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19 Facts About Textron

1.

Textron Inc is an American industrial conglomerate based in Providence, Rhode Island.

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2.

Textron ranked 265th on the 2021 Fortune 500 of the largest United States corporations by revenue.

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3.

Textron started as a textile company in 1923, when 27-year-old Royal Little founded the Special Yarns Corporation in Boston, Massachusetts.

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4.

Textron manufactured synthetic yarns, a niche product at the time.

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5.

In 1984, Textron took on more debt and bought Avco, a conglomerate almost as big as itself.

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6.

Textron acquired Mechtronix in Montreal, Quebec and OPINICUS in Tampa, Florida, in 2013.

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7.

Textron formed a new company called Textron Aviation to market the products of Beechcraft, Cessna and Hawker as individual brands.

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8.

In March 2022, Textron agreed to acquire Pipistrel, an electrically powered aircraft manufacturer based in Italy and Slovenia.

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9.

Textron operates Arctic Cat as a subsidiary of Textron Specialized Vehicles.

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10.

Bell Textron is an American helicopter and rotorcraft manufacturer headquartered in Fort Worth, Texas.

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11.

Greenlee Textron is an industrial and electrical tool company headquartered in Rockford, Illinois.

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12.

Textron purchased Jacobsen Manufacturing in June 1978 and continued to produce Jacobsen garden tractors into the 1990s.

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13.

Textron produces plastic fuel systems, selective catalytic reduction systems, windshield and headlamp washer systems and other products.

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14.

Textron Aviation is a new venture formed in March 2014 from Beechcraft and Cessna, retaining the Beechcraft, Cessna and Hawker aircraft type names as brands.

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15.

In March 2022 Textron entered into an agreement to buy Slovenian aircraft builder Pipistrel and form a new division for electric aircraft development.

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16.

Textron will invest in the division to hasten future aircraft development and production.

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17.

Textron Systems is an aerospace and defense development and manufacturing firm headquartered in Providence, Rhode Island.

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18.

Textron reported 2012 annual sales in the Textron Systems segment as $1.

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19.

Textron bought and acquired AAI Corporation in 2007, which has now evolved into the Support Solutions, Electronic Systems and Unmanned Systems business units mentioned above.

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