Curtiss-Wright to Ring NYSE Closing Bell Marking Centennial Of Wright Brothers' Flight
11 Dezember 2003 - 3:59PM
PR Newswire (US)
Curtiss-Wright to Ring NYSE Closing Bell Marking Centennial Of
Wright Brothers' Flight ROSELAND, N.J., Dec. 11
/PRNewswire-FirstCall/ -- Curtiss-Wright Corporation (NYSE: CW;
CW.B) today announced that Martin R. Benante, Chairman and Chief
Executive Officer will ring The Closing Bell(TM) at the New York
Stock Exchange on Friday, December 12th in honor of the 100th
anniversary of the first flight by the Wright brothers on December
17, 1903. Mr. Benante will be joined on the bell podium by company
executives and representatives from the U.S. Air Force. On December
17, 1903, near Kitty Hawk, N.C., Orville Wright completed the first
successful controlled flight using a wood ribbed biplane with a
12-horsepower engine. He piloted the plane for 12 seconds,
traveling about 120 feet. Orville and his brother Wilbur shared the
spirit of innovation. Their craft is known today as the "Wright
Flyer." This flight marked one of the greatest advancements in the
history of man. On December 17, 2003, there will be a re-enactment
of the original Wright brothers' flight at Kitty Hawk, North
Carolina. Curtiss-Wright is a major sponsor of this international
event and company executives and its Board of Directors will be in
attendance as a replica of the original plane takes off at 10:35
am, the exact time and place the original flight took place.
Curtiss-Wright Corporation was created in 1929 by the merger of the
Wright brothers' companies with those of Glenn Curtiss, also a
major aviation pioneer and, later that year, listed on the NYSE
under the symbol "CW." Today, Curtiss-Wright is a multinational
provider of highly engineered products and precision manufacturing
services to the defense, commercial aerospace and industrial
markets. The Company operates through three business segments:
Motion Control, Flow Control, and Metal Treatment. In addition to
the Centennial of Flight celebration, Curtiss-Wright is approaching
its 75th anniversary for both its founding and listing on the NYSE.
Activities commemorating this diamond milestone will be scheduled
throughout the coming year. "The Wright brothers' were not only
great inventors, they had great intestinal fortitude to overcome
the fear of crashing and possibility of death, which was the fate
of many glider pilots at that time. Their vision resulted in the
creation of a maneuverable plane, and in the process determined
many of the principles of aeronautics that guide aerospace
development to this day," said Martin R. Benante, Curtiss-Wright
CEO and Chairman. "Today, Curtiss-Wright is a diversified, global
enterprise delivering highly engineered, technologically advanced,
value-added products and services to a broad range of industries.
Yet, we maintain the same guiding principles as those early
aviators -- pioneering, progressing, perfecting and advancing."
About Curtiss-Wright Curtiss-Wright Corporation is a diversified
company headquartered in Roseland, New Jersey. The Company designs,
manufactures and overhauls products for motion control and flow
control applications and is a provider of metal treatment services.
The firm employs approximately 4,500 people. More information on
Curtiss-Wright can be found on the Internet at
http://www.curtisswright.com/. Forward-looking statements in this
release are made pursuant to the Safe Harbor provisions of the
Private Securities Litigation Reform Act of 1995. Such
forward-looking statements are subject to certain risks and
uncertainties that could cause actual results to differ materially
from those expressed or implied. Readers are cautioned not to place
undue reliance on these forward-looking statements, which speak
only as of the date hereof. Such risks and uncertainties include,
but are not limited to: a reduction in anticipated orders; an
economic downturn; changes in competitive marketplace and/or
customer requirements; a change in government spending; an
inability to perform customer contracts at anticipated cost levels;
and other factors that generally affect the business of aerospace,
defense contracting, marine, and industrial companies. Please refer
to the Company's current SEC filings under the Securities and
Exchange Act of 1934, as amended, for further information. This
press release and additional information is available at
http://www.curtisswright.com/ and http://www.portfoliopr.com/ .
DATASOURCE: Curtiss-Wright Corporation CONTACT: Glenn E. Tynan, CFO
of Curtiss-Wright Corporation, +1-973-597-4700, ; or Paul Holm, ,
or Jerry Cahn, , +1-212-736-9224, for Curtiss-Wright Corporation
Web site: http://www.curtisswright.com/
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