Allied-Signal Aerospace

1920 Eugene Meyer, a publisher, and William Nichols, a scientist, formed the Allied Chemical & Dye Corporation as a partnership of five American chemical companies.
1928 Allied opened a synthetic ammonia plant and quickly became the world's leading producer of ammonia.
Post-WWII Allied began manufacturing other new products, including nylon 6 (used in manufacturing everything from tyres to clothes) and refrigerants.
1962 Allied bought Union Texas Natural Gas, as a supplier of raw materials for its chemical products
Early 1970s started investing in oil and gas exploration.
By 1979 Union Texas produced 80 percent of Allied's income.
Name changed to Allied Corporation.
1983 Purchased the Bendix Corporation, an aerospace and automotive company
By 1984, Bendix generated 50 percent of Allied's income, while oil and gas generated 38 percent.
1985 Allied merged with the Signal Companies (founded in California in 1928), adding critical mass to its aerospace, automotive and engineered materials businesses, which was now Allied-Signal's largest sector.
1992 The company sold its remaining interest in Union Texas
1993 The Allied-Signal name was changed to AlliedSignal.
1999 Acquired Honeywell
See Also
Sources of Information
- [1] Honeywell history