- Woodward plans to transition Santa Clarita aerospace controls production to Spartanburg, SC.
- Cease operations at Santa Clarita by December 2027.
- Approximately 400 roles affected.
- Agreed to sell Santa Clarita campus and legacy product lines.
- Deal expected to close in FY2027.
- Woodward announced plans to relocate its aerospace controls production from Santa Clarita, California to Spartanburg, South Carolina, ceasing Santa Clarita operations by December 2027 and affecting about 400 jobs. The company also agreed to sell the Santa Clarita campus and legacy product lines, with the deal expected to close in fiscal year 2027.
The headline and the read are open. The reasons are one free account away, on every story.
One free account opens every story complete, the live board, the 30-day calendar, a watchlist and breaking alerts on your phone. No card. The wire stays free to read.
BORSAPLUSWhy it matters · Bull and bear case · Reaction against SPY and the sector · What to watch
Create a free account · no card