Fund Semi-Annual Report

Total Page:16

File Type:pdf, Size:1020Kb

Fund Semi-Annual Report Semiannual Report June 30, 2019 (Unaudited) NVIT S&P 500 Index Fund Contents Message to Investors 1 Fund Overview 3 Financial Statements 13 Notes to Financial Statements 19 Supplemental Information 33 Management Information 36 Market Index Definitions 41 SAR-SPX 8/19 Nationwide Funds® Commentary in this report is provided by the portfolio manager(s) of each Fund as of the date of this report and is subject to change at any time based on market or other conditions. Third-party information has been obtained from sources that Nationwide Fund Advisors (NFA), the investment adviser to the Funds, deems reliable. Portfolio composition is accurate as of the date of this report and is subject to change at any time and without notice. NFA, one of its affiliated advisers or its employees may hold a position in the securities named in this report. This report and the holdings provided are for informational purposes only and are not intended to be relied on as investment advice. Investors should work with their financial professional to discuss their specific situation. Statement Regarding Availability of Quarterly Portfolio Holdings The Trust files complete schedules of portfolio holdings for each Fund with the Securities and Exchange Commission (SEC) for the first and third quarters of each fiscal year on Form N-PORT. Additionally, the Trust files a schedule of portfolio holdings monthly for the NVIT Government Money Market Fund on Form N-MFP. Forms N-PORT and Forms N-MFP are available on the SEC’s website at sec.gov. Forms N-PORT and Forms N-MFP may be reviewed and copied at the SEC’s Public Reference Room in Washington, DC, and information on the operation of the Public Reference Room may be obtained by calling 800-SEC-0330. The Trust also makes this information available to investors on nationwide.com/mutualfunds or upon request without charge. Statement Regarding Availability of Proxy Voting Record Information regarding how the Funds voted proxies relating to portfolio securities held during the most recent 12-month period ended June 30 is available without charge, upon request, by calling 800-848-0920, and on the SEC’s website at sec.gov. Before purchasing a variable annuity, you should carefully consider the investment objectives, risks, charges and expenses of the annuity and its underlying investment options. The product prospectus and underlying fund prospectuses contain this and other important information. Underlying fund prospectuses can be obtained from your investment professional or by contacting Nationwide at 800-848-6331. Read the prospectus carefully before you make a purchase. NVIT Funds are not sold to individual investors. These investment options are underlying subaccounts and cannot be purchased directly by the public. They are only available through variable products issued by life insurance companies. Nationwide Funds Group (NFG) comprises Nationwide Fund Advisors, Nationwide Fund Distributors LLC and Nationwide Fund Management LLC. Together they provide advisory, distribution and administration services, respectively, to Nationwide Funds. Nationwide Fund Advisors (NFA) is the investment adviser to Nationwide Funds. Variable products are issued by Nationwide Life Insurance Company or Nationwide Life and Annuity Insurance Company, Columbus, Ohio. The general distributor is Nationwide Investment Services Corporation (NISC), member FINRA. Nationwide Funds distributed by Nationwide Fund Distributors LLC (NFD), member FINRA, Columbus, Ohio. NISC and NFD are not affiliated with any subadviser contracted by Nationwide Fund Advisors (NFA), with the exception of Nationwide Asset Management, LLC (NWAM). Nationwide, the Nationwide N and Eagle, and Nationwide is on your side are service marks of Nationwide Mutual Insurance Company. ©2019 Message to Investors Dear Investor, for federal funds rate hikes faded. Global markets also participated in the rally, as the MSCI EAFE® In the first half of this year we experienced the Index (MSCI EAFE) returned 14.0% for the largest equity market increases since 1998. reporting period, while the MSCI Emerging Although the U.S. market faced significant Markets® Index returned 10.6%. volatility at the end of 2018, producing a negative return for the first time since the global financial U.S. economic activity remains relatively crisis in 2008, the U.S. market has rallied sharply, supportive for equity market returns. reaching all-time highs while generating strong results. Economic growth as measured by U.S. gross The economic expansion is the longest on record, domestic product (GDP) continued in the current but progress has been muted. Although key cycle despite gathering headwinds, with the first indicators of economic health have weakened, the quarter of 2019 at 3.1% and consensus estimates probability of a recession occurring this year is for the second quarter at 1.8%. Corporate profit likely to remain low. This ongoing relative growth decelerated from the 21% growth rate of strength in the U.S. economy is likely to sustain 2018, with growth in the first quarter of 2019 the equity bull market despite rising risks. coming in flat due to contracting profit margins and sluggish global revenues. For the full year of The impact of higher tariffs on select companies 2019, earnings are expected to grow at 3% on and sectors is likely to prove challenging as the revenue growth of 5% before rebounding to United States and China continue to hammer out double-digit earnings growth next year. All a potential trade deal. In addition, Brexit still factors considered, the economic and earnings haunts the geopolitical landscape, and the yield environments are positioned to provide a healthy curve* remains extremely flat. backdrop for equity returns. These risks combined with slowing growth In mid-2019, the Fed reversed course after having indicate that we may be closer to the end of the followed a steady path of hikes to the federal expansion; however, opportunities for funds rate. At the December 2018 meeting, the appreciation and returns likely still exist for Federal Open Market Committee (FOMC) hiked prudent investors. therateforafourthtimeandprovidedguidance for two additional hikes for 2019. By the June 2019 Economic Review meeting, however, the committee changed During the semiannual reporting period ended guidance to an easing bias due to uncertain June 30, 2019, equity markets were sharply economic data and low inflation. This incremental higher amid a volatile period, as investors were dovishness led to a dramatic drop in interest rates encouraged by an incrementally dovish U.S. across the yield curve, with the 10-year yield falling Federal Reserve, which drove markets to all-time from 2.68% to 2.00% during the reporting period, highs. Markets entered the period in an uncertain and the 2-year yield dropping from 2.50% to 1.73%. condition, with the S&P 500® Index (S&P 500) registering -13.7% for the fourth quarter of 2018, Risk assets were universally higher during the the worst quarter in seven years. Conditions six-month reporting period, led by strength in the improved immediately in 2019, with a 13.5% S&P equity market. Markets declined briefly in May on 500 return in the first calendar quarter, the best growing concerns over a trade war with China, quarterly performance since the financial crisis in then recovered in June to all-time highs. Growth 2008. The 18.5% S&P 500 return for the stocks substantially outperformed value, while semiannual reporting period marked the best first large-capitalization stocks beat small-cap stocks. half of a year since 1997. Fixed-income returns Leading sectors for the period included were broadly higher on falling interest rates and Information Technology, Consumer Discretionary tightening credit spreads as demand for yield and Communication Services, while Energy, assets continued to be strong and expectations Health Care and Materials lagged. 1 Message to Investors (cont.) International stocks rallied during the first half of strategy. We urge investors to seek investments 2019. based on a sound asset allocation strategy, a long-term perspective and regular conversations International stocks rallied sharply during the with a financial advisor. reporting period, reversing a trend for most of 2018, when developed and emerging market At Nationwide, we continue to take a steady indexes steadily underperformed the S&P 500. approach to seeking long-term growth. We Investors initially were concerned that the remain confident in our ability to help investors synchronized global growth story was cracking navigate the markets for years to come. Thank due to disappointing economic growth and the you for investing with us. We deeply value your prospect for trade tariffs. Markets recovered on trust. stabilizing economic data and accommodative monetary policy by central banks across the Sincerely, globe. The performance of fixed-income markets was broadly higher for the reporting period as falling interest rates and tightening credit spreads drove performance. The yield curve was quite flat by Michael S. Spangler historic standards, with the spread between the President & CEO 10-year and 2-year yields at 0.27% at period end. Nationwide Variable Insurance Trust The improving backdrop led to a substantial tightening of credit spreads, led by high yield. * A yield curve is a plotted graph line showing the interest rates of bonds, at a set point in time, that have Semiannual Total Return equal credit quality but different maturity dates. Index (as of June 30,
Recommended publications
  • U.S. Corporate Scores 2018
    01 DISCLOSURE INSIGHT ACTION U.S. CORPORATE SCORES 2018 02 CORPORATE DISCLOSURE TO INVESTORS IN NORTH AMERICA 124 9 28 510 63 192 CONTENTS 03 04 CDP scoring methodology 2018 06 The A-List: North America 08 Corporate scores 34 Appendix I: CDP Activity classification system (cdp-acs) 40 Appendix II: Investor Members and Signatories 46 Appendix III: CDP Supply Chain Members Important Notice The contents of this report may be used by anyone providing acknowledgment is given to CDP. This does not represent a license to repackage or resell any of the data reported to CDP or the contributing authors and presented in this report. If you intend to repackage or resell any of the contents of this report, you need to obtain express permission from CDP before doing so. CDP has prepared the data and analysis in this report based on responses to the CDP 2018 information request. No representation or warranty (express or implied) is given by CDP as to the accuracy or completeness of the information and opinions contained in this report. You should not act upon the information contained in this publication without obtaining specific professional advice. To the extent permitted by law, CDP does not accept or assume any liability, responsibility or duty of care for any consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this report or for any decision based on it. All information and views expressed herein by CDP are based on their judgment at the time of this report and are subject to change without notice due to economic, political, industry and firm-specific factors.
    [Show full text]
  • Doing Business with Textron Aviation
    Doing Business with Textron Aviation FROM: Textron Aviation RE: Becoming a Supplier to Textron Aviation Dear Potential Supplier: Thank you for your interest in becoming a supplier to Textron Aviation. Textron Aviation Inc. is the leading general aviation authority and home to the iconic Beechcraft, Cessna and Hawker brands which account for more than half of all general aviation aircraft flying. What suppliers should do prior to requesting a meeting with Textron Aviation Many questions can be answered prior to contacting a Textron Aviation team member. Before attempting to schedule a visit, or asking to quote on any packages, potential suppliers must review the information below and provide the necessary information where requested, prior to contacting any Supply Chain personnel. Visit http://www.beechcraft.com/supply_chain/diversity/ to review Supply Chain Supplier Diversity Visit and review info provided at http://www.beechcraft.com/supply_chain/potential_supplier/. From this page, enter the requested company information using the “Potential Supplier Database” link found at http://www.beechcraft.com/supply_chain/potential_supplier/potential_supplier.aspx To understand various requirements/expectations of suppliers, Textron Aviation processes/policies, etc…, browse the various links and understand the information provided at the following: http://www.beechcraft.com/supply_chain/ and https://supplier.cessna.com Visit https://supplier.cessna.com/cgi-bin/icoe/index.pl for information regarding the Indirect Center of Excellence (ICOE) who purchase all products and services necessary for business operation, but are not components of the final product (aircraft, helicopter, golf car). ICOE purchases for Bell Helicopter, Cessna Aircraft Company, Beechcraft Corporation, E-Z-GO, Greenlee, Jacobsen, Kautex, TRU, and Textron Defense Systems and also manages several enterprise agreements for Textron North America.
    [Show full text]
  • In the Supreme Court of the State of Delaware
    EFiled: Sep 22 2014 05:19PM EDT Filing ID 56070559 Case Number 333,2014 IN THE SUPREME COURT OF THE STATE OF DELAWARE BELL HELICOPTER TEXTRON, INC., Defendant Below, Appellant, v. ANDRES ARTEAGA, individually, and as Co-Representative of the Estate of No. 333,2014 Leonardo Andrews Arteaga (deceased); and SOCORRO ARTEAGA, Appeal from the Superior Court of individually, and as Co-Representative of New Castle County the Estate of Leonardo Andres Arteaga Case No. N12C-05-008 JRJ (deceased), et al., (Consolidated) Plaintiffs Below, Appellees. APPELLANT’S “CORRECTED” OPENING BRIEF Catherine Slavin (pro hac vice) Joseph J. Bellew (I.D. 4816) Gordon & Rees LLP Damien Nicholas Tancredi (I.D. 5395) One Commerce Square Cozen O’Connor 2005 Market Street, Suite 2900 1201 North Market Street, Suite 1001 Philadelphia, PA 19103 Wilmington, DE 19801 Telephone: (215) 717-4006 Telephone: (302) 295-2000 Facsimile: (215) 693-6650 Facsimile: (302) 295-2013 Attorneys for Bell Helicopter Textron Inc., Defendant Below-Appellant Dated: September 22, 2014 LEGAL\20771559\1 TABLE OF CONTENTS Page NATURE OF PROCEEDINGS ................................................................................. 1 SUMMARY OF ARGUMENT ................................................................................. 5 STATEMENT OF FACTS ........................................................................................ 7 ARGUMENT ............................................................................................................. 9 I. THE CHOICE OF LAW ORDER OFFENDS
    [Show full text]
  • Employers in the Greater Wichita Region
    EMPLOYERS IN THE GREATER WICHITA REGION The Greater Wichita region is home to some of the world’s most recognizable brands, including the two largest privately held companies in the U.S., Cargill Protein and Koch Industries. The area also hosts two of the top general aviation OEMs — Bombardier Learjet and Textron Aviation, as well as Spirit AeroSystems, the world’s largest independent producer of commercial aircraft structures and the largest employer in the region. Innovative Connection The region’s leadership in aerospace, advanced manufacturing, agriculture, IT systems and support, oil and gas, healthcare, and transportation and logistics offer meaningful collaborations among industries. Companies in the Greater Wichita region work together to bring innovations and advances from one sector to another. Company Product/Service Local FTE Employment Spirit AeroSystems Aircraft Assemblies 9,500 Textron Aviation (Beechcraft and Cessna) Aircraft Manufacturer 9,000 Unified School District 259 -- Wichita Public School District 5,600 Ascension Via Christi Health Care 5,400 U.S. Government (a) Federal Government 5,200 McConnell Air Force Base Air Force Base 3,500 Koch Industries Global HQ -- Diversified 3,300 City of Wichita Municipal Government 2,800 Greater Wichita Partnership Data & Resources | Major Employers September 28, 2021 | Page 1 Greater Wichita Partnership Data & Resources | Major Employers September 28, 2021 | Page 2 Company Product/Service Local FTE Employment Sedgwick County County Government 2,600 Wichita State University Higher Education 2,100 State of Kansas Higher Ed. and Government 2,100 Johnson Controls Air Conditioning Manufacturing 2,000 Wesley Healthcare Full Range Health Services 1,800 Cargill Meat Solutions Corp.
    [Show full text]
  • The Ohio Motor Vehicle Industry
    Research Office A State Affiliate of the U.S. Census Bureau The Ohio Motor Vehicle Report February 2019 Intentionally blank THE OHIO MOTOR VEHICLE INDUSTRY FEBRUARY 2019 B1002: Don Larrick, Principal Analyst Office of Research, Ohio Development Services Agency PO Box 1001, Columbus, Oh. 43216-1001 Production Support: Steven Kelley, Editor; Jim Kell, Contributor Robert Schmidley, GIS Specialist TABLE OF CONTENTS Page Executive Summary 1 Description of Ohio’s Motor Vehicle Industry 4 The Motor Vehicle Industry’s Impact on Ohio’s Economy 5 Ohio’s Strategic Position in Motor Vehicle Assembly 7 Notable Motor Vehicle Industry Manufacturers in Ohio 10 Recent Expansion and Attraction Announcements 16 The Concentration of the Industry in Ohio: Gross Domestic Product and Value-Added 18 Company Summaries of Light Vehicle Production in Ohio 20 Parts Suppliers 24 The Composition of Ohio’s Motor Vehicle Industry – Employment at the Plants 28 Industry Wages 30 The Distribution of Industry Establishments Across Ohio 32 The Distribution of Industry Employment Across Ohio 34 Foreign Investment in Ohio 35 Trends 40 Employment 42 i Gross Domestic Product 44 Value-Added by Ohio’s Motor Vehicle Industry 46 Light Vehicle Production in Ohio and the U.S. 48 Capital Expenditures for Ohio’s Motor Vehicle Industry 50 Establishments 52 Output, Employment and Productivity 54 U.S. Industry Analysis and Outlook 56 Market Share Trends 58 Trade Balances 62 Industry Operations and Recent Trends 65 Technologies for Production Processes and Vehicles 69 The Transportation Research Center 75 The Near- and Longer-Term Outlooks 78 About the Bodies-and-Trailers Group 82 Assembler Profiles 84 Fiat Chrysler Automobiles NV 86 Ford Motor Co.
    [Show full text]
  • 2019 Fact Book 1 38% Textron Aviation’S Share of Textron 2019 Revenues TEXTRON AVIATION Cessna Denalitm Cessna Longitude®
    2 019 FACT BOOK ww Textron Inc. is a $13.6 billion multi-industry company with approximately 35,000 TOTAL REVENUE TOTAL REVENUE TOTAL REVENUE employees. The Company leverages its global network of aircraft, defense, BY SEGMENT BY TYPE BY REGION industrial, and finance businesses to provide customers with innovative products and services. Textron is known around the world for its powerful brands such as Bell, Cessna, Beechcraft, Hawker, Jacobsen, Kautex, Lycoming, E-Z-GO, Arctic Cat, Textron Systems, and TRU Simulation + Training. Financial Highlights Dollars in millions, except per share data 2019 2018 Change Revenues $13,630 $13,972 (2)% Textron Commercial 76% U.S. 66% Aviation 38% International revenues % 34% 38% U.S. Government 24% Europe 14% Segment profit1 $ 1,270 $ 1,267 0% Industrial 28% Finance <1% Asia and Income from continuing operations—GAAP $ 815 $ 1,222 (33)% Bell 24% Australia 8% Adjusted income from continuing operations—Non-GAAP2 $ 870 $ 845 3% Textron Other 12% Manufacturing Group debt3 $ 3,124 $ 3,066 2% Systems 10% Shareholders’ equity $ 5,518 $ 5,192 6% Finance <1% Manufacturing Group debt-to-capital (net of cash)2 26% 29% Common Share Data Diluted EPS from continuing operations—GAAP $ 3.50 $ 4.83 (28)% Adjusted diluted EPS from continuing TOTAL REVENUE TOTAL REVENUE TOTAL REVENUE operations—Non-GAAP2 $ 3.74 BY$ SEGMENT3.34 12% BY TYPE BY REGION Dividends per share $ 0.08 $ 0.08 — Diluted average shares outstanding (in thousands) 232,709 253,237 (8)% Key Performance Metrics ROIC4 13.3% 13.0% Net cash provided by operating activities of continuing operations—Manufacturing Group—GAAP5 $ 960 $ 1,127 (15)% Manufacturing cash flow before pension contributions— Non-GAAP3, 5 $ 642 $ 784 (18)% Manufacturing pension contributions $ 51 $ Textron 52 (2)% Commercial 76% U.S.
    [Show full text]
  • AGCO Kicks Off Its 'Cornerstone Brands' Strategy CNH: Trouble At
    September 15, 2006 Vol. 13, Issue 5 • Equipment Sales Down • Lexion Changes Colors • Landini in Brazil AGCO Kicks Off its ‘Cornerstone Brands’ Strategy With 21 brands already under its cor- brands in less than 16 years, AGCO New Idea tractors. porate umbrella, AGCO, the Duluth, had inherited an agglomeration of an Cornerstone Brands. In an Ga.-based manufacturer of farm estimated 1,900 dealers across North exclusive interview with AEI, Bob machinery is ready to streamline the America. Some carried the AGCO trac- Crain,AGCO’s North American senior number of brands carried by its deal- tors and implements, while others vice president and general manager, ers in North America.This is part of a handled Massey Ferguson equipment. explained the new brand strategy.“We wide-ranging strategy to strengthen want a distribution network that’s tied brand recognition, improve distribu- to one of our cornerstone brands so tion channels and reduce costs, say it’s an ACGO dealer,a Massey dealer or company officials. “It’s time for us to a Challenger dealer. During its largest-ever dealer grow up and to build “But our product strategy is going meeting in St. Louis on August 16 and our identity, and that’s to continue to leverage the equity of 17, AGCO announced that it will names like Hesston and White-New build its dealer distribution network what we’re doing...” Idea and Gleaner combines and so on. around three “cornerstone brands” — So we really have a product strategy Massey Ferguson, AGCO and that will leverage the brand names Challenger.
    [Show full text]
  • Aptiv PLC (Name of Registrant As Specified in Its Charter)
    Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A (Rule 14a-101) SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by the Registrant ☒ Filed by a Party other than the Registrant ☐ Check the appropriate box: ☐ Preliminary Proxy Statement ☐ Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) ☒ Definitive Proxy Statement ☐ Definitive Additional Materials ☐ Soliciting Material Pursuant to §240.14a-12 Aptiv PLC (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box): ☒ No fee required. ☐ Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11. (1) Title of each class of securities to which transaction applies: (2) Aggregate number of securities to which transaction applies: (3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined): (4) Proposed maximum aggregate value of transaction: (5) Total fee paid: ☐ Fee paid previously with preliminary materials. ☐ Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. (1) Amount Previously Paid: (2) Form, Schedule or Registration Statement No.: (3) Filing Party: (4) Date Filed: Table of Contents 2021 NOTICE OF ANNUAL MEETING AND PROXY STATEMENT To our Shareholders: I am pleased to invite you to Aptiv PLC’s Annual General Meeting of Shareholders to be held on Friday, April 30, 2021, at 8:00 a.m.
    [Show full text]
  • TEREX CORPORATION (Exact Name of Registrant As Specified in Its Charter)
    UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-K (Mark One) x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2018 or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 1-10702 TEREX CORPORATION (Exact name of registrant as specified in its charter) Delaware 34-1531521 (State of Incorporation) (IRS Employer Identification No.) 200 Nyala Farm Road, Westport, Connecticut 06880 (Address of principal executive offices) (Zip Code) Registrant’s telephone number, including area code: (203) 222-7170 Securities registered pursuant to Section 12(b) of the Act: COMMON STOCK, $.01 PAR VALUE (Title of Class) NEW YORK STOCK EXCHANGE (Name of Exchange on which Registered) Securities registered pursuant to Section 12(g) of the Act: NONE Indicate by check mark if the Registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. YES x NO o Indicate by check mark if the Registrant is not required to file reports pursuant to Section 13 or 15(d) of the Securities Act. YES o NO x Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports) and (2) has been subject to such filing requirements for the past 90 days.
    [Show full text]
  • 2019 Annual Report
    2019 ANNUAL REPORT ANNUAL REPORT 2 019 ANNUAL REPORT Textron’s Diverse Product Portfolio Textron is known around the world for its powerful brands of aircraft, defense and industrial products that provide customers with groundbreaking technologies, innovative solutions and first-class service. TEXTRON AVIATION BELL INDUSTRIAL TEXTRON SYSTEMS Citation Longitude® Bell V-280 Valor Tracker Off Road 800SX Ship-to-Shore Connector (SSC) Aerosonde® Small Unmanned Citation Latitude® Bell-Boeing MV-22 Osprey Arctic Cat RIOT 8000 Aircraft System Beechcraft AT-6 Wolverine Bell 360 Invictus E-Z-GO® RXV® ELiTETM RIPSAW® M5 LycomingTM iE2 Integrated Beechcraft® King Air® 350i Bell 525 Relentless Jacobsen TR330 Electronic Engine TRU Simulaton + Training Cessna SkyCourierTM Bell 429 Global Ranger Kautex Fuel Tank Full Flight Simulator Common Unmanned Surface DenaliTM Bell 505 Jet Ranger X Textron GSE TUGTM ALPHA 4 Vehicle (CUSV®) Textron’s Global Network of Businesses TEXTRON AVIATION Textron Aviation is home to the Beechcraft®, Cessna® and Hawker® aircraft brands and continues to be a leader in general aviation through two principal lines of business: aircraft and aftermarket. Aircraft includes sales of business jet, turboprop and piston aircraft, as well as special mission and military aircraft. Aftermarket includes commercial parts sales, maintenance, inspection and repair services. BELL Bell is a leading supplier of helicopters and related spare parts and services. Bell is the pioneer of the revolutionary tiltrotor aircraft. Globally recognized for world-class customer service, innovation and superior quality, Bell’s global workforce serves customers flying Bell aircraft in more than 130 countries. INDUSTRIAL Our Industrial segment offers two main product lines: fuel systems and functional components produced by Kautex; and specialized vehicles such as golf cars, recreational and utility vehicles, aviation ground support equipment and professional mowers, manufactured by Textron Specialized Vehicles businesses.
    [Show full text]
  • Joseph Arena
    The Little Car that Did Nothing Right: the 1972 Lordstown Assembly Strike, the Chevrolet Vega, and the Unraveling of Growth Economics Thesis Presented in Partial Fulfillment of the Requirements for the Degree Master of Arts in the Graduate School of the Ohio State University By By Joseph A. Arena, B.A. History, Graduate Program The Ohio State University 2009 Thesis Committee Kevin Boyle, Advisor Paula Baker Mansel Blackford Copyright by Joseph A. Arena 2009 Abstract In March 1972, the United Automobile Workers (UAW) struck for eighteen days at the General Motors (GM) assembly complex in Lordstown, Ohio. Previous historical studies have focused on the origins of labor-management conflict at the factory. Drawing upon documents from the UAW’s archives, the business press, and automotive industry trade publications, this thesis contextualizes the strike by linking shop floor conditions with GM’s business strategy, the Nixon administration’s economic policy, and working class life in the Mahoning Valley. The UAW and GM saw the Chevrolet Vega, manufactured at Lordstown, as the domestic industry’s best response to import competition. But bureaucratic imperatives, especially within GM’s management structure, encouraged a series of confrontations between the company and union that culminated in the strike and undermined the Vega’s viability. The thesis expands our understanding of an iconic moment in American labor history and illuminates the ongoing problems confronting the U.S. automobile industry. ii Dedicated to My Mother and Father iii Acknowledgements No historian works alone. The staffs of the Ohio State University Libraries and the State of Ohio Historical Society assisted in procuring materials.
    [Show full text]
  • COMPANY COMPANY2 STREET CITY STATE ZIP Cloverdale
    COMPANY COMPANY2 STREET CITY STATE ZIP Cloverdale Healthcare Inc Cloverdale Manor 412 W Cloverdale Rd Scottsboro AL 35768 Lozier Corporation 401 TAYLOR STREET SCOTTSBORO AL 35768 Lowes Home Centers Inc 481 130 Cox Creek Pkwy S Florence AL 35630 Wenzel Metal Spinning Inc Scottsboro Industrial Par Scottsboro AL 35768 Ajax Tocco Magnethermic Corp Tim Stracener 1506 Industrial Blvd Boaz AL 35957 Lowes Home Centers Inc 606 2671 Ross Clark Cir Dothan AL 36301 Monarch Steel of Alabama Inc 1425 Red Hat Rd Decatur AL 35601 Lowes Home Centers Inc 1726 5291 Highway 280 Birmingham AL 35242 Dothan-Hostn Cty Mntl Retardation Bd. Inc. Vaughn Blumberg Center 2715 Flynn Rd Dothan AL 36303 Meridian Rail Acquisition Greenbrier Rail Services 1200 Corporate Dr Ste 450 Birmingham AL 35242 J L S International Inc 24063 County Road 71 Robertsdale AL 36567 Proshot Concrete Inc 4158 Musgrove Dr Florence AL 35630 Lowes Home Centers Inc 313 1717 Cherokee Ave SW Cullman AL 35055 Utility Trailer Mfg Co HWY 84 & 84 BYP ENTERPRISE AL 36330 Coca-Cola Bottling Co. Consolidated Coca-Cola 4530 Starkey Dr Florence AL 35630 Rainsville Technology Inc Jeremy Lasseter 189 RTI DRIVE Rainsville AL 35986 E & H Steel Corporation 3635 E Hywy 134 Midland City AL 36350 Crowne Investments Inc Parkwood Healthcare Facility 3301 Stadium Dr Phenix City AL 36867 Terex Utilities 4120 Lewisburg Rd Birmingham AL 35207 Ggnsc Winfield LLC 144 County Hghway 14 Winfield AL 35594 Pemco Corporation 100 Pemco Dr Leesburg AL 35983 Hart & Cooley Inc 4910 Moores Mill Rd Huntsville AL 35811 National Healthcare
    [Show full text]