AVCO

Avco, Aviation Corp., formed 1929 when Averill Harriman and Lehman Bros underwrote stock issue, management including Juan Trippe and Sherman Fairchild. In 1931 linked with Cord Corp. to include Auburn, Cord and Duesenberg car companies, Stinson Airplane and Lycoming engines, adding Vultee in 1932 and (through Vultee) Consolidated in 1941. Resulting giant Convair was sold to Atlas Corp. 1947, and last aviation holding, Lycoming, sold to Textron 1984.

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