Aerospace Testing InternationalAerospace Testing International
  • News
    • A-E
      • Acoustic & Vibration
      • Avionics
      • Data Acquisition
      • Defense
      • Drones & Air Taxis
      • Electric & Hybrid
      • EMC
      • Engine Testing
      • Environmental Testing
    • F-L
      • Fatigue Testing
      • Flight Testing
      • Helicopters & Rotorcraft
      • High Speed Imaging
      • Industry News
    • M-S
      • Materials Testing
      • NDT
      • Simulation & Training
      • Software
      • Space
      • Structural Testing
      • Supplier News
    • T-Z
      • Technology
      • Telemetry & Communications
      • Weapons Testing
      • Wind Tunnels
  • Features
  • Magazines
    • March 2025
    • Dec 2024/Jan 2025
    • Showcase 2025
    • September 2024
    • June 2024
    • Archive Issues
    • Subscribe Free!
  • Opinion
  • Webinars
  • Events
    • All Events
    • Aerospace Test & Development Show
  • Podcasts
  • Videos
  • Suppliers
    • Supplier Spotlights
    • Press Releases
    • Technical Papers
  • Jobs
    • Browse Jobs
    • Post a Job – It’s FREE!
    • Manage Jobs (Employers)
LinkedIn YouTube X (Twitter)
LinkedIn YouTube X (Twitter)
Subscribe to magazine Subscribe to email newsletter Media Pack
Aerospace Testing InternationalAerospace Testing International
  • News
      • Acoustic & Vibration
      • Avionics
      • Data Acquisition
      • Defense
      • Drones & Air Taxis
      • Electric & Hybrid
      • EMC
      • Engine Testing
      • Environmental Testing
      • Fatigue Testing
      • Flight Testing
      • Helicopters & Rotorcraft
      • High Speed Imaging
      • Industry News
      • Materials Testing
      • NDT
      • Simulation & Training
      • Software
      • Space
      • Structural Testing
      • Supplier News
      • Technology
      • Telemetry & Communications
      • Weapons Testing
      • Wind Tunnels
  • Features
  • Magazines
    1. March 2025
    2. Dec 2024/Jan 2025
    3. Showcase 2025
    4. September 2024
    5. June 2024
    6. March 2024
    7. Archive Issues
    8. Subscribe Free!
    Featured
    19th March 2025

    In this issue: March 2025

    Online Magazines By Ben Sampson
    Recent

    In this issue: March 2025

    19th March 2025
    contents and front cover of magazine

    In this issue: December / January 2025

    19th December 2024
    Showcase 2025

    In this issue – Showcase 2025

    6th November 2024
  • Opinion
  • Webinars
  • Events
    • All Events
    • Aerospace Test & Development Show
  • Podcasts
  • Videos
  • Suppliers
    • Supplier Spotlights
    • Press Releases
    • Technical Papers
  • Jobs
    • Browse Jobs
    • Post a Job – It’s FREE!
    • Manage Jobs (Employers)
LinkedIn YouTube X (Twitter)
Aerospace Testing InternationalAerospace Testing International
Industry News Supplier News

Parker acquires Lord Corporation

Ben SampsonBy Ben Sampson3rd May 20192 Mins Read
Share LinkedIn Twitter Facebook Email
Jet-engine closeup

Parker Hannifin is to acquire Lord Corporation for approximately US$3.675 billion.

The transaction has been approved by the directors of each company and is subject to closing conditions, including regulatory approval.

Lord, which is headquartered in Cary, North Carolina, offers a broad array of advanced adhesives, coatings and specialty materials as well as vibration and motion control technologies to the aerospace sector.

The company has annual sales of around US$1.1 billion and has around 3,100 team members at 32 sites globally.

Tom Williams, chairman and CEO of Parker Hannifan said, “This transaction will reinforce our objective to invest in attractive margin, growth businesses that accelerate us towards top-quartile financial performance.

“Lord will significantly expand our materials science capabilities with complementary products, better positioning us to serve customers in growth industries and capitalize on emerging trends such as electrification and lightweighting.

Ed Auslander, president and CEO of Lord said, “With complementary business segments, coming together with Parker will enables is to carry out our grander vision. Parker is already a large tier one supplier in many areas, allowing our business lines immediate access to growth, additional markets, applications and new customers. In addition, the two companies are very much aligned when it comes to core values, great business acumen and cultural fit.” 

Share. Twitter LinkedIn Facebook Email
Previous ArticleBAE flight tests flapless drone
Next Article Heat shield for Mars 2020 mission passes structural tests
Ben Sampson

Ben has worked as a journalist and editor, covering technology, engineering and industry for the last 20 years. Initially writing about subjects from nuclear submarines to autonomous cars to future design and manufacturing technologies, he was editor of a leading UK-based engineering magazine before becoming editor of Aerospace Testing in 2017.

Related Posts

Industry News

Society of Flight Test Engineers Europe releases Annual Symposium 2025 agenda

19th May 20252 Mins Read
Industry News

Spirit AeroSystems split finalized by Airbus and Boeing

28th April 20252 Mins Read
TopAxyz inertial measurement unit
Data Acquisition

Thales launches smaller and lighter MEMS TopAxyz inertial sensor for navigation

7th April 20252 Mins Read
Latest Posts

Industry Adoption of 3D Optical Surface Gauges

21st May 2025

NDT: Robotics and software spur innovation

21st May 2025

Wisk and NASA to partner on US autonomous flight operations and standards

20th May 2025
Supplier Spotlights
Our Social Channels
  • Twitter
  • YouTube
  • LinkedIn
Getting in Touch
  • Subscribe To Magazine
  • Contact Us
  • Meet the Team
  • Media Pack
Related Topics
  • Aircraft Interiors
  • Business Jet Interiors
FREE WEEKLY NEWS EMAIL!

Get the 'best of the week' from this website direct to your inbox every Wednesday

© 2023 Mark Allen Group Ltd | All Rights Reserved
  • Cookie Policy
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.