Tuesday, December 9, 2014

GenCorp: America’s Technology Manufacturer


Established in 1915 and previously known as the General Tire and Rubber Company, GenCorp, Inc. is an American technology manufacturer that is headquartered in Rancho Cordova, California. The company was once engaged in the production of rubber products and even entered on the business of broadcasting and aeronautics. Due to mismanagement and some issues it has encountered with the federal commission, the business eventually spun off some of its businesses.

Its flagship product, General Tire was sold to German tire maker Continental AG. This allowed the business to focus on its remaining venture. The broadcasting division of the company was also discontinued and sold in 1987 after it had a hard time renewing its license due to issues of lying to its regulators and advertisers. With the end of the two businesses, the company now focused on its Aerojet and real estate ventures.

Today, the company provides innovative solutions to the aerospace and defense industry, energy and the real estate markets. They have operations across the United States and in Europe and is powered by their more than 6,000 employees. The real estate division of the company was once engaged in providing rocket manufacturing and testing facilities in the free world. These properties were also used to provide safe buffer zones for their Aerojet’s manufacturing and testing operations. Eventually, as the need for these safe zones decreased, the company created these properties into communities, which they now refer to as Easton.

Their Aerojet segment provides propulsion and energetics to the missile defense, space, tactical missile, armaments and strategic markets. The services provided by this business arm has bolstered humanity’s capacity to explore space. It is worth noting that this division has also helped launch the first few space exploration of humanity. They are also given credit for fortifying America’s technological advancements when it comes to space exploration.

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