November 25, 2014 10:36 PM ET

Chemicals

Company Overview of LORD Corporation

Company Overview

LORD Corporation develops and manufactures adhesives and coatings, vibration and motion control devices, and magnetically responsive solutions to aerospace, defense, automotive, and industrial customers worldwide. The company offers adhesives, such as composite, metal-to-composite/plastic, metal-to-metal, painted metal-to-plastic, specialty substrate, flock, and rubber-to-substrate bonding, as well as dispensing guns and accessories, seam sealers and foams, panel bonding and sealing, and adhesion enhancers/surface modifiers; and coatings, including composite, plastic, glass, elastomer, metal, textile, wood, and wire and cable coatings, as well as weatherstrips. It also offers electronic mate...

111 Lord Drive

Cary, NC 27511-7923

United States

Founded in 1924

Phone:

919-468-5979

Fax:

814-866-5869

Key Executives for LORD Corporation

Chief Executive Officer and President
Chief Financial Officer and Treasurer
President of Oil & Gas and Industrial Equipment
President of Europe
President of Aerospace & Defense
Compensation as of Fiscal Year 2014.

LORD Corporation Key Developments

Lord Corp. Wins $3,373,647 Federal Contract

Lord Corp. has won a $3,373,647 federal contract from the U.S. Naval Supply Systems Command, Philadelphia, for the repair of V-22 aircraft.

Lord Corp. Wins Federal Contract for Aircraft Parts

DLA Acquisition Locations (Defense Logistics Agency), DLA Aviation - BSM, has awarded a $12,404,463.02 federal contract to Lord Corp. on June 11, 20141 for Aircraft parts.

Sikorsky Aircraft Corp. and LORD Corporation Announce Completion of Flight Demonstration Testing of the Hub Mounted Vibration Suppressor

Sikorsky Aircraft Corp. and LORD Corporation announced the successful completion of flight demonstration testing of the Hub Mounted Vibration Suppressor, a new technology aimed to reduce vibration on helicopters. The demonstration was part of an effort to address the challenge of crew fatigue and reduced equipment reliability and readiness that are caused by helicopter vibration. The two companies collaborated on the HMVS flight demonstration at the U.S. Army's Aviation Applied Technology Directorate at Fort Eustis, Virginia, in March. The flight test, completed in March 2014, was performed as part of the Active Rotor Component Demonstration program. The ARCD HMVS flight test was a joint effort among AATD, Sikorsky Aircraft and LORD Corporation. Flight testing on AATD's UH-60A BLACK HAWK helicopter included progression from a hover to 150 kts, auto-rotations and 60-degree angle-of-bank turns. Successful testing in the maneuvering conditions proved the HMVS technology suppressed vibration even in the most dynamic flight conditions. The HMVS cancels the large vibratory loads near the source of the vibration, which is the main rotor hub, thus keeping the loads from propagating into the airframe. In preliminary flight testing, the HMVS was found to reduce vibration significantly, with a 30% weight reduction.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
February 18, 2014
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