Woodward Plans To Transition Its Santa Clarita, California, Aerospace Controls Production To Spartanburg, South Carolina

Sept. 22 (Reuters) - Woodward, Inc. WWD.O:

• Woodward plans to transition its Santa Clarita, California, aerospace controls production to Spartanburg, South Carolina
• Woodward agrees to sell Santa Clarita campus and legacy product lines in deal expected to close FY2027
• Woodward to move military flight control actuation production to Spartanburg, South Carolina
• Woodward to cease operations at Santa Clarita facility by December 2027
• Woodward says the decision is expected to affect about 400 roles at the Santa Clarita facility
• Woodward says the Spartanburg facility is expected to go online in summer 2027 and produce Airbus A350 spoiler actuation systems