Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
GKN Freight Services history
GKN Freight Services company history timeline
GKN had bid for Fitchell and Sachs, the largest supplier of car parts in West Germany, after taking a minority stake in 1976.
In 1977, the group was still stepping up investment in steelmaking and rerolling with the opening of a new rod mill and steel works in Cardiff, costing £52 million.
Another success in the defense area came in 1984 when the group was awarded a contract for its Warrior tracked armored personnel carrier.
Viscodrive GmbH was created in West Germany to develop viscous drive-control units and a year later, in 1985, Viscodrive Japan and Translite were set up to market the units and composite leaf springs to the Japanese motor industry.
In 1988 the group sold off the underperforming GKN Autoparts distribution business.
In 1989 the group reported record pretax profits of £214.8 million, a far cry from the beginning of the decade.
GKN had recovered sufficiently by 1994 to take the bold--if widely criticized at the time&mdashtion of a hostile takeover of Westland, completed for approximately £557 million.
In March 1997 a federal judge set the damage award at US$591 million but this was reduced two months later to US$390 million.
In mid-2000 GKN reached a final agreement with Finmeccanica S.p.A. of Italy on a merger of their respective helicopter businesses into a 50--50 joint venture called AgustaWestland, which instantly became the number two helicopter maker in the world, trailing only the Boeing Company.
Rate how well GKN Freight Services lives up to its initial vision.
GKN Freight Services jobs
Do you work at GKN Freight Services?
Does GKN Freight Services communicate its history to new hires?
GKN Freight Services competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| International Shipping Limited | 1997 | $8.5M | 75 | - |
| Trailer Bridge | 1991 | - | 214 | 1 |
| FNS | 1977 | $32.0M | 222 | 20 |
| Synovos | 1987 | $88.0M | 330 | - |
| Industrial Distribution Group (idg) | 1997 | $360.0M | 1,240 | 6 |
| BTX Global Logistics | 1980 | $16.0M | 300 | - |
| Universal Asset Management | 1993 | $12.0M | 61 | 11 |
| WGI | 1942 | $40.7M | 100 | 102 |
| Allyn International | 1992 | $32.5M | 100 | - |
| Gateway Logistics Group | 1987 | $7.0M | 125 | - |
GKN Freight Services history FAQs
Zippia gives an in-depth look into the details of GKN Freight Services, including salaries, political affiliations, employee data, and more, in order to inform job seekers about GKN Freight Services. The employee data is based on information from people who have self-reported their past or current employments at GKN Freight Services. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by GKN Freight Services. The data presented on this page does not represent the view of GKN Freight Services and its employees or that of Zippia.
GKN Freight Services may also be known as or be related to GKN Freight Services, Gkn Freight Services, Gkn Freight Services, Inc. and Gkn Freight Svc. Inc.