The Woodward Governor Company sells their Hydraulic Turbine Controls(Hydro) business unit to the General Electric Company in the year 2000.
The Woodward Governor Company only designed and manufactured hydro(water wheel) governors for the first 63 years of their business(1870-1931). In the U.S.A. Woodward hydro governors were in 55% of all the Hydroelectric Power Stations. Today the American Governor Company took over servicing old Woodward hydro governors. History in the making!