lycoming produces a line of horizontally opposed, air-cooled, four, six and eight-cylinder engines including the only FAA-certified aerobatic and helicopter piston engines on the market. The company has built more than 325,000 piston aircraft engines and powers more than half the world's general aviation fleet, both rotary and fixed wing. Lycoming is an operating division of Avco Corporation, itself a subsidiary of Textron. History Sewing machines, bicycles and fashion Lycoming dates its founding to 1845 by " Madame Ellen Curtis Demorest". However, the early history of the company (especially prior to 1860) is unclear; biographer Ishbel Ross notes that the marriage of Ellen Louise Curtis to William Jennings Demorest took place in 1858, somewhat later than the purported date of establishment of the company. A few years later in New York, between c. 1860 and 1 ...
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