Textron
Sign in to saveAlso known as Textron Incorporated
Textron Inc. is an American industrial conglomerate based in Providence, Rhode Island. Textron's subsidiaries include Bell Textron, Kautex, Textron Aviation (which itself includes the Beechcraft and Cessna brands), and Lycoming Engines. It was founded by Royal Little in 1923 as the Special Yarns Company. In 2020, Textron employed over 33,000 people in 25 countries. The company ranked 265th on the 2021 Fortune 500 of the largest United States corporations by revenue.
Key facts
- Company.name
- Textron Inc.
- Company.logo
- frameless|class=skin-invert-image
- Company.logo_alt
- Textron logo
- Company.image
- Textron building in Providence, Rhode Island.jpg
- Company.image_upright
- yes
- Company.image_alt
- A tan-color 23-story office building in a dense downtown area
- Company.image_caption
- Textron Tower, the company's headquarters
- Company.former_name
- Special Yarns Company
- Company.type
- Public
- Company.founder
- Royal Little
- Company.hq_location
- Textron Tower,
- Company.key_people
- Lisa Atherton(CEO & president)
- Company.revenue
- billion (2024)
- Company.operating_income
- US$777 million (2024)
- Company.profit
- US$824 million (2024)
- Company.assets
- US$16.8 billion (2024)
- Company.equity
- US$7.20 billion (2024)
- Company.num_employees
- (2024)
via Wikipedia infobox
Research organization · ROR
- Type
- Company
- Founded
- 1923
- Location
- Providence, United States
- Also known as
- Special Yarns
- Status
- Active
GRID grid.431960.9 · ISNI 0000 0001 0625 6494
Wikidata facts
- Employees
- 40000
- Revenue
- 13702000000
- Official website
- www.textron.com
- Image
- Textron building in Providence, Rhode Island.jpg
Show 3 more facts
- Commons category
- Textron
- inception
- 1923-00-00
- total equity
- 6815000000
Sources (15)
via Wikidata · CC0
~10 min read
Article
19 sectionsContents
- History
- Early history
- Campbell era
- After Campbell
- Divisions
- Able Aerospace Services
- ATAC
- Arctic Cat
- Bell Textron
- E-Z-GO
- Greenlee
- Jacobsen
- Kautex Textron
- Textron AirLand
- Textron Aviation
- Textron eAviation
- Textron Systems
- References
- External links
Textron Inc. is an American industrial conglomerate based in Providence, Rhode Island. Textron's subsidiaries include Bell Textron, Kautex, Textron Aviation (which itself includes the Beechcraft and Cessna brands), and Lycoming Engines. It was founded by Royal Little in 1923 as the Special Yarns Company. In 2020, Textron employed over 33,000 people in 25 countries. The company ranked 265th on the 2021 Fortune 500 of the largest United States corporations by revenue.
==History== ===Early history=== thumb|Textron fabrics ad from 1948 Textron started as a textile company in 1923, when 27-year-old Royal Little founded the Special Yarns Corporation in Boston, Massachusetts. The company manufactured synthetic yarns, a niche product at the time. By the start of World War II, the company was known as Atlantic Rayon Corporation and manufactured parachutes. As war production wound down, the company started making civilian products as well and was renamed Textron: "Tex" for "textiles" and "tron" from synthetics such as "Lustron". The company was listed on the NYSE in 1947.