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BUSINESS
March 5, 1992
Furon Co. has sold its Reynolds & Taylor Inc. aerospace division in Santa Ana for an undisclosed price. The Laguna Niguel manufacturer of industrial plastics said Tuesday that it sold the 65-employee division to Reinhold Industries Inc., a Santa Fe Springs aerospace firm and a division of New York-based Keene Corp. J. Michael Hagan, Furon's chief executive, said the sale is the first of six divisions that the company has put up for sale as part of its effort to concentrate on its core business.
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BUSINESS
March 5, 1992
Furon Co. has sold its Reynolds & Taylor Inc. aerospace division in Santa Ana for an undisclosed price. The Laguna Niguel manufacturer of industrial plastics said Tuesday that it sold the 65-employee division to Reinhold Industries Inc., a Santa Fe Springs aerospace firm and a division of New York-based Keene Corp. J. Michael Hagan, Furon's chief executive, said the sale is the first of six divisions that the company has put up for sale as part of its effort to concentrate on its core business.
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BUSINESS
April 14, 1992
Furon Co., which makes polymer products for manufacturers, said Monday that it has sold its filtration products division in Houston to Filtration Products Ltd. as part of a restructuring announced earlier this year. The Laguna Niguel company did not disclose terms of the sale. It posted a $22.3-million loss on sales of $306 million for its 1992 fiscal year ended Feb. 1, 1992.
BUSINESS
July 14, 1988 | JOHN O'DELL, Times Staff Writer
Fluorocarbon Co. said it has agreed in principle to buy Reynolds & Taylor Inc., a Santa Ana maker of advanced composite materials for the defense and aerospace industries. Privately held Reynolds & Taylor, founded in Santa Ana in 1960, has 150 employees and reported sales last year of about $10 million.
BUSINESS
March 27, 1985 | JOHN O'DELL, Times Staff Writer
When Reynolds & Taylor Inc. went fishing for a contract for its acrylics division last year at Florida's Disney World, the Santa Ana plastics manufacturer landed a big one. Reynolds & Taylor, with 150 employees and 1984 sales of about $10 million, beat out the giant Mitsubishi conglomerate of Japan for a contract to produce and install the acrylic windows for a 5.7-million-gallon aquarium at Disney's Epcot Center in Orlando.
BUSINESS
March 26, 1992 | MICHAEL FLAGG, TIMES STAFF WRITER
Furon Co., a maker of rubber and plastic parts for manufacturers, said Wednesday that it lost $22.3 million for its fiscal year ended Feb. 1, contrasted with a profit of $9.1 million the previous year. Furon had said in January that it would lose up to $25 million for the year as a result of discontinuing some products and the sale of six businesses that, as a group, were unprofitable. The costs of that restructuring resulted in a $32-million write-down before taxes.
NEWS
May 12, 1988 | MICHAEL FLAGG, Times Staff Writer
Breaking ranks with local builders, more than half the executives surveyed by The Times said they would vote for the slow-growth initiative even though they expect it to hurt Orange County's economy. Most of the 562 executives polled by The Times said they thought the initiative would cut jobs and raise housing prices. And even more said their own businesses would suffer if voters approve the initiative in the June 7 primary.
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