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GKN
GKN Ltd is a British multinational automotive and aerospace components business headquartered in Redditch, England. It was a long-running business known for many decades as Guest, Keen and Nettlefolds. It can trace its origins back to 1759 and the birth of the Industrial Revolution. In 2018 GKN plc was acquired by Melrose Industries plc in a hostile takeover. Melrose divested GKN Automotive and GKN Powder Metallurgy in 2023 and listed them as Dowlais Group on the London Stock Exchange. GKN Aerospace continues to be owned by Melrose plc. Throughout the majority of the twentieth century, though steel production remained the core of GKN it branched into tooling and component manufacturing. It was deeply impacted by government policies during the latter half of the century, during which Britain's steel industry was subject to multiple nationalisation and privatisation efforts. During the 1980s, GKN Steel reduced its presence in the steel sector, selling off or shutting down ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
GKN Driveline
GKN Automotive is a multinational manufacturer of driveline components, all-wheel drive systems and plug-in hybrid systems for the automotive industry. It employs around 25,000 people across 47 manufacturing facilities and 6 technology centres in 19 countries. In 2018, Melrose Industries acquired GKN Ltd and renamed it GKN Automotive. This encompasses both the Driveline and ePowertrain divisions. GKN Automotive became the world's largest producer of constant-velocity joints (CVJs), which it began manufacturing in the 1960s for early front-wheel drive cars. Its other products include sideshafts, propshafts, modular eDrive systems, multi-mode hybrid transmissions for plug-in hybrid electric vehicles, torque vectoring systems for electric drivelines and a range of all-wheel drive and four-wheel drive systems. History GKN, originally known as Guest, Keen & Nettlefolds, first began in 1759 with the establishment of Dowlais Ironworks by Thomas Lewis and Isaac Wilkins ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Melrose Industries
Melrose Industries plc is a British aerospace manufacturing company based in Birmingham, England. It is the parent company of GKN Aerospace. The company's shares are listed on the London Stock Exchange as a constituent of the FTSE 100 Index. Melrose Industries was founded in 2003 by David Roper, Christopher Miller and Simon Peckham. In terms of business practices, the company aimed to buy and turn around underperforming businesses. Melrose has acquired, and in some cases also sold numerous engineering companies, including Dynacast, McKechnie, FKI (company), FKI, Elster, Nortek, and GKN. Its acquisition techniques have allegedly included Takeover#Hostile, hostile takeover tactics; Melrose has also been publicly criticised for issuing high paying performance linked incentive schemes to its top executives. In 2023 Melrose Industries plc demerged GKN Automotive and GKN Powder Metallurgy from GKN as Dowlais Group, transforming itself to a focused aerospace business. History In 2003, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Volvo Aero
Volvo Aero was a Swedish aircraft engine, aircraft, guided missiles and rocket engine manufacturer. It became ''GKN Aerospace Engine Systems'' following the company's acquisition by British engineering conglomerate GKN during 2012. It was originally established as ''Nohab Flygmotorfabriker AB'' in 1930 to produce aero engines. The firm became a part of Saab AB, SAAB during 1937; Volvo later purchased most of the stock, thus it was renamed ''Svenska Flygmotor AB'' (''SFA'') and later ''Volvo Flygmotor''. It became the major engine supplier of the Swedish Air Force during the post-war period. During the 1970s, Volvo Flygmotor branched into the commercial aerospace sector, offering overhauls and subcomponent production for several international engine manufacturers, as well as into the European space sector. During the 2000s, Volvo Aero focused on cooperative ventures with various partner companies around the globe. As a result of the Great Recession, Volvo Aero experienced a sus ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dowlais Group
Dowlais Group plc is a British company operating in the automotive and powder metallurgy industries. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. History In March 2023, Melrose Industries announced that it would demerge GKN Automotive and GKN Powder Metallurgy from GKN as Dowlais Group. The name selected, "Dowlais Group", was intended to evoke the Dowlais Ironworks where GKN licensed the Bessemer process, using it to produce steel, in 1865. GKN Automotive has its origins in the company, J. W. Garrington, which specialised in forgings; the forgings produced at the Garrington Darlaston plant, later supplemented by a large plant at Bromsgrove, enabled GKN to become a major supplier of crankshafts, connecting rods, half-shafts and numerous smaller forged components to the UK auto-industry, which had a period of massive expansion during the interwar period and beyond. A new plant was established near Wellington, Shropshire, which was devoted t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
AgustaWestland
AgustaWestland was an Anglo-Italian helicopter design and manufacturing company, which was a wholly owned subsidiary of Finmeccanica (now known as Leonardo). It was formed in July 2000 as an Anglo-Italian multinational company, when Finmeccanica and GKN merged their respective helicopter subsidiaries (Agusta and Westland Helicopters) to form AgustaWestland, with each holding a 50% share. Finmeccanica acquired GKN's stake in AgustaWestland in 2004. In 2016, AgustaWestland was merged into Leonardo S.p.A. (formerly Finmeccanica), where it became the company's helicopters division under the Leonardo Helicopters brand. History The collaboration between Agusta and Westland dates back to 1981, when the two companies established the European Helicopter Industries joint venture with the aim of developing a new medium-size utility helicopter, the EH101. In March 1999, Finmeccanica and GKN announced their intention to merge their respective helicopter subsidiaries. The two parties ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Arthur Keen (businessman)
Arthur Keen (23 January 1835 – 8 February 1915) was a British entrepreneur, the ''Keen'' in engineering firm Guest, Keen and Nettlefolds, later GKN plc. Early years His early years are uncertain but he was born in Cheshire, perhaps near Northwich, the son of a farmer. His early education seems to have been meagre before he joined the London and North Western Railway, probably in some clerical capacity. Somewhere around 1855, he was appointed a goods agent for the railway and relocated to Smethwick where his job led to a network of industrial contacts including Thomas Astbury (1810–1862) who introduced him to Francis Watkins. In 1858, Keen married Astbury's daughter, Hannah. The couple were to go on to parent ten children in half a century of family life in Edgbaston.Smith (2004) Industrialist Watkins was trying to market his patent nut-making machine in England and Keen saw the potential of the business. The firm of ''Watkins and Keen'' was established with capital fro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nigel Stein
Nigel MacRae Stein (born 15 October 1955) is a British businessman. He is the chief executive (CEO) of GKN, a British multinational automotive and aerospace components company. Early life Stein has a bachelor's degree in Engineering Science from the University of Edinburgh. Career He has been CEO of GKN since 1 January 2012. He was also president of the Society of Motor Manufacturers and Traders from 2011–2012, and a non-executive director of Wolseley plc Ferguson plc (formerly Wolseley plc) was an American-British multinational plumbing and heating products distributor. In August 2024, it merged into Ferguson Enterprises. The company traced its roots to The Wolseley Sheep Shearing Machine Co .... References 1955 births Living people British chief executives British corporate directors British automotive engineers Alumni of the University of Edinburgh {{UK-business-bio-1950s-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dowlais Ironworks
The Dowlais Ironworks was a major ironworks and steelworks located at Dowlais near Merthyr Tydfil, in Wales. Founded in the 18th century, it operated until the end of the 20th, at one time in the 19th century being the largest steel producer in the UK. Dowlais Ironworks was the first business to license the Bessemer process, using it to produce steel in 1865. Dowlais Ironworks was one of the four principal ironworks in Merthyr. The other three were Cyfarthfa, Plymouth, and Penydarren Ironworks. In 1936 Dowlais played a part in the events leading to the abdication crisis of Edward VIII, when the King visited the steelworks and was reported as saying that "these works brought these men here. Something must be done to get them back to work", a statement which was seen as political interference. The steelworks closed in 1987. Beginnings (1759–1807) The works was founded as a partnership on 19 September 1759. There were nine original partners. They comprised Thomas Lewis, T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Joseph Henry Nettlefold
Joseph Henry Nettlefold (19 September 1827 – 22 November 1881) was a British industrialist, the Nettlefold in Guest, Keen & Nettlefolds. He was born in London to John Sutton Nettlefold who, in 1854, dispatched him to manage the business of Nettlefold and Chamberlain in Birmingham with his brother Edward John and cousin Joseph Chamberlain. The Chamberlains left the firm in 1874 and Edward John died in 1878, leaving effective control of Birmingham manufacturing and engineering to Joseph, and his younger brother Frederick Nettlefold as chairman in London. Nettlefolds Ltd was launched as a limited company in 1880. Nettlefold, by a series of astute mergers and acquisitions, went on to establish a virtual monopoly in the British wood-screw market. Nettlefold was a sober man whose principal interests were technical. He became a member of the Institution of Mechanical Engineers in 1860. Though both his parents were Unitarian, Nettlefold married a Roman Catholic, Mary Maria S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Michael Turner (businessman)
Michael John Turner CBE (born 5 August 1948) is the former chief executive officer (CEO) of the aerospace and defence company BAE Systems, former chairman of Babcock International and prior to the hostile takeover by Melrose was chairman of GKN plc. Early life He attended Didsbury Technical High School (became Wilbraham High School in 1965) on School Lane in Didsbury. He gained a BA from Manchester Polytechnic in 1970, whilst working for Hawker Siddeley Aviation which he joined in 1966. Career Turner replaced the previous CEO at BAE Systems plc, John Weston, in March 2002 who was dismissed. Turner has previously been a chief operating officer (COO) of the company, responsible for all of the company's business units. Both Turner and BAE's previous chairman, Sir Richard Evans, have had an abrasive relationship with senior Ministry of Defence officials. The relationship deteriorated over cost over-runs and delays to major procurement projects, for example BAE announced a shock ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Finmeccanica
Leonardo S.p.A., formerly Leonardo-Finmeccanica and originally Finmeccanica, is an Italian multinational company specialising in aerospace, defence and security. Headquartered in Rome, the company has 180 sites worldwide. It is the 12th largest defence contractor in the world based on 2020 revenues.Top 100 Arms-Producing and Military Service Companies SIPRI. Received 2019-12-18. The company is partially owned by the Italian government, which holds 30.2% of the company's shares and is its largest shareholder. On 1 January 2016, Leonardo-Finmeccanica became a single industrial company by integrating the activities of its subsidiaries |
