Goodrich Corporation (ticker: GR, exchange: New York Stock Exchange (.N))
News Release -
15-Nov-2007
Goodrich Completes Divestiture of Heavy Maintenance Business CHARLOTTE, N.C., Nov. 15 /PRNewswire-FirstCall/ -- Goodrich Corporation
(NYSE: GR) announced today that it has completed the sale of its airframe
heavy maintenance business, Goodrich Aviation Technical Services, Inc. (ATS),
to a subsidiary of Macquarie Group Limited.
ATS has over 1,200 employees at its 950,000-square-foot-facility in
Everett, Wash. Serving a broad base of North American and global customers,
ATS provides maintenance, repair and overhaul services to airlines, cargo
fleet operators and aircraft owners. ATS services include: airframe heavy
maintenance; aircraft modifications and painting; passenger-to-freighter
conversions; engineering and certification; and component repair and overhaul.
Macquarie Group Limited is a diversified global financial services
institution headquartered in Sydney, Australia. Macquarie has a broad range of
experience in managing and/or owning investments in the aviation industry
including airports, aircraft leasing, jet engine leasing and Fixed-Base
Operations.
Goodrich Corporation, a Fortune 500 company, is a global supplier of
systems and services to aerospace, defense and homeland security markets.
With one of the most strategically diversified portfolios of products in the
industry, Goodrich serves a global customer base with significant worldwide
manufacturing and service facilities. For more information visit
http://www.goodrich.com.
Goodrich Corporation operates through its divisions and as a parent
company for its subsidiaries, one or more of which may be referred to as
"Goodrich Corporation" in this press release.
SOURCE Goodrich Corporation; GR - Actuation and Landing Systems
CONTACT: Media, Lisa Bottle, +1-704-423-7060, or Laurie Tardif,
+1-704-423-7048, or Investor Relations, Paul Gifford, +1-704-423-5517, all for
Goodrich Corporation
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