December 23, 1997
Richfield, Ohio-based B.F. Goodrich Co. said it completed its acquisition of Chula Vista-based Rohr Inc. for $1.3 billion in stock and assumed debt to expand its aircraft-parts business. . . . Los Angeles-based ABM Industries named Chief Executive Martinn Mandles to the additional post of chairman, succeeding Sydney Rosenber, who was named chairman emeritus.
December 3, 1998 |
B.F. Goodrich Co., the tire maker turned aerospace company, said it will close four plants and eliminate 775 jobs, or 4.6% of its work force, as part of a cost-savings plan related to the 1997 acquisition of Rohr Inc. The company said it will take a fourth-quarter charge of about $7 million, or 9 cents a share, to pay for the moves, which it said will save about $10 million a year beginning in 2000. Richfield, Ohio-based Goodrich also said its profit for 1998 will exceed $3.
November 4, 1999
* B.F. Goodrich Co. said it bought Boeing Co.'s ejection-seat business to broaden its range of safety-related aerospace products. * Tommy Hilfiger Corp.'s profit jumped 34% in its fiscal second quarter to $76 million, or 79 cents a share, 6 cents higher than estimates, as sales grew 21% to $561.6 million. * Rockwell International Corp. said its fiscal fourth-quarter earnings rose 20% to $155 million, or 80 cents a share, a penny higher than analysts forecast, as revenue grew 6.3% to $1.
December 4, 1995 |
America West Lays Off Workers: The Phoenix-based air carrier is laying off 500 workers, including half of its mechanics, and will have major aircraft maintenance performed by a contractor, the company announced. Officials at America West Airlines Inc. denied rumors that it is considering a merger with another airline in connection with the layoffs, which are expected to save the company $35 million over five years. The airline began notifying employees of the layoffs on Friday.