In 1869, Dr. Benjamin Franklin Goodrich purchased the Hudson River Rubber Company, a small business in Hastings-on-Hudson, New York.

This product line was sold to Michelin in 1988, and the company merged with Rohr (1997), Coltec Industries, and TRW Aeronautical Systems (formerly Lucas Aerospace) in 2002.

The company was also sometimes confused with Mr. Goodwrench as the two last names were similar, especially since B.F. Goodrich tires were featured on many General Motors cars and trucks.

In 1869 Dr. Benjamin Franklin Goodrich purchased the Hudson River Rubber Company, a small business in Hastings-on-Hudson, New York.

[citation needed] In 1936, the company entered the Mexican market in a joint venture, Goodrich-Euzkadi (now part of Continental AG).

[citation needed] Goodrich ranked 67th among United States corporations in the value of World War II military production contracts.

[10] In 1987, its first full year of operation, the new Uniroyal Goodrich Tire Company generated almost $2 billion in sales revenue, with profits of $35 million.

[17] In 1999, it acquired Charlotte, North Carolina–based Coltec Industries for $2.2 billion in stock and assumed debt, making the former tire maker the No.

[19] In 2001, the company divested its specialty chemicals business to focus on aerospace and industrial products and, to signify the completion of its transformation, it was renamed Goodrich Corporation and adopted a new logo.

[20] In October 2002, Goodrich acquired TRW Aeronautical Systems, this division was mainly the former Lucas Aerospace activity, mostly based in the UK and France.

Rocketdyne, Hamilton Sundstrand's industrial pumps and compressors operations, Clipper Windpower, and UTC Power (United Technologies' fuel-cell business) would be sold off to raise cash for the deal.

[25] On October 16, 2012, United Technologies Corporation secured an agreement to sell the Power Systems division of Goodrich (Twinsburg Ohio, Pitstone Green Buckinghamshire) to Safran for $400 million.

The sale of this business unit was a condition that the Chinese competition regulators set in approving UTC's purchase of Goodrich.

and On Feb 24, 2004, Goodrich restated its fourth-quarter and full-year earnings results for 2003 after Pratt & Whitney notified the company that it was drastically cutting its order for engine casing components.