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To review our standard terms and conditions, please click here for Brea and here for France. Benjamin Franklin Goodrich. NYSE: RTX , is a leader in technologically advanced and intelligent solutions for the global aerospace and defense industry.
Created in by bringing together UTC Aerospace Systems and Rockwell Collins, Collins Aerospace has the capabilities, comprehensive portfolio and expertise to solve customers' toughest challenges and to meet the demands of a rapidly evolving global market. Collins Aerospace, created by the combination of UTC Aerospace Systems and Rockwell Collins, has helped shape the aerospace and defense industry in pivotal ways for more than a century.
The company has become a leader in aviation and high integrity solutions, built on a legacy of quality, trust and customer service. As Collins Aerospace, the combined talents of both organizations are committed to honoring their strong legacy while creating comprehensive strategies to propel its customers and the industry toward the future, every day.
From the smallest details to the highest pursuits, Collins Aerospace is dedicated to redefining aerospace. The company prospered during the postwar era but faced difficulties when the U.
Convinced that its future lay in chemicals and plastics, the company's directors embarked on a long and often difficult restructuring plan.
Goodrich finally divested itself of its tire business in , emerging as a leaner, more profitable company. Benjamin Franklin Goodrich followed a circuitous route into the rubber industry. Born in Ripley, New York, in , Goodrich pursued an education in medicine and served as an assistant surgeon in the Union Army during the Civil War.
After the war Goodrich pursued a career in business and entered into a real estate partnership with John P. Morris of New York City. In , the partners found themselves investors in a small operation called the Hudson River Rubber Company. They soon acquired full ownership of the company, and Goodrich took over as its president.
Goodrich was not impressed with the company's prospects in New York and he considered moving it west, where a growing population and economy offered plenty of opportunities for expansion. After listening to a stranger praise a canal town in Ohio called Akron, he investigated it for himself.
Akron's citizens were as anxious to attract business as Goodrich was to develop it. After his visit, a group of 19 potential investors sent George T. Perkins back to New York with Goodrich to examine his operations there. The group received a favorable report, and it loaned Goodrich the money he needed to move west.
Tew and the Akron investors. After completing a two-story factory on the banks of the Ohio Canal, Goodrich was in business as the first rubber company west of the Allegheny Mountains. Goodrich experienced a shaky start during its first decade. The company's first product was a cotton-covered fire-hose designed to withstand the high pressures and low temperatures that often caused leather hoses to burst. While the fire-hose was a welcome innovation among the nation's firefighters, poor financing led to several reorganizations within the company.
George W. Crouse, one of the original Akron investors, finally stabilized the company's finances with an additional loan in , and it was incorporated in the state of Ohio as The B. Goodrich Company. Goodrich died in , just a few years before the bicycle craze of the s revolutionized his company and the rubber industry. Among the company's early products had been the solid-band tire used on bicycles of the s. The invention of the pneumatic tire in greatly increased the comfort of bicycle riding, and Goodrich began turning out bicycle tires to keep pace with the popularity of this recreation.
The introduction of cord tires, which increased the speed of bicycles, and the adaptation of pneumatic tires to horse-drawn buggies, expanded the nation's rubber markets further. Goodrich increased its capacity with each addition to its tire demand, and company engineers cooperated with independent inventors to find new applications for company products.
The most important of these joint efforts was a contribution Goodrich made to the nation's infant automobile industry. He asked Goodrich to develop a pneumatic tire strong enough to handle its high speeds and heavier loads.
Goodrich responded with the first pneumatic tires for automobiles, beginning a long partnership with the auto industry that became the foundation for the company's profits for the next 70 years.
From very early in its history Goodrich committed itself to research and development in rubber technology. Under the aegis of Goodrich's son, Charles Cross Goodrich, the company opened the rubber industry's first experimental research laboratory in Arthur H. Marks, one of Goodrich's engineers, was responsible for several breakthroughs in the processing of crude rubber. In its natural form, crude rubber is very sensitive to changes in temperature, becoming hard and brittle when cooled, and soft and tacky when heated.
Vulcanization, a process first discovered by Charles Goodyear in , mixes crude rubber with sulfur and heat to convert it to a durable material unaffected by changes in climate. At the turn of the century, Arthur Marks pioneered a procedure for de-vulcanizing vulcanized rubber, thus enabling producers to reclaim crude rubber from manufactured goods for re-use.
Marks also developed methods for speeding vulcanization by adding certain organic chemical accelerators to the process. The use of such compounds reduced the time necessary for vulcanization by as much as 75 percent. Goodrich continued to apply the latest technology to its tire production. In , it introduced the first cord tire for use on U. This tire, which reduced fuel consumption and increased the comfort of the ride, was developed in Silvertown, England, and marketed there as the Palmer Cord.
Goodrich purchased the patent rights for it in the United States and sold it to U. Other innovations in Goodrich's tire manufacturing included the use of other organic compounds to resist deterioration by heat, oxidation, and flexing, and the inclusion in its manufacturing process of carbon black, a coloring pigment that improved the tires' resistance to abrasion.
Goodrich's success in its tire business led it into product diversification. By the time of World War I, it was producing rubber for consumer goods such as shoes, boots, tennis balls, and waterproof clothing, as well as for industrial goods such as belting for power transmission and mechanical conveyors. Goodrich also expanded into chemical production. One of its first products in this field was Vulcalock, an adhesive capable of bonding rubber to metal and used to protect pipes and storage tanks from the corrosive materials they often contained.
In , a Goodrich engineer developed a method for plasticizing polyvinyl chloride PVC , turning this waste chemical compound into the material recognized today as vinyl. Goodrich marketed its PVC products under the brand names Geon and Koroseal, applying them to such varied uses as floor tiles, garden hoses, and electrical insulation. Goodrich also grew with the nation's aviation industry, producing airplane tires and the first airplane de-icers, important devices used in the achievement of all-weather flying.
The automobile and aviation industries, along with the rubber demand created by World War I, powered Goodrich's expansion through the first 30 years of the 20th century. In , Goodrich re-incorporated as a New York company and increased its production capacity by acquiring the Diamond Rubber Company, which owned plants adjacent to Goodrich's in Akron. The depression, however, brought the company its first setbacks since the s. The slowed U. The depression also affected the company's labor relations with its 15, employees in Akron.
His visit sparked a five-week strike at the plants of Goodrich, Goodyear, and Firestone, temporarily shutting down the nation's three largest rubber producers.
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