Goodrich Corporation (NYSE: GR), formerly the B.F. Goodrich Company, is an American aerospace manufacturing company based in Charlotte, North Carolina. Founded in Akron, Ohio in 1870 as Goodrich, Tew & Co. by Dr. Benjamin Franklin Goodrich. The company name was changed to the "B.F. Goodrich Company" in 1880, to BFGoodrich in the 1980s, and to "Goodrich Corporation" in 2001.
In 1869 Benjamin Franklin Goodrich purchased the Hudson River Rubber Company, a small business in Hastings-on-Hudson, New York. The following year Goodrich accepted an offer of $13,600 from the citizens of Akron, Ohio, to relocate his business there.
The company has a history of innovation. As B.F. Goodrich, the company became one of the largest tire and rubber manufacturers in the world, helped in part by the 1986 merger with Uniroyal (formerly the United States Rubber Company). This product line was sold to Michelin in 1988, and the company merged with Rohr (1997), Coltec Industries, and TRW Aeronautical Systems (formerly Lucas Aerospace) in 2002. The sale of the specialty chemicals division and subsequent change to the current name completed the transformation. In 2006, company sales were $5.8 billion dollars, of which 18%, 16% and 12% of total revenues were accounted for by the U.S. government, Airbus and Boeing, respectively.[1]
In 1936 the company entered the Mexican market in a joint venture with Euzkadi (Now part of Continental AG) (named:Goodrich-Euzkadi). The Troy, Ohio plant was purchased in 1946 from Waco. Since then, Goodrich has manufactured wheels and brakes for a variety of aircraft. Among these are commercial, military, regional, and business programs. This successful operation lies at the core of Goodrich's business. Competitors include the aerostructures divisions of companies such as Honeywell, Messier-Bugatti, Aircraft Braking Systems, (Howmet/Huck) and SNECMA.
In the 1940s, Hood Rubber Company was sold before the Great Depression[2] as a division of the B.F. Goodrich Company.
Goodrich Aerospace Canada (Canadian Landing Gear operations) has been named one of the Greater Toronto Area’s Top 90 Employers for 2010 by Mediacorp Canada Inc.
The Greater Toronto Top Employers award goes to employers throughout the Toronto region that lead their industries in offering exceptional places to work. Organizations are compared to others in their field to determine which ones provide the most progressive and forward-thinking work environment. Winners are chosen based on their demonstration of industry leadership, employee retention and positive employment outlook.
Goodrich was chosen for its contributions to a wide range of benefits including its retirement savings plan, health and wellness initiatives and tuition reimbursement program.
This award is a testament to the Goodrich culture and the value that is placed on each and every one of our employees in creating a supportive, productive and customer focused environment. Congratulations to all employees at both Oakville and Burlington.
CHARLOTTE, N.C., Oct. 21, 2009 /PRNewswire-FirstCall/ -- Goodrich Corporation's (NYSE: GR) Landing Gear facility in Oakville, Ontario has been selected as one of Greater Toronto's Top Employers of 2010 by Mediacorp Canada Inc. Goodrich was chosen for its contributions to a wide range of benefits including its retirement savings plan, health and wellness initiatives and tuition reimbursement program.
Mike Brand, president, Goodrich Landing Gear, said, "This award is a testament to our Oakville team in demonstrating the Goodrich culture of valuing our people, improving our products and processes, and showing ethics and integrity in all that we do."
The Oakville facility produces landing gear for commercial and regional aircraft. The facility employs approximately 850 people, and recently celebrated its 25th year in operation.
The Greater Toronto Top Employers award goes to employers throughout the Toronto region that lead their industries in offering exceptional places to work. Organizations are compared to others in their field to determine which ones provide the most progressive and forward-thinking work environment. Winners are chosen based on their demonstration of industry leadership, employee retention and positive employment outlook.
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.
The provisions of this Policy apply to all Goodrich directors, officers and employees (“Goodrich Employees”), and to all International Intermediaries acting on behalf of Goodrich or working with Goodrich where the business-related activities are likely to involve any contacts or dealings with Government Officials, either directly or indirectly through actual or prospective commercial suppliers, customers, or other firms or individuals with whom Goodrich has business dealings.
All Goodrich Employees and International Intermediaries are responsible for understanding this Policy and ensuring its uniform and effective implementation, as well as ensuring that their conduct and actions fully comply with its requirements.
Goodrich employees whose business-related activities are likely to lead to the following are considered “Core Anti-Corruption Personnel” and shall receive annual Goodrich-approved training on this Policy:
•
contacts or dealings with (a) Goodrich’s International Intermediaries, (b) Government Officials or Politically Exposed Persons; or (c) public international organizations or their officials or employees; or
•
approving or accounting for payments to, transactions with, or hospitality, sponsorship, or entertainment for such parties and/or International Intermediaries.
RESPONSIBILITIES
Each Goodrich Employee or International Intermediary shall read, be familiar with, and strictly comply with this Policy and the prohibitions of all applicable International Anti-Corruption Laws, including the FCPA.
Goodrich Anti-Corruption Compliance Officers are responsible for ensuring that all relevant personnel in their respective organizations, as well as relevant International Intermediaries and their sub-agents if applicable, are fully informed and trained as to the requirements and prohibitions of all applicable International Anti-Corruption Laws, including the FCPA, and this Policy.
Goodrich Human Resources personnel at each Company location are responsible for ensuring that each new Goodrich Employee shall receive or be provided on-line access to a copy of this Policy and shall receive training on all applicable International Anti-Corruption Laws upon joining the Company.
The BCO and ITO are responsible for developing and disseminating both the general introductory and refresher International Anti-Corruption Laws training materials to be provided.
Goodrich SBU Presidents are responsible for identifying the Core Anti-Corruption Personnel in their organizations and providing a list with the names and titles of all such employees to the ITO annually upon request in conjunction with annual International Anti-Corruption Laws training.
Core Anti-Corruption Personnel and International Intermediaries are required to complete Goodrich-approved International Anti-Corruption Laws training annually. Each of Goodrich’s Core Anti-Corruption Personnel and International Intermediaries shall execute a certification of compliance with this Policy and with the International Anti-Corruption Laws annually in conjunction with his or her annual International Anti-Corruption Laws training. Original copies of these certifications are to be retained in a central file at the business location, with copies provided to the ITO. To the extent that local laws and/or employee unions or similar organizations state that employees cannot be forced to sign such certifications, the situation should be referred to the ITO for guidance.
International Intermediaries may only be retained on the Company’s behalf using the Goodrich approved template and with the written approval of the SBU President. All International Intermediaries must be first vetted through ITO. An executed copy of each agreement must be supplied to the ITO. International Intermediaries may only be paid pursuant to the terms of their written agreement and all payments by Goodrich to International Intermediaries must be approved by the SBU Controller.
Retention
Benefits
Goodrich understands the value and importance of rewarding people for their talent, passion and contributions. As part of our people philosophy, we are committed to providing competitive total compensation (wages and benefits) for our employees.
Total compensation at Goodrich goes far beyond your base pay, to include:
variable pay opportunities
health and welfare benefits
retirement benefits
paid time off
opportunities to become a Goodrich shareholder
Our Total Compensation Program is market-based in its design, with the intention of providing levels of pay and benefits to employees that are in line with our competitive labor market. These levels vary across geographic locations.
Total compensation at Goodrich is built on the philosophy that rewarding performance leads to greater success for you and for the company. The rewards you receive are linked to your performance on the job and to your contributions to Goodrich’s success.
You are rewarded based on how well you achieve your goals. And, because individual goals are connected with business unit and company goals, you’re also helping Goodrich succeed.
Except in bargaining unit facilities, where compensation is performance-based.
In 1869 Benjamin Franklin Goodrich purchased the Hudson River Rubber Company, a small business in Hastings-on-Hudson, New York. The following year Goodrich accepted an offer of $13,600 from the citizens of Akron, Ohio, to relocate his business there.
The company has a history of innovation. As B.F. Goodrich, the company became one of the largest tire and rubber manufacturers in the world, helped in part by the 1986 merger with Uniroyal (formerly the United States Rubber Company). This product line was sold to Michelin in 1988, and the company merged with Rohr (1997), Coltec Industries, and TRW Aeronautical Systems (formerly Lucas Aerospace) in 2002. The sale of the specialty chemicals division and subsequent change to the current name completed the transformation. In 2006, company sales were $5.8 billion dollars, of which 18%, 16% and 12% of total revenues were accounted for by the U.S. government, Airbus and Boeing, respectively.[1]
In 1936 the company entered the Mexican market in a joint venture with Euzkadi (Now part of Continental AG) (named:Goodrich-Euzkadi). The Troy, Ohio plant was purchased in 1946 from Waco. Since then, Goodrich has manufactured wheels and brakes for a variety of aircraft. Among these are commercial, military, regional, and business programs. This successful operation lies at the core of Goodrich's business. Competitors include the aerostructures divisions of companies such as Honeywell, Messier-Bugatti, Aircraft Braking Systems, (Howmet/Huck) and SNECMA.
In the 1940s, Hood Rubber Company was sold before the Great Depression[2] as a division of the B.F. Goodrich Company.
Goodrich Aerospace Canada (Canadian Landing Gear operations) has been named one of the Greater Toronto Area’s Top 90 Employers for 2010 by Mediacorp Canada Inc.
The Greater Toronto Top Employers award goes to employers throughout the Toronto region that lead their industries in offering exceptional places to work. Organizations are compared to others in their field to determine which ones provide the most progressive and forward-thinking work environment. Winners are chosen based on their demonstration of industry leadership, employee retention and positive employment outlook.
Goodrich was chosen for its contributions to a wide range of benefits including its retirement savings plan, health and wellness initiatives and tuition reimbursement program.
This award is a testament to the Goodrich culture and the value that is placed on each and every one of our employees in creating a supportive, productive and customer focused environment. Congratulations to all employees at both Oakville and Burlington.
CHARLOTTE, N.C., Oct. 21, 2009 /PRNewswire-FirstCall/ -- Goodrich Corporation's (NYSE: GR) Landing Gear facility in Oakville, Ontario has been selected as one of Greater Toronto's Top Employers of 2010 by Mediacorp Canada Inc. Goodrich was chosen for its contributions to a wide range of benefits including its retirement savings plan, health and wellness initiatives and tuition reimbursement program.
Mike Brand, president, Goodrich Landing Gear, said, "This award is a testament to our Oakville team in demonstrating the Goodrich culture of valuing our people, improving our products and processes, and showing ethics and integrity in all that we do."
The Oakville facility produces landing gear for commercial and regional aircraft. The facility employs approximately 850 people, and recently celebrated its 25th year in operation.
The Greater Toronto Top Employers award goes to employers throughout the Toronto region that lead their industries in offering exceptional places to work. Organizations are compared to others in their field to determine which ones provide the most progressive and forward-thinking work environment. Winners are chosen based on their demonstration of industry leadership, employee retention and positive employment outlook.
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.
The provisions of this Policy apply to all Goodrich directors, officers and employees (“Goodrich Employees”), and to all International Intermediaries acting on behalf of Goodrich or working with Goodrich where the business-related activities are likely to involve any contacts or dealings with Government Officials, either directly or indirectly through actual or prospective commercial suppliers, customers, or other firms or individuals with whom Goodrich has business dealings.
All Goodrich Employees and International Intermediaries are responsible for understanding this Policy and ensuring its uniform and effective implementation, as well as ensuring that their conduct and actions fully comply with its requirements.
Goodrich employees whose business-related activities are likely to lead to the following are considered “Core Anti-Corruption Personnel” and shall receive annual Goodrich-approved training on this Policy:
•
contacts or dealings with (a) Goodrich’s International Intermediaries, (b) Government Officials or Politically Exposed Persons; or (c) public international organizations or their officials or employees; or
•
approving or accounting for payments to, transactions with, or hospitality, sponsorship, or entertainment for such parties and/or International Intermediaries.
RESPONSIBILITIES
Each Goodrich Employee or International Intermediary shall read, be familiar with, and strictly comply with this Policy and the prohibitions of all applicable International Anti-Corruption Laws, including the FCPA.
Goodrich Anti-Corruption Compliance Officers are responsible for ensuring that all relevant personnel in their respective organizations, as well as relevant International Intermediaries and their sub-agents if applicable, are fully informed and trained as to the requirements and prohibitions of all applicable International Anti-Corruption Laws, including the FCPA, and this Policy.
Goodrich Human Resources personnel at each Company location are responsible for ensuring that each new Goodrich Employee shall receive or be provided on-line access to a copy of this Policy and shall receive training on all applicable International Anti-Corruption Laws upon joining the Company.
The BCO and ITO are responsible for developing and disseminating both the general introductory and refresher International Anti-Corruption Laws training materials to be provided.
Goodrich SBU Presidents are responsible for identifying the Core Anti-Corruption Personnel in their organizations and providing a list with the names and titles of all such employees to the ITO annually upon request in conjunction with annual International Anti-Corruption Laws training.
Core Anti-Corruption Personnel and International Intermediaries are required to complete Goodrich-approved International Anti-Corruption Laws training annually. Each of Goodrich’s Core Anti-Corruption Personnel and International Intermediaries shall execute a certification of compliance with this Policy and with the International Anti-Corruption Laws annually in conjunction with his or her annual International Anti-Corruption Laws training. Original copies of these certifications are to be retained in a central file at the business location, with copies provided to the ITO. To the extent that local laws and/or employee unions or similar organizations state that employees cannot be forced to sign such certifications, the situation should be referred to the ITO for guidance.
International Intermediaries may only be retained on the Company’s behalf using the Goodrich approved template and with the written approval of the SBU President. All International Intermediaries must be first vetted through ITO. An executed copy of each agreement must be supplied to the ITO. International Intermediaries may only be paid pursuant to the terms of their written agreement and all payments by Goodrich to International Intermediaries must be approved by the SBU Controller.
Retention
Benefits
Goodrich understands the value and importance of rewarding people for their talent, passion and contributions. As part of our people philosophy, we are committed to providing competitive total compensation (wages and benefits) for our employees.
Total compensation at Goodrich goes far beyond your base pay, to include:
variable pay opportunities
health and welfare benefits
retirement benefits
paid time off
opportunities to become a Goodrich shareholder
Our Total Compensation Program is market-based in its design, with the intention of providing levels of pay and benefits to employees that are in line with our competitive labor market. These levels vary across geographic locations.
Total compensation at Goodrich is built on the philosophy that rewarding performance leads to greater success for you and for the company. The rewards you receive are linked to your performance on the job and to your contributions to Goodrich’s success.
You are rewarded based on how well you achieve your goals. And, because individual goals are connected with business unit and company goals, you’re also helping Goodrich succeed.
Except in bargaining unit facilities, where compensation is performance-based.