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BUSINESS
February 19, 1992 | GREG JOHNSON, TIMES STAFF WRITER
Rohr Inc. said Tuesday that an on-going federal investigation into "various acts of employees" at the company's Riverside manufacturing plant might result in criminal and civil charges. In a prepared release, Rohr said that the federal probe focuses on the "production of parts, the recording of information which is a part of the product process and the company's testing practices."
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BUSINESS
September 23, 1997 | KAREN KAPLAN, TIMES STAFF WRITER
One week after initial merger talks broke down, BFGoodrich Co. agreed Monday to acquire Rohr Inc. in a $1.3-billion deal that increases consolidation among the second tier of aerospace companies. Chula Vista, Calif.-based Rohr makes engine accessories such as nacelles--the aerodynamic structures that surround an aircraft's engines--and the pylons that attach them to planes.
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BUSINESS
September 12, 1997 | From Times Wire Services
Rohr Inc., a maker of aircraft engine parts, said Thursday that it was in talks to be acquired by an unidentified company in a deal that could be worth more than $1 billion. The Chula Vista-based company said the talks involve a price of $30.25 a share. Based on the 26.2 million shares outstanding, the deal would be worth about $793 million, but analysts said a buyer could pay more. In addition, Rohr has about $450 million of debt.
BUSINESS
September 12, 1997 | From Times Wire Services
Rohr Inc., a maker of aircraft engine parts, said Thursday that it was in talks to be acquired by an unidentified company in a deal that could be worth more than $1 billion. The Chula Vista-based company said the talks involve a price of $30.25 a share. Based on the 26.2 million shares outstanding, the deal would be worth about $793 million, but analysts said a buyer could pay more. In addition, Rohr has about $450 million of debt.
BUSINESS
January 10, 1997 | JAMES F. PELTZ, TIMES STAFF WRITER
Now that the two remaining U.S. makers of jetliners plan to merge, what becomes of Rohr Inc.? Rohr, which is headquartered in Chula Vista and also has a major plant in Riverside, is a leading supplier of structural aircraft parts to the two merger partners--Boeing Co. and McDonnell Douglas Corp.--and to the world's other major airplane maker, Airbus Industrie of Europe. The company also sells its products to the major engine manufacturers, including General Electric Co.
BUSINESS
September 23, 1997 | KAREN KAPLAN, TIMES STAFF WRITER
One week after initial merger talks broke down, BFGoodrich Co. agreed Monday to acquire Rohr Inc. in a $1.3-billion deal that increases consolidation among the second tier of aerospace companies. Chula Vista, Calif.-based Rohr makes engine accessories such as nacelles--the aerodynamic structures that surround an aircraft's engines--and the pylons that attach them to planes.
BUSINESS
July 21, 1993 | From Times Staff and Wire Reports
Struggling aircraft components maker Rohr Inc. said it will lay off 1,300 more employees over the next four months to keep cutting costs in the face of slumping jetliner sales. The Chula Vista, Calif.-based company said the layoffs will cut its employment worldwide to 5,700. The company has already laid off about 2,000 people in the last 18 months as commercial aircraft orders have slowed. In mid-1989, Rohr employed 12,000 people.
BUSINESS
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.
BUSINESS
January 10, 1997 | JAMES F. PELTZ, TIMES STAFF WRITER
Now that the two remaining U.S. makers of jetliners plan to merge, what becomes of Rohr Inc.? Rohr, which is headquartered in Chula Vista and also has a major plant in Riverside, is a leading supplier of structural aircraft parts to the two merger partners--Boeing Co. and McDonnell Douglas Corp.--and to the world's other major airplane maker, Airbus Industrie of Europe. The company also sells its products to the major engine manufacturers, including General Electric Co.
BUSINESS
July 21, 1993 | From Times Staff and Wire Reports
Struggling aircraft components maker Rohr Inc. said it will lay off 1,300 more employees over the next four months to keep cutting costs in the face of slumping jetliner sales. The Chula Vista, Calif.-based company said the layoffs will cut its employment worldwide to 5,700. The company has already laid off about 2,000 people in the last 18 months as commercial aircraft orders have slowed. In mid-1989, Rohr employed 12,000 people.
BUSINESS
February 19, 1992 | GREG JOHNSON, TIMES STAFF WRITER
Rohr Inc. said Tuesday that an on-going federal investigation into "various acts of employees" at the company's Riverside manufacturing plant might result in criminal and civil charges. In a prepared release, Rohr said that the federal probe focuses on the "production of parts, the recording of information which is a part of the product process and the company's testing practices."
BUSINESS
December 20, 1991 | From Times Staff and Wire Reports
American Telephone & Telegraph Co. said its fourth-quarter profit will be reduced by 14 cents a share as a result of lowering the book value of its investment in an Italian concern. . . . American Express Travel Related Services Co. agreed to acquire Lifeco Travel Services of Houston for an undisclosed sum. Lifeco owns three foreign travel companies and has a 60% interest in Integrated Travel Services Inc. of Canada. . . . Steelcase, the Grand Rapids, Mich.
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