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Lycoming Engines Receives National Safety Council Award

Mon. September 22, 2008; Posted: 10:00 AM
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WILLIAMSPORT, Pa., Sep 22, 2008 (BUSINESS WIRE) -- TXT | Quote | Chart | News | PowerRating -- At its 2008 Congress and Expo in Anaheim, CA, the National Safety Council will present its Occupational Excellence Achievement Award to Lycoming Engines, a Textron Inc. (NYSE: TXT | Quote | Chart | News | PowerRating) company. The award recognizes companies that, based on U.S. Department of Labor Bureau of Labor Statistics ratings, have outstanding safety records compared to similar organizations. As a winner of this award, Lycoming is acknowledged as a leader, setting an example in safety performance.

Lycoming's safety achievements include passing the one million hour mark without a lost time accident twice in the last three years. "We thank and congratulate all of our employees for their leadership and commitment to a safe work environment, safe work practices, and building a culture of prevention," said Ian Walsh, Lycoming senior vice president and general manager. "Everyone at Lycoming is proud of this accomplishment."

Scott Witmer, manager of Environmental, Health and Safety at Lycoming,stated, "Safety has the highest priority at Lycoming, and we all share the continuing responsibility of maintaining a safe workplace. This award demonstrates our employees' dedication to preventing accidents and reducing health risks."

In addition to Lycoming's award, Textron is being named one of America's Safest Companies by the National Safety Council's Occupational Hazards magazine.

The National Safety Council

The National Safety Council is a nonprofit, nongovernmental, international public service organization dedicated to educating and influencing people to prevent accidental injuries and deaths. Members of the NSC include more than 50,000 businesses, labor organizations, schools, public agencies, private groups and individuals. Founded in 1913 and chartered by the U.S. Congress in 1953, the primary focus of the NSC is promoting safety and health in the workplace, in transportation, and in homes and communities.

About Lycoming

Lycoming Engines specializes in Engineering, Manufacture, Service and Support of piston aircraft engines. Headquartered in Williamsport, Pennsylvania, Lycoming piston engines power more than half of the world's general aviation fleet - both rotary-wing and fixed-wing. Lycoming Engines is a division of Avco Corporation, a wholly owned subsidiary of Textron Inc. More information is available at www.lycoming.com.

About Textron Inc.

Textron Inc. is a $13.2 billion multi-industry company operating in 34 countries with approximately 44,000 employees. The company leverages its global network of aircraft, defense and intelligence, industrial and finance businesses to provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Bell Helicopter, Cessna Aircraft Company, Jacobsen, Kautex, Lycoming, E-Z-GO, Greenlee, Fluid & Power, Textron Systems and Textron Financial Corporation. More information is available at www.textron.com.

SOURCE: Textron Inc.

Investor Contact: Textron Doug Wilburne, 401-457-2288 Bill Pitts, 401-457-2288 or Media Contact: Lycoming Kristen Samson, 570-327-7076 or Textron Kim Reingold, 401-457-2494

For full details on Textron Inc (TXT) click here. Textron Inc (TXT) has Short Term PowerRatings of 5. Details on Textron Inc (TXT) Short Term PowerRatings is available at This Link.

    


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