Rocketdyne
The Rocketdyne Division was founded by North American Aviation (NAA) in 1955, and was later part of Rockwell International (1967-1996) and Boeing (1996-2005). In 2005, the Rocketdyne Division was sold to United Technologies Corporation, becoming Pratt & Whitney Rocketdyne as part of Pratt & Whitney. In 2013, Pratt & Whitney Rocketdyne was sold to GenCorp, which merged it with Aerojet to form Aerojet Rocketdyne.
Aerojet Rocketdyne Holdings
Due to the studio and rocket businesses, General Tire & Rubber came to own a great deal of property in California. Its internal facilities management unit began commercializing its operations, landing General Tire & Rubber in the real estate business. This started when Aerojet-General Corporation acquired approximately of land in Eastern Sacramento County. Aerojet converted these former gold fields into one of the premier rocket manufacturing and testing facilities in the Western world. However, most of this land was used to provide safe buffer zones for Aerojet's testing and manufacturing operations. Later, as the need for these facilities and safety zones decreased, the property became available for other uses. Located northeast of Sacramento along US Highway 50, the properties were valuable, being in a key growth corridor in the region. Approximately of the Aerojet lands are now being planned as a community called Easton. Easton Development Company LLC was formed to assist in the process.