Industrial
share of Textron
2016 revenues
E-Z-GO Personal Transport Vehicle
Kautex Fuel System
Premier Deicer
Our Industrial segment offers three main product lines: fuel systems and functional components produced by Kautex; specialized vehicles and equipment manufactured by the Textron Specialized Vehicles businesses; and manual and powered professional tools, testing and measurement equipment made by the Textron Tools & Test companies.
Revenue by Region
Key Data
| (Dollars in millions) | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|
| Industrial | |||||
| Revenues | $3,794 | $3,544 | $3,338 | $3,012 | $2,900 |
| Segment profit | $ 329 | $ 302 | $ 280 | $ 242 | $ 215 |
| Segment profit margin | 8.7% | 8.5% | 8.4% | 8.0% | 7.4% |
| Total assets | $2,409 | $2,236 | $2,171 | $1,956 | $1,755 |
| Capital expenditures | $ 121 | $ 105 | $ 97 | $ 89 | $ 97 |
| Depreciation and | |||||
| amortization | $ 81 | $ 76 | $ 76 | $ 72 | $ 70 |
Revenue Details
| (In millions) | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|
| Fuel Systems and | |||||
| Functional | |||||
| Components | $2,273 | $2,078 | $1,975 | $1,853 | $1,842 |
| Specialized Vehicles | |||||
| and Equipment | 1,080 | 1,021 | 868 | 713 | 660 |
| Tools and Test | |||||
| Equipment | 441 | 445 | 495 | 446 | 398 |
| Total revenues | $3,794 | $3,544 | $3,338 | $3,012 | $2,900 |
Textron Specialized Vehicles designs and manufactures golf cars, professional turf care equipment, commercial and industrial utility vehicles, recreational side-by-sides, and ground support equipment for the aviation industry. These products are sold under the E-Z-GO®, Cushman®, Textron Off Road, Jacobsen®, Dixie Chopper®, Ransomes®, TUG™, Douglas™, Premier™ and Safeaero™ brands. In the first quarter of 2017, Textron acquired Artic Cat Inc. which manufactures a wide range of snowmobiles and off-road recreational vehicles. These businesses have a diversified customer base that includes consumers, golf courses and resorts, government agencies and municipalities, and commercial and industrial users such as factories, warehouses, airports, planned communities, hunting preserves, educational and corporate campuses, sporting venues, municipalities, utilities, and agriculture and landscaping professionals.
Kautex is a Top 100 global automotive supplier. The company develops and manufactures blow-molded plastic fuel systems, selective catalytic reduction systems, windshield, headlight, camera and sensor cleaning systems, engine camshafts and castings and industrial plastics packaging.
The Textron Tools & Test product line is a group of companies that design and produce powered equipment, electrical test and measurement instruments, mechanical and hydraulic tools, cable connectors, fiber optic assemblies, underground and aerial transmission and distribution products, and power utility products. It is comprised of companies and brands including Greenlee, Greenlee Communications, Greenlee Utility, HD Electric, Klauke, Sherman + Reilly, and Endura.
Major Products
| Product Line | Description |
|---|---|
| Textron Specialized Vehicles | |
| Consumer | A wide range of vehicles in the outdoor powersports market, including side-by-sides, snowmobiles, and ATVs under the Textron Off Road and Arctic Cat brands and personal transportation vehicles (PTVs) under the E-Z-GO and Cushman brands. PTVs are modified E-Z-Go golf cars used primarily in planned communities and neighborhoods. |
| Commercial | Commercial utility vehicles in a number of commercial markets, including agriculture, construction, facilities maintenance, and manufacturing and distribution centers. Vehicle models range from commercial electric, gas and diesel-powered side-by-sides to electrically powered industrial burden carriers and tuggers designed primarily for indoor use. Vehicles are sold under the Cushman brand. |
| Golf | Golf car fleets, professional mowing and turf care equipment, and utility and hospitality vehicles in golf courses and resorts worldwide. Golf cars are sold under the E-Z-GO brand, with turf-care professional equipment sold under the Jacobsen brand, and utility and hospitality vehicles under the Cushman brand. |
| Ground Support Equipment | Ground support equipment for airlines, cargo carriers and airports worldwide. Product lines include towbarless and conventional aircraft pushbacks, deicing equipment, belt loaders, cargo and baggage tractors, ground power units, air-starts and mobile HVAC units. Equipment is sold under the TUG, Douglas, Premier and Safeaero brands. |
| Turf | Zero-turn mowers and commercial turf care equipment for professional groundskeepers, municipal and institutional turf managers, and consumers under the Dixie Chopper, Jacobsen and Ransomes brands. |
| Kautex | |
| Lightweight, all-plastic hybrid fuel tank | First to market in 2015, the all-plastic, lightweight pressurized fuel tank is suitable for hybrid applications. The tank is created using Kautex's NGFS® twin sheet technology, adding patented stiffening elements to withstand the pressure/vacuum requirements needed for hybrid applications and eliminating the need for steel support. |
| Next Generation Fuel Systems (NGFS®) | NGFS® technology, also known as "twin sheet" technology, helps reduce emissions and weight while potentially increasing volume depending on tank design. NGFS® is produced by lowering two sheets of multi-layered parison through the blow molder extruders. The "twin sheet" design allows easy access for components to be integrated directly into the plastic shell, thus eliminating the need for cutting and welding and reducing emissions. |
| Conventional, co-extrusion fuel systems | A multi-layer extrusion process that includes a series of virgin layers of High Density Polyethylene Extrusion, regrind, and ethylene vinyl alcohol—the "barrier" layer that reduces the emission of hydrocarbons into the atmosphere. |
| Selective Catalytic Reduction (SCR) Systems | The Kautex SCR system helps eliminate nitrogen oxide (NOx) emissions from diesel fuel systems. The SCR system injects AdBlue®/DEF (Diesel Exhaust Fluid: urea/water solution) into the exhaust system, reducing the harmful NOx emission to water and nitrogen. SCR systems can reduce NOx by approximately 85% (98% less than EU 4/5) and reduce fuel consumption by 8%. |
| Windscreen, headlamp and camera cleaning systems/solutions | Dirt from muddy roads, dust, frost, snow, and pollution can all affect the performance of the vehicle's windshield, headlights or camera system(s). To help safeguard the full functionality of these components, Kautex Clear Vision Systems (CVS) has created solutions including washer fill & storage, washer fluid management and nozzles for headlights, windshields, camera and ADAS sensors. |
| ADAS sensor cleaning systems/solutions | Camera and sensor cleaning solutions to support the Advanced Driver Assistance Systems (ADAS) to ensure ADAS sensor systems remain clear. |
| Textron Tools & Test | |
| Electrical/Mechanical | Hand Tools, Knockouts, Power Tool Accessories, Bending, Fishing, Cable Pulling, Wire & Cable Termination, Pressing (Plumbing/HVAC), Test & Measurement, Storage & Material Handling. |
| Utility | Pullers & Tensioners, Cable Termination Tools, Cable Installation, Jetting Equipment, Distribution/Transmission Tools, Test & Measurement, Safety, and Controls & System monitoring. |
| Communications | Test & Measurement for Datacom, DSL, Ethernet, Fiber and Wireless networks. |