Fairchild Industries
Encyclopedia
Fairchild Industries was created from a name change from Fairchild Hiller Corporation, division and subsidiaries: Fairchild Aircraft Marketing Company, Fairchild Aircraft Services Division, Fairchild Republic Division, Fairchild Space and Electronics Division, Fairchild Stratos Division, Burns Aero Seat Company, Inc., Fairchild Arms International, Ltd., Fairchild Aviation (Asia) Ltd., Fairchild Aviation (Holland) N.V., Fairchild-Germantown Development Company, Inc. and S.J. Industries, Inc. Prior to 1971 Fairchild Industries was a term use to include many of the companies of its founder Sherman Mills Fairchild.
The successor corporation is now the Fairchild Corporation
. Most of the assets of the original Fairchild Industries Inc. have been sold and the company has a new focus. The last major asset sold was Fairchild Fasteners, a Sherman Fairchild
company, which was sold to Alcoa
for 657 Million on December 3, 2002 and is now called Alcoa Fasteners. In the summer of 2006, the Fairchild Corporation
sold a shopping mall they had built on the Republic Airport
property of Fairchild Hiller for 95 Million. They still own property at Republic Airport
from Fairchild Hiller.
The successor corporation is now the Fairchild Corporation
Fairchild Corporation
The Fairchild Corporation is the successor corporation of Fairchild Industries, Inc. Banner Aerospace is one of the company's major subsidiaries.Jeffrey Steiner was the company's CEO until his resignation in October 2008; he died a month later...
. Most of the assets of the original Fairchild Industries Inc. have been sold and the company has a new focus. The last major asset sold was Fairchild Fasteners, a Sherman Fairchild
Sherman Fairchild
Sherman Mills Fairchild was an inventor and serial entrepreneur who founded over 70 companies namely Fairchild Aircraft, Fairchild Industries, Fairchild Aviation Corporation and Fairchild Camera and Instrument. Fairchild made significant contributions to the aviation industry and was inducted into...
company, which was sold to Alcoa
Alcoa
Alcoa Inc. is the world's third largest producer of aluminum, behind Rio Tinto Alcan and Rusal. From its operational headquarters in Pittsburgh, Pennsylvania, Alcoa conducts operations in 31 countries...
for 657 Million on December 3, 2002 and is now called Alcoa Fasteners. In the summer of 2006, the Fairchild Corporation
Fairchild Corporation
The Fairchild Corporation is the successor corporation of Fairchild Industries, Inc. Banner Aerospace is one of the company's major subsidiaries.Jeffrey Steiner was the company's CEO until his resignation in October 2008; he died a month later...
sold a shopping mall they had built on the Republic Airport
Republic Airport
Republic Airport is a state-owned public-use airport located in East Farmingdale, Suffolk County, New York, United States. The airport is on Long Island, one mile east of the central business district of Farmingdale....
property of Fairchild Hiller for 95 Million. They still own property at Republic Airport
Republic Airport
Republic Airport is a state-owned public-use airport located in East Farmingdale, Suffolk County, New York, United States. The airport is on Long Island, one mile east of the central business district of Farmingdale....
from Fairchild Hiller.