After approval by shareholders on Saturday, Chula...
- Share via
After approval by shareholders on Saturday, Chula Vista-based Rohr Industries will split its common shares, two-for-one. The stock split will be in the form of a 100% stock dividend on Dec. 27, to shareholders of record Dec. 16.
Also, Rohr reported that net income for the first quarter ended Nov. 1 grew 5% to $12.1 million. Revenues grew 4% to $154.4 million. “We have a $1-billion backlog, and thus far this year, new commercial aircraft orders are at their second-highest level in nearly two decades,” said Harry W. Todd, Rohr’s chairman and chief executive.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.