GKN Aerospace has boosted its commitment to sustainable manufacturing, with a £50 million (600 million SEK) investment in additive fabrication technology in Trollhättan, Sweden. GKN Aerospace has been at the forefront of additive fabrication for almost two decades, and has significant research and technology centers in Sweden, the UK and the US.

Fred Young, 80, former president and CEO, Forest City Gear passed away on July 17, 2023. A graduate of Harlem High School, class of 1961, Young obtained his BA in English Literature from Rockford University, class of 1965, and went on to spend a year in the Navy Reserves. After spending nearly 40 years as an adventuring bachelor outdoorsman, he met the love of his life, Wendy Nutter, marrying her on the banks of the Wolf River on June 6, 1981. Fred’s greatest joys were his three daughters, whom he taught to always seek adventure, bestow kindness and generosity, treasure friendship, and work hard and play hard. Fred took over the family business, Forest City Gear, in 1967. Founded by his parents in 1955, Fred took the small mom-and-pop shop to a global level, leading the company to manufacture some of the world’s most difficult gearing for amazing end uses from NASA’s Martian rovers and space station to robotic arms and racing yachts.

It is with great sadness that Forest City Gear announces the death of Fred Young, former president and CEO. Fred took over the family business, Forest City Gear, in 1967. Founded by his parents in 1955, Fred took the small mom-and-pop shop to a global level, leading the company to manufacture some of the world's most difficult gearing for amazing end uses from NASA's Martian rovers and space station to robotic arms and racing yachts.

The Timken Company has closed the sale of its Aerospace Drive Systems (ADS) business to PCX Aerostructures, LLC. Terms were not disclosed. ADS is a supplier of drive system components and sub-assemblies for military and civil rotorcraft applications. ADS revenue is expected to be around $50 million in 2022.