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Financial Analysis Of Woodward Governor SECTION I Background Incorporated: 1902 NAIC: 333611 Turbine and Turbine Generator Set Unit Manufacturing; 335314 Relay and Industrial Control Manufacturing; 336412 Aircraft Engine and Engine Parts Manufacturing Woodward Governor Company is the world's oldest, founded in 1870, and one of the largest manufacturers of energy control systems and components for industrial and aircraft engines, turbines, and other power equipment. Examples of the company's products include ignition systems, fuel injection systems, integrated fuel systems, and power management controls. The main markets served by the company are power generation, transportation, process industries (such as the processing of oil and gas, petrochemicals, paper, and sugar), and aerospace. The bulk of Woodward Governor's sales are to original equipment manufacturers (OEMs), with General Electric Company accounting for nearly one-third of overall revenues. Other customers include Caterpillar Inc., Honeywell Inc., MAN AG, Pratt & Whitney, and Rolls-Royce plc. The company operates eight plants in the...

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