Fairchild History
1920
Sherman Mills Fairchild founded Fairchild Aerial Camera Corporation. Sherman Fairchild started in the aviation business by designing high speed, between-the-lens shutter aerial cameras.
1927
Sherman Fairchild forms Fairchild Aviation Corporation to provide a suitable aircraft that would accommodate his aerial photography equipment. He began the development and manufacture of airplanes and soon became the largest supplier of civilian transport aircraft in the country and nation’s largest manufacturer of commercial aircraft.
1929
Fairchild takes over Kreider – Reisner, which operates as a separate unit until 1936. Fairchild-Caminez becomes Fairchild Engine Corporation.
1953
Purchased Speed Control Corporation of Wickliffe, Ohio.
1954
Combined operations and moved to St. Augustine, Florida.
1957
Moved to West Babylon, New York
1964
Moved to Fairchild Drive, Winston-Salem, North Carolina
1966
The parent company changes its name to Fairchild Industries.
1989
Fairchild Industries is acquired by Banner Industries which changes its name to the Fairchild Corporation. This corporation focuses on industrial products.
LBO from Fairchild Industrial Division of Fairchild Industries.
1990
Relocated to West Point Blvd., Winston-Salem, North Carolina (current location)
2004
Company acquired by Allied Capital.
2005
Company acquired by Hampshire Equity Partners