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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.
Textron eViation Nexus Tiltrotor eVTOL model at EBACE 2023. Textron completed its purchase of Beech Holdings in March 2014 for approximately US$1.4 billion in cash. The parent company, Textron, financed the equity purchase and the repayment of Beechcraft's debt in cash, plus its issue of US$600 million in senior notes and a new US$500 million five-year term loan.
Club Car also offers street-legal golf carts with automotive features such as seat belts, turn signals, windshields, and more. These vehicles, UTVs and LSVs, were also manufactured and branded for other companies making Club Car the OEM. The utility line was expanded two years later to include more vehicle options. [5]
In 1949 the new subsidiary began making Model G tractors using Ford tractor components, mostly for use in parks and golf courses. [3] The company introduced new products, such as a tractor-mounted compressor in 1955. [4] It continued to make lawnmowers in Stroudsburg for golf course maintenance and for residential use until it closed around ...
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One famous Cushman was the model 53, a military model from the World War II era. Designed to be dropped by parachute with Army Airborne troops, [4] it became known as the Cushman Airborne. Other models were used on military bases for messenger service. The most successful model of Cushman scooter, the Eagle, was in production for approximately ...