Textron Inc. is an industrial conglomerate that includes Bell Helicopter and Cessna Aircraft.
The company was founded by Royal Little in 1923 as the Special Yarns Company, a textile company in Boston, Massachusetts.
After World War II, Little vertically integrated the company to control all aspects of the production line, from raw goods to distribution. This integrated company was renamed Textron.
Today Textron manufactures E-Z-GO golf carts, Cessna and Beachcraft airplanes, Bell helicopters, auto parts, power tools, electrical and fiber optic assemblies, and turf maintenance equipment. The company also sells land and marine systems, sensors, and unmanned aerial vehicles to the Defense Department.
Textron Inc. is publicly traded on the New York Stock Exchange under the symbol TXT, is a member of the S&P 500, is #220 in the Fortune 500, has 32,000 employees, and had $12.10 billion in revenue in 2013.
Textron Inc.
Textron Inc. is an industrial conglomerate that includes Bell Helicopter and Cessna Aircraft.
The company was founded by Royal Little in 1923 as the Special Yarns Company, a textile company in Boston, Massachusetts.
After World War II, Little vertically integrated the company to control all aspects of the production line, from raw goods to distribution. This integrated company was renamed Textron.
History
Today Textron manufactures E-Z-GO golf carts, Cessna and Beachcraft airplanes, Bell helicopters, auto parts, power tools, electrical and fiber optic assemblies, and turf maintenance equipment. The company also sells land and marine systems, sensors, and unmanned aerial vehicles to the Defense Department.
Textron Inc. is publicly traded on the New York Stock Exchange under the symbol TXT, is a member of the S&P 500, is #220 in the Fortune 500, has 32,000 employees, and had $12.10 billion in revenue in 2013.
