 | It has been suggested that this article be merged into Fairchild Aircraft . (Discuss) Proposed since May 2019. |
 | This article relies largely or entirely on a single source .(January 2016) |
| Predecessor | Fairchild-Hiller Corporation |
|---|---|
| Successor | Fairchild Corporation |
| Founded | 1971 |
| Defunct | 1996 |
| Owner | Sherman Mills Fairchild |
Fairchild Industries was created from a name change from Fairchild-Hiller Corporation, division and subsidiaries: Fairchild Aircraft Marketing Company, Fairchild Aircraft Services Division, Fairchild Republic Division, Fairchild Space and Electronics Division, Fairchild Stratos Division, Burns Aero Seat Company, Inc., Fairchild Arms International, Ltd., Fairchild Aviation (Asia) Ltd., Fairchild Aviation (Holland) N.V., Fairchild-Germantown Development Company, Inc. and S.J. Industries, Inc. Prior to 1971 Fairchild Industries was a term used to include many of the companies of its founder Sherman Mills Fairchild.
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The successor corporation is now the Fairchild Corporation. Most of the assets of the original Fairchild Industries Inc. have been sold and the company has a new focus. The last major asset sold was Fairchild Fasteners, a Sherman Fairchild company, which was sold to Alcoa for 657 Million on December 3, 2002 and is now called Alcoa Fasteners. In the summer of 2006, the Fairchild Corporation sold a shopping mall they had built on the Republic Airport property of Fairchild Hiller for 95 Million. They still own property at Republic Airport from Fairchild Hiller. [1]
The Fairchild Corporation is the successor corporation of Fairchild Industries, Inc. Banner Aerospace is one of the company's major subsidiaries.
Sherman Mills Fairchild was an American businessman, investor and inventor. He founded over 70 companies, including Fairchild Aircraft, Fairchild Industries, and Fairchild Camera and Instrument. Fairchild made significant contributions to the aviation industry and was inducted into the National Aviation Hall of Fame in 1979. His Fairchild Camera & Instrument Corporation, Semiconductor Division company played a defining role in the development of Silicon Valley. He held over 30 patents for products ranging from the silicon semiconductor to the 8-mm home sound motion-picture camera. Fairchild is also responsible for inventing the first synchronized camera shutter and flash as well as developing new technologies for aerial cameras that were later used on the Apollo Missions.
Alcoa Corporation is an American industrial corporation. It is the world's eighth largest producer of aluminum, with corporate headquarters in Pittsburgh, Pennsylvania. Alcoa conducts operations in 10 countries. Alcoa is a major producer of primary aluminum, fabricated aluminum, and alumina combined, through its active and growing participation in all major aspects of the industry: technology, mining, refining, smelting, fabricating, and recycling.
