Panasonic Corp. (PC) plans to restructure its division, Motor Company in April 2010 to enhance growth potential and strengthen its management structure. Upon completion of the restructuring, the motor company will be dissolved.   Panasonic will reorganize and integrate its Home Appliance, Automotive Motor and Industrial Motor Businesses to form the Home Appliances Company (HA) and transfer the Information Equipment Motor Business to Minebea Motor Manufacturing Corporation.  The company will liquidate Panasonic Motor Matsusaka Co., Ltd., which is Panasonic's subsidiary company, for accelerating manufacturing at other optimal locations after transferring compact AC geared motors and industrial brushless motors to Panasonic Motor (Zhuhai).  Panasonic’s organizational restructuring and its ability to target resources to growth areas have enabled the company to withstand the weak economy. The company aims to strengthen both finished product manufacture and device businesses through company-wide cost reduction efforts, including material costs and fixed costs. ...

Curtiss-Wright Corporation (CW) designs, manufactures and overhauls products for motion control and flow control application, and provides a variety of specialized metal treatment services. The company, based in Roseland, New Jersey, was formed in 1929 through the merger of Curtiss Aeroplane and Motor Company and Wright Aeronautical Corporation. Based in Roseland, New Jersey, the company has approximately 7,600 employees worldwide and has offices across the United States, Canada, and Europe.

The company has recently received a follow-on multi-year contract valued at over $80M from Saab Aerostructures to provide the mechanical system and structural fittings for the Boeing 787 large cargo door. This agreement is follow-on to the $16M contract previously announced in February of this year. Sales from this program have the potential to exceed $200M during the production life of the aircraft.

The mechanical system is comprised of mechanical parts for five major flight-critical sub-systems: the lift,

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