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Twinsburg's Goodrich Plant Sale To Safran Completed
The transfer of the Goodrich Electric Power Systems plant on Darrow Road was part of Goodrich's $400 million sale of its electric power assets to Safran.
A Twinsburg plant is changing hands as part of a $400 million sale between two international companies.
The Goodrich Electric Power plant on Darrow Road was part of a transfer that completed this month as Goodrich Corp. sold its electric power assets to Safran, a France-based aerospace, defense and security company.
The sale was first announced last October.
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Goodrich has roughly 100 people working at its Twinsburg plant, which works on power systems for aircraft. Safran executives say there is a chance more jobs could be coming to the plant in the future, reports the Twinsburg Bulletin.
“The trend toward more electric aircraft is a long-term, irreversible industry evolution which opens up new opportunities for our industry,” said Jean-Paul Herteman, Safran chairman and CEO, in a news release.
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