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Press Release
May 01, 2009
Goodrich Donates Land to City of Cleveland, Ohio

  • Three acres near landing gear manufacturing facility to be used for community redevelopment

CHARLOTTE, N.C., May 1, 2009 /PRNewswire-FirstCall/ -- Goodrich Corporation (NYSE: GR) donated roughly three acres of land to the city of Cleveland, Ohio to be used in community redevelopment efforts. The land is adjacent to Goodrich's existing Landing Gear manufacturing facilities on Marble Avenue, part of Cleveland's historic Slavic Village neighborhood. A ceremony involving Goodrich employees and Cleveland civic leaders was held at the facility today to commemorate the donation.

Cleveland Mayor Frank G. Jackson said, "This land donation by Goodrich serves as an example of responsible corporate citizenship. Their willingness to work with the City and local partners to put vacant land back into productive use is particularly meaningful to area property owners and our efforts to restore the neighborhood."

Tony Brancatelli, Cleveland City Councilman for the Slavic Village area, said, "This generous donation by Goodrich helps provide additional land as we create a new vision for our community. The significant investments occurring in and around South High School will have a long term positive impact on our neighborhood as we plan for our future."

Ben Campbell, Commercial Development Officer for Slavic Village Development Corporation, said, "We have appreciated support from Goodrich for local projects including the Morgana Bike Trail and the new South High School athletic field. This generous donation of real estate will allow us to move forward with plans for redevelopment as well as an opportunity to use a greenbelt to buffer industrial uses."

Mike Brand, president, Landing Gear at Goodrich, said, "As a longtime employer in Cleveland, Goodrich is proud to donate this land to the city. Many of our employees grew up in this area, and we appreciate the cooperative efforts of our civic leaders and the Slavic Village Development Corporation to bring creative solutions to our community."

The Goodrich Landing Gear facility on Marble Avenue in Cleveland produces landing gear for military aircraft such as the C-17 Globemaster, F-15 Eagle, F-16 Falcon, F/A-18 Hornet and F-35 Lightning II, as well as some Boeing large commercial aircraft. The facility currently employs 472 people in various disciplines including manufacturing, engineering and support functions.

Goodrich Corporation, a Fortune 500 company, is a global supplier of systems and services to aerospace, defense and homeland security markets. With one of the most strategically diversified portfolios of products in the industry, Goodrich serves a global customer base with significant worldwide manufacturing and service facilities. For more information, visit http://www.goodrich.com.

Goodrich Corporation operates through its divisions and as a parent company for its subsidiaries, one or more of which may be referred to as "Goodrich Corporation" in this press release.

Goodrich Corporation; GR - Actuation and Landing Systems

SOURCE Goodrich Corporation

CONTACT:
Laurie Tardif
of Goodrich Corporation
+1-704-423-7048
Web Site: http://www.goodrich.com

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Goodrich Corporation's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.
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